Industry News

Uniform Residential Loan Application Timeline Extended

May 5, 2020

Due to the COVID-19 pandemic, the GSE’s have extended the timeline for URLA implementation.
Guarantee Fees to Increase?

May 5, 2020

The money for economic stimulus is likely to come from guarantee fees on Fannie and Freddie loans.
Should Servicers Receive Support?

April 28, 2020

The debate is on whether mortgage servicers should get financial support from GSEs.
Market Stresses Could Impact the Housing Industry

April 21, 2020

Because of the size of the mortgage-backed securities market, many investors have shown concern.
Home Purchase Sentiment Index Falls in March

April 21, 2020

Consumer confidence has slipped in five of six HSPI metrics.
Home Construction is Essential

April 14, 2020

Following a NAHB request, the Department of Homeland Security has deemed home construction essential.
Is Housing Construction Essential Infrastructure Business?

April 7, 2020

In a letter to the Department of Homeland Security, trade groups advocate that construction is a necessity.
The Fed Buys Assets

March 31, 2020

In order to support the financial markets, the Fed takes aggressive efforts.
Record Average FICO Score

March 24, 2020

In 2019, the average FICO score hit a new high.
Housing Sales Potential Still Strong

March 24, 2020

With low rates and millennials coming of age, it is a sellers’ market.
Measures are Being Taken to Mitigate Downturn Losses

March 24, 2020

While this economic downturn is unprecedented, the Fed is working to make sure it won’t be catastrophic.
Rent Prices Increase

March 17, 2020

Single-family rent increased the fastest in three years in 2019.
Hispanic Homeownership on the Rise

March 17, 2020

The Latino homebuyer population continues to drive growth in markets across the United States.
Delinquency Rates Hit Record Lows

March 10, 2020

With sustained low unemployment rates comes low delinquency rates as well.
Renters Think Homeownership is Unaffordable

March 10, 2020

In a recent study, a majority of renters believe that renting is more affordable than owning.
Coronavirus and Jobs?

March 10, 2020

After a strong last three months, it’s yet to be seen how the next jobs report will look.
Fannie Mae Updates LIBOR Arms and Gift Fund Policies

March 3, 2020

Under its new policy, Fannie Mae is changing how gift funds are recorded.
The HPSI Rises for Third Consecutive Month

March 3, 2020

Fannie Mae’s Home Purchase Sentiment Index shows that Americans feel now is a good time to buy or sell a home.
Home Inventory Hits Record Low

March 3, 2020

Low interest rates cause the housing supply to dwindle.
HUD Questionnaires up for Public Comment

February 23, 2020

Loan level/Single-Unit and Condo Project Approval forms are up for revision and renewal.