Regulator rescinds new Fannie, Freddie fee for riskier borrowers
Lending industry groups like the Mortgage Bankers Association called a fee based on borrower’s debt-to-income ratio “unworkable.” Continue reading
Lending industry groups like the Mortgage Bankers Association called a fee based on borrower’s debt-to-income ratio “unworkable.” Continue reading
The Federal Housing Finance Agency says risk-based fee increases are aimed at ensuring the mortgage giants’ safety and soundness, not to subsidize fee waivers for buyers of limited means. Continue reading
Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains. Continue reading
Fannie Mae and Freddie Mac’s federal regulator will host Velocity TechSprint, a problem-solving challenge for product developers and data scientists in nation’s capital July 10-13. Continue reading
Industry groups continue to object to a new Fannie and Freddie fee aimed at some riskier borrowers as a burden on lenders and consumers. Continue reading
Mortgage giants’ federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases. Continue reading
The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country. Continue reading
The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country. Continue reading
A reversal in home price growth in July deepened into August as prices declined by 0.9 percent, according to the latest S&P CoreLogic Case-Shiller report. They remained up 13 percent from last year. Continue reading
Calling it a “kickback scheme,” HomeOpenly CEO Dmitry Shkipin told the FHFA to ban referral fees charged by online brokerages — including Zillow — that don’t actually buy and sell property. Continue reading