Industry News

Fannie and Freddie Permitted to Retain Earnings

October 8, 2019

The Federal Housing Finance Agency announced the first of moves to wind down conservatorship of GSEs.
Millennials are Flocking to the Suburbs

September 24, 2019

More and more millennials are working stable jobs and ready to settle down.
HUD Proposes Fair Housing Changes

September 10, 2019

Changes could be coming to the Fair Housing Act’s disparate impact standard.
More Rate Cuts Coming?

September 10, 2019

According to Fannie Mae, we will see two more rate cuts before the end of the year.
One in Four Home Searchers Looking to Move Cities

August 27, 2019

The number of home searchers looking to move to a new city increased slightly from last year.
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HUD is reducing the amount of equity that can be withdrawn using a cash-out refinance.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