Former head of AFR joins Atlanta-based lender as a shareholder and part of the executive team, responsible for fostering growth of the company.
Read More »Report: Appraisal Modernization Equals Profits
The journey toward modernization began more than a decade ago with the digitization of appraisal data through the Uniform Appraisal Dataset and the Uniform Collateral Data Portal. A new report examines how this changed the way we think about collateral risk management, enabling new risk-based, data-centric approaches.
Read More »Home Purchase Sentiment Falls to Lowest Level Since 2020
The latest iteration of Fannie Mae’s Home Purchase Sentiment Index (HPSI) for April decreased by 4.7 points to 68.5, its lowest level since May 2020, as rising mortgage rates and ...
Read More »GSEs Commit to Assisting Borrowers in Their Native Language
New mandate allows for data collected by the GSEs to be used by lenders to facilitate communications with borrowers in their preferred language.
Read More »Mortgage Application Activity Falls to Four-Year Low
As mortgage rates exceed the 5% mark, mortgage application volume continues to slide downward, falling 8.3% over last week’s totals.
Read More »Housing Affordability and Availability Remain Top of Mind
One thousand people took part in Fannie Mae’s third quarter 2021 National Housing Survey and reported back that affordability and remote work are still very much important to members ...
Read More »The Week Ahead: Steps Toward a More Diverse Future
Five Star’s 2022 Diversity and Inclusion Symposium is an event designed to advance the diversity conversation within the mortgage marketplace through critical dialogue among the top D&I experts in the field.
Read More »Fannie Mae Downgrades Expectations for Economic Growth
According to the April 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group, expectations of aggressive monetary policy tightening through 2023 by the Federal Reserve ...
Read More »Housing Starts Edge Upward Month-Over-Month
Despite lingering supply chain concerns, there were 811,000 single-family units under construction in March, marking the highest level since 2006.
Read More »Interest Rises in ARMs
As mortgage rates cross the 5%-mark, application volume continues to tail off, the share of ARMs apps rose, a positive sign in purchase demand while affordability challenges linger.
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