Home prices have appreciated at a rapid pace for much of the last four years, but that pace slipped slightly in May. Are the forecasts of the deceleration of home price appreciation coming true?
Read More »HARP Delinquency Rates Lower Across the Board
Data shows that borrowers who refinance through HARP are much less likely to be delinquent than HARP-eligible borrowers who do not utilize the program.
Read More »The Week Ahead: Will Housing Starts Restart?
Housing starts were flat in May after showing signs of resuscitation in April. What will the housing starts report look like for June? The industry will find out on Tuesday, July 19.
Read More »FHFA Reports Progress on Single Security Initiative
According to the FHFA, the GSEs intend to begin implementing the Common Securitization Platform software later this year.
Read More »‘Center-City’ Housing is Making a Comeback
After decades of “hollowing out,” center-cities are becoming increasingly popular, according to the FHFA.
Read More »Stakeholders Urge Watt to Reduce LLPAs and G-Fees
A group of 26 stakeholders in the housing industry has written a letter to FHFA Director Mel Watt asking him to either reduce or eliminate loan-level price adjustments (LLPAs) and guarantee fees charged by the Fannie Mae and Freddie Mac.
Read More »Low Mortgage Rates Spur Refinances
Total refinance volume between Fannie Mae and Freddie Mac increased in April due to falling mortgage rates, according to the Federal Housing Finance Agency (FHFA).
Read More »8 Pitfalls to the FHFA’s URLA Changes
Several trade groups and organizations focused on the banking and mortgage industries recently wrote a letter to FHFA Director Mel Watt, concerning a potential last-minute addition to the new Uniform Residential Loan Application.
Read More »Housing Advocates to FHFA: GSEs Need to Rebuild Capital
Housing finance reform is once again taking center stage as several industry stakeholders have sounded off on the topic, stressing the importance of protecting taxpayers and the mortgage industry in general.
Read More »Is a Fed Rate Hike Imminent?
Two mortgage interest rate indicators released today showed that rates moved upward for the month and over the last week, keeping alive the possibility that the Fed may finally make its move this summer.
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