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HUD reinstates fair housing rule, hot housing market shows signs of cooling off & more of this week's top news

National Mortgage
Mortgage Finance
5 years ago

Also: Residential delinquencies reach a pandemic low, groups seek to keep mortgage origination and securitization rules aligned,.. Read More;

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ICE Mortgage Technology acquires eVault source code from DocMagic

National Mortgage
Mortgage Finance
5 years ago

ICE Mortgage Technology has obtained the source code for electronic vault technology from DocMagic, which will now be integrated into,.. Read More;

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Fannie Mae clarifies disaster deferrals for long-term delinquencies

National Mortgage
Mortgage Finance
5 years ago

Government-sponsored enterprise Fannie Mae this week issued guidance on the timelines for procedures related to asking borrowers about post-forbearance disaster,.. Read More;

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Mortgage insurers delinquent inventory shrinking faster than expected

National Mortgage
Mortgage Finance
5 years ago

Delinquent loan inventories, bloated by coronavirus forbearances, shrunk more than expected for private mortgage insurers in May, as the U.S.,.. Read More;

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Rush to buy second homes slows in U.S. with offices reopening

National Mortgage
Mortgage Finance
5 years ago

Homes stand near the coast in an aerial photograph taken over Merrick, New York, U.S., on Monday, Aug. 26, 2019.,.. Read More;

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Can CRE conversions answer the housing inventory crisis? Not so fast.

National Mortgage
Mortgage Finance
5 years ago

A post-coronavirus shift in how people live is underway, given that the necessity of remote work over the past year,.. Read More;

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Mortgage rates fall for a second week amid mixed economic trends

National Mortgage
Mortgage Finance
5 years ago

The average 30-year fixed-rate mortgage remained under 3% for a third consecutive week, as economic data sent mixed signals about,.. Read More;

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HUD restores Obama-era fair housing rule while pledging to improve it

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Department of Housing and Urban Development moved to reinstate a key fair housing rule rolled back under,.. Read More;

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FHFA seeks comment on salary caps at Fannie and Freddie

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Amid concerns about the difficulty in attracting executive talent at Fannie Mae and Freddie Mac, the regulator for,.. Read More;

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Borrowers gain decade-high levels of home equity in first quarter

National Mortgage
Mortgage Finance
5 years ago

The feverish home buying of the past year led to skyrocketing values and the largest amount of owner equity in,.. Read More;

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Mortgage lenders remain negative on profits, citing competition

National Mortgage
Mortgage Finance
5 years ago

Mortgage lenders were extremely bearish on their profitability outlook in the second quarter, issuing the largest negative net share differential,.. Read More;

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Mortgage credit loosens in May, as lenders add ARMs, cash-out refis

National Mortgage
Mortgage Finance
5 years ago

Lenders increased their mortgage credit availability for the third consecutive month in May, helped by conventional lenders adding adjustable rate,.. Read More;

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