COVID vaccinations give Americans more confidence in housing

Fannie Mae’s Home Price Sentiment Index increased by 5.2 points from February to 81.7 in March. Year over year, the index is up 0.9 points. Continue reading

MBA: Delaying non-qualified mortgage rule will bring uncertainty to housing

The Mortgage Bankers Association believes that delaying the mandatory compliance date, as proposed by the Consumer Financial Protection Bureau, will not increase access to credit. Continue reading

New forbearance requests drop to lowest level since March 2020

Total weekly forbearance requests as a percent of servicing portfolio volume decreased from 0.05 percent to 0.04 percent, according to the latest data from the Mortgage Bankers Association. Continue reading

Hopes of housing shortage relief are dashed as new listings drop

New listing volumes have failed to make up for the shortfall of 2020 and were down 16 percent and 21 percent year over year in January and February, according to a new report from Black Knight. Continue reading

New CFPB proposal would take foreclosures off the table for 2021

The Consumer Financial Protection Bureau is requesting comments from stakeholders on the proposed rule, but given the urgency of the crisis, the deadline for comments is May 10. Continue reading