See which markets are unwavering in terms of the number of purchase applications, payment-to-income ratio, mortgage payments, and employment.
Read More »BofA: Charting the Future of Responsible Lending
In a discussion with MReport, Bank of America's Terry Francisco explains how the financial institution is opening up new homeownership opportunities for responsible consumers.
Read More »Freddie Mac Marks Fourth Consecutive Year of Profitability
The ability of the GSEs to remain profitable has been questioned by lawmakers and other stakeholders, but Freddie Mac answered the question Thursday with its fourth quarter and full-year earnings—at least for now.
Read More »FHFA Director Watt Demystifies Challenges and Risks Behind GSE Conservatorship
Fannie Mae and Freddie Mac have been under conservatorship for almost eight years following a massive taxpayer-funded bailout. While many in the industry have called for a GSE reform on numerous occasions over the years, the future of the conservatorship remains uncertain.
Read More »Mortgage Rates Decline for 5th Consecutive Week, Refis Anyone?
Just when the industry thought mortgage interest rates could not get any lower, they dropped further for the fifth consecutive week.
Read More »Fairholme Still Urging GSE Net Worth Sweep to End
Fairholme Funds, one of the largest GSE investors, sued the government in 2013 for sweeping of GSE profits into the U.S. Department of Treasury and recently noted that "a “common sense solution" will prevail.
Read More »GSEs Introduce Independent Dispute Resolution Process for Loan Repurchases
Fannie Mae and Freddie Mac revealed a highly-anticipated, final independent dispute process for mortgage buybacks. The new process will offer more clarity and transparency for lenders and increased credit access to borrowers.
Read More »How eDocuments Can Improve Lenders’ Mortgage Business
Closing on a home can be an exciting but frustrating process, but recent innovations in mortgage technology have made the process much easier through electronic loan document delivery.
Read More »Are Buy-to-Rent Investment Strategies Viable?
The newest business feature of the single-family rental market is comprised of large investors—backed by private equity—that use a buy-to-rent strategy, but how does this size up compared to professionally-managed apartment complexes and will these businesses last?
Read More »The Ups and Downs of Mortgage Rates
Prior to the Federal Reserve’s decision to raise mortgage rates, they were already ticking up without any additional help.
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