Industry News

Homeownership Rate Falls

August 20, 2019

The Census Bureau reported that the homeownership rate fell slightly in the second quarter.
Amazon Collaborates with Realogy

August 20, 2019

In a joint venture, Amazon and Realogy partner to start TurnKey.
Administration Won’t Rush Fannie and Freddie Conservatorship Plan

August 12, 2019

The plan for removing GSEs from conservatorship may come in September.
Proposed Rulemaking Could End Qualified Mortgage Patch

August 12, 2019

An advance notice of proposed rulemaking could end the current Qualified Mortgage patch or redefine the parameters of a qualified mortgage.
New Rules for HUD Cash-Out Refi

August 12, 2019

HUD is reducing the amount of equity that can be withdrawn using a cash-out refinance.
Home Equity Increasing

August 5, 2019

The average homeowner gained $6,400 in home equity over the last 12 months.
New Report Addresses GSE Patch Expiration

August 5, 2019

A new report highlights concerns with letting the GSE patch expire.
New Interest Rate Index to be Trialed

August 5, 2019

The proposed replacement has been under consideration by the Federal Reserve since 2014.
Despite Low Rates, Consumer Confidence Falls Slightly

July 30, 2019

Mounting concerns over supply and affordability affect home purchase decisions.
Home Values Near Record High

July 30, 2019

After over a year of falling, home prices rallied in May and could reach record levels.
It’s Refi Time!

July 22, 2019

Up to 8.2 million homeowners could benefit from refinancing.
Treasury Secretary Calls for Housing Reform

July 22, 2019

Steven Mnuchin says reform is necessary to end Fannie Mae and Freddie Mac conservatorships.
Economic Growth Predictions Down Slightly

July 9, 2019

Fannie Mae releases new predictions that show economic growth down from previous forecasts.
New Home Possible Guidelines go into Effect

July 9, 2019

Freddie Mac revises ownership policy for Home Possible loans.
National Flood Insurance Program (NFIP) Reauthorized

July 1, 2019

Agreement authorizes program through September 30, 2024
Could a Major Change in Mortgage Backed Securities Make Home Loans More Affordable?

July 1, 2019

The success or failure of the overhaul will come down to whether MBS traders embrace or reject uniform securities.
Freddie Mac Announces Updates to Home Possible® Eligibility

July 1, 2019

Guide Bulletin 2019-15 revises qualifying income requirements
New Condo Requirements

June 24, 2019

Freddie Mac has issued a bulletin announcing changes to condominium requirements.
Changes Coming to HomeReady Income Limits and DU Eligibility

June 24, 2019

Area Median Income changes will take effect next month.
What is the Future of Homeownership?

June 18, 2019

The majority of renters still believe getting a home loan will be difficult.