On Thursday, the Executive Office of the President announced recommendations for significant changes to Fannie Mae and Freddie Mac. Here’s how the new plan aims to end their conservatorship and reduce the role of the GSEs to “level the playing field with the private sector.”
Read More »Eye on the Industry: Updates on Chase, OpenClose, and More
From executive appointments in mortgage lending to new fintech recruitments, catch the movers and shakers of the industry in this weekly update.
Read More »Where are Homeowners Spending the Most on Mortgage?
As homeowners across the country spend a bigger chunk of their income on mortgage payments, some of the hottest housing markets in the country are impacting the pockets of their residents more than others.
Read More »Mortgage Lenders Become Frugal as Competition Heats Up
As the mortgage lending market gets tougher, more lenders are looking to cut costs, according to Fannie Mae. What are the factors driving this trend and how will it impact employment in the industry if it persists?
Read More »Examining Tax Cuts Act’s Impact on Housing
Thursday marks six-months since the passage of the Tax cuts and Jobs Act. Look back on how the changes in taxes have impacted housing.
Read More »Rising Rates or Not, Borrowers Get Set for Summer
Despite an uptick in mortgage rates, more homebuyers are borrowing as they prepare for the summer homebuying season, according to a report. Click through to learn more about the other origination numbers that are rising with the mercury.
Read More »Housing Wealth Increases Among Senior Homeowners
Homeowners over the age of 60 increased their housing wealth by $177 billion in the first quarter of 2018, a report found. Here’s why mortgage debt for this group remains low despite rising equity.
Read More »Houses are Better Today. Housing, Not So Much
A new study measuring the growth of the U.S. housing market since the 1980s shows houses are built to last. But younger people can't buy their way into them.
Read More »What’s Causing Existing Home Sales to Decrease?
Despite growing demand a combination of factors kept existing home sales down in May, according to a report. Does this have to do with consumer perceptions of the market? Experts weigh in.
Read More »Are Rising Housing Starts Really Balancing Demand?
Single-family housing starts broke above the 900K-mark in June according to the latest Census Bureau data. Experts explain the trends behind these numbers and what they foretell about the ongoing housing supply challenges.
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