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Appraisal exception for higher-priced mortgages unchanged for 2021

National Mortgage
Mortgage Finance
5 years ago

The exemption from the special appraisal requirements for higher-priced mortgages with balances at or under $27,200 will remain unchanged in,.. Read More;

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FHFA issues capital rule, previews next steps on plan to release GSEs

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Federal Housing Finance Agency has finalized a rule imposing higher capital requirements for Fannie Mae and Freddie,.. Read More;

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FHFA lowers multifamily cap, increases affordable housing requirements

National Mortgage
Mortgage Finance
5 years ago

The Federal Housing Finance Agency reduced the size of the multifamily caps for Fannie Mae and Freddie Mac in 2021,,.. Read More;

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Forborne mortgages have similar traits to those likely to default

National Mortgage
Mortgage Finance
5 years ago

Mortgages in forbearance status have very similar characteristics to loans associated with higher default rates, a Freddie Mac study found.,.. Read More;

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Metro Atlanta home sales up, prices soaring

National Mortgage
Mortgage Finance
5 years ago

October was a good month for home sellers in metro Atlanta.The median price of the houses sold last month was,.. Read More;

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Housing starts reach highest point of the pandemic era

National Mortgage
Mortgage Finance
5 years ago

The momentum of construction activity continued in October as single-family housing starts hit their highest points since February, according to,.. Read More;

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Mortgage application volume flat on steep drop in government refis

National Mortgage
Mortgage Finance
5 years ago

Mortgage applications slipped 0.3% from one week earlier, as refinance volume, particularly for Federal Housing Administration and Veterans Affairs loans,,.. Read More;

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Was reboot of this Fed crisis-relief program a bust?

National Mortgage
Mortgage Finance
5 years ago

One of the main spigots of cash the Federal Reserve opened to fight the economic fallout from the coronavirus pandemic,,.. Read More;

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2021 priorities include more equitable access to homeownership for NAR

National Mortgage
Mortgage Finance
5 years ago

Expanded housing equality and affordability are among the National Association of Realtors’ priorities for the coming year, incoming President Charlie,.. Read More;

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Texas homeownership hits record high as sales surge

National Mortgage
Mortgage Finance
5 years ago

The COVID-19 pandemic hasn't put a pause on the increase in Texas homeowners.The state's homeownership rate just hit an all-time,.. Read More;

post

Well-heeled consumers benefiting most from refi boom

National Mortgage
Mortgage Finance
5 years ago

Borrowers with excellent credit are benefiting the most from the recent mortgage boom — the latest evidence that the pandemic,.. Read More;

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Mortgage economists raise forecasts despite signs of a slowing market

National Mortgage
Mortgage Finance
5 years ago

Both the Mortgage Bankers Association and Fannie Mae have recently increased their mortgage volume forecasts for this year and next,,.. Read More;

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