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From FAMC
Announcements
Fannie and Freddie Announce Financial Advisors
June 30, 2020
As the GSEs prepare to exit conservatorship, each announces its new financial advisor.
Full story
Rates Stay at the Bottom
June 30, 2020
After reaching a new low last week, rates don’t move this week.
Full story
Resilient Homebuyers
June 30, 2020
Over half of homebuyers are un-swayed by the pandemic.
Full story
Federal Reserve Chairman Expresses Concern
June 30, 2020
Chairman Jerome Powell is worried about the lasting impact of a second virus wave.
Full story
Reopening Related to Surges?
June 30, 2020
With much of the country opening back up, new infections are on the rise.
Full story
Rates Hit Record Lows – Again
June 23, 2020
As rates regularly hit record lows, the housing market is a strong point for the economy.
Full story
The Government will Keep Guaranteeing Loans
June 23, 2020
Fallout from the pandemic will keep GSEs in receivership for longer than previously anticipated.
Full story
Home Prices Continue to Accelerate
June 23, 2020
Fears of home process bottoming out through the pandemic have not come to fruition.
Full story
A Glimpse of Light
June 23, 2020
The jobs report was better than expected, hopefully meaning all is not lost for the economy.
Full story
Housing Market to Lead the Way
June 23, 2020
The housing market is poised to be the leader in pulling the economy out of the current recession.
Full story
Mortgage Bankers Association Praises Lenders
June 23, 2020
MBA Chief Economist Mike Fratantoni says lenders have done a fantastic job of finding solutions in the current environment.
Full story
Senate Approves New HUD Deputy Secretary
June 16, 2020
Brian Montgomery now assumes the number-two slot at HUD.
Full story
Rates Bump Up
June 16, 2020
Rates rose ever so slightly before falling again after data was released.
Full story
Appraisal Process Flexibility
June 16, 2020
Due to the effects of COVID-19, both Fannie Mae and Freddie Mac announce changes to their appraisal policies.
Full story
Most Americans Want to Keep Working from Home
June 16, 2020
Three in four Americans currently working from home wish to keep doing so once the pandemic is over.
Full story
The Magic of Low Rates
June 16, 2020
Low rates continue to inject life into an otherwise struggling economy.
Full story
Exodus Coming?
June 9, 2020
In the wake of the pandemic, nearly a third of Americans want to move away from cities.
Full story
Freddie Mac Releases Self-Employment Documentation Bulletin
June 9, 2020
A recent Freddie Mac bulletin outlines options for obtaining YTD profit and loss statements.
Full story
Rates Tick Up, but Stay Near the Bottom
June 9, 2020
Low interest rates will play a key role in rebounding home sales.
Full story
Independent Lender Profits Up
June 9, 2020
The Mortgage Bankers Association reports that 2019 profits were up substantially over 2018.
Full story
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