Industry News

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.
Increased Buying Power

February 23, 2020

Home prices are at their most affordable levels in two years.
Homeownership Rate the Highest in Six Years

February 23, 2020

Millennials entering the housing market have boosted the national homeownership rate.
Fair Isaac Fine-Tuning FICO Formula

February 18, 2020

The new Fair Isaac formula will make it tougher for some borrowers to get credit.
Over 9 Million Homeowners are Refi-Eligible

February 18, 2020

As interest rates fall, the number of homeowners who could benefit from refinancing rises.
Housing Market Boosts the Economy

February 18, 2020

The housing market’s contribution to the economy has increased more than 50% since 2010.
Home Values Increase

February 4, 2020

The Fed’s Flow of Funds report shows home values gained 4.2 percent last year.
Cash-out to a Higher Rate?

January 28, 2020

More and more Americans are cashing out home equity by refinancing to a higher rate.
Despite Loosened Standards, Borrower Credit Scores Still High

January 28, 2020

DTI and LTV ratios have been relaxed, but the average credit score of borrowers is trending upward.
CFPB Proposes ATR/QM Change

January 22, 2020

Proposed changes could alter requirements for loans that qualify for the GSE patch.
Housing Wealth for Seniors Reaches New Peak

January 21, 2020

Yet another increase in senior homeowners’ wealth can be attributed to an increase in home values.