The move could help qualifying borrowers avoid taking out a jumbo mortgage at a higher rate as Rocket gets a jump on an expected increase in Fannie Mae and Freddie Mac’s 2024 loan limits. Continue reading
Between 2018 and 2020, Fannie and Freddie purchased close to 600 shared equity loans, before realizing that current regulations might prohibit them from doing so. Continue reading
Intercontinental Exchange Inc. teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs. Continue reading
Fannie Mae economists predict “mild recession” next year, but say mortgage rates may not ease as much as previously expected. Continue reading
Commissions will take a hit from the seasonal real estate transaction fall-off. But unlike last year, home price growth may gain steam, according to an Intel analysis of housing market projections. Continue reading
Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82 percent also said August was a bad time to buy. Continue reading
Mortgage giants Fannie Mae and Freddie Mac outline relief for victims, including forbearance suspending mortgage payments for up to 12 months. Continue reading
UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80 percent of the area median income. Continue reading
MBA forecasters expect rates to ease and sales to rise next year, but Fannie Mae economists predict home sales will remain subdued even if the Fed pulls off a soft landing. Continue reading
Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces. Continue reading