How mortgage lenders are preparing for the end of the refi boom

While most mortgage executives continue to see direct-to-consumer lenders like Rocket Mortgage as their biggest competition, mortgage brokers are seen as an increasingly worthy rival. Continue reading

Nearly two-thirds of buyers say it’s a ‘bad time’ to buy a home

Booming home price growth and dwindling inventory has negatively impacted buyer sentiment, according to Fannie Mae’s latest Home Purchase Sentiment Index. Continue reading

New leadership expected at Fannie and Freddie’s federal regulator

Fannie Mae and Freddie Mac’s federal regulator will soon have a new director, after a Supreme Court ruling that expands the president’s power to remove the head of the Federal Federal Housing Finance Agency without cause. Continue reading

Fannie Mae has ‘meaningfully downgraded’ its forecast for 2021 home sales

As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae said. Continue reading

After buying frenzy, demand for second homes comes down to earth

New lending restrictions and buyer preferences meant slower growth last month in mortgages for vacation homes and investment properties. Continue reading

Fannie, Freddie filling openings left by departures of top executives

The mortgage giants are continuing to fill openings left by top executives who departed in the wake of the November elections, which sidetracked plans to privatize the companies. Continue reading