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 $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years. Continue reading
Loan-level pricing adjustments — a fee on mortgages — led to widespread misinformation leading up to the May 1 hike. Inman spoke to experts about what the changes mean for homeowners. Continue reading
The non-QM lender has kept the doors open by slashing costs and repositioning its retail consumer direct channel, CashCall Mortgage, to be a mortgage broker. 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
The housing sector’s resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie’s latest monthly forecast. Continue reading
Stewart Valuation Intelligence (SVI) is the latest technology vendor to be approved by Fannie Mae to support the new value acceptance + property data valuation process. Continue reading
New products and agent partnerships could help Better make the transition from a company known primarily for refinancing to a lender that serves homebuyers. Continue reading
Consumer sentiment ticked up slightly in March as confidence in selling conditions improved and fewer people worried about losing their jobs. 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