Nation’s biggest lender, UWM, is piloting Fannie Mae title waivers

Trade group for title insurers complains federal regulators are disregarding the views of lawmakers in allowing program to move forward on eve of a second Trump administration. Continue reading

Fannie, Freddie loan limits upped to $806,500 in most markets

Mortgage giants will be allowed to back loans of up to $1.2 million in high-cost markets, providing ammo to critics who say goverment backing for mortgages adds to affordability woes. Continue reading

Rates blamed again as US home price growth stalls in third quarter

Home prices continued to rise in September, albeit at a more sluggish pace, according to dueling reports released Tuesday by the Federal Housing Finance Agency and the S&P Dow Jones Indices. Continue reading

Rates blamed again as US home price growth stalls in third quarter

Home prices continued to rise in September, albeit at a more sluggish pace, according to dueling reports released Tuesday by the Federal Housing Finance Agency and the S&P Dow Jones Indices. Continue reading

Campaign to stop Fannie Mae title waiver pilot program resumes

Title insurers have waged a protracted PR and lobbying campaign opposing the pilot program and other title insurance alternatives endorsed by the Biden administration and consumer groups. Continue reading

Investors betting Trump will privatize Fannie Mae, Freddie Mac

Shares in the mortgage giants soared Wednesday on expectations that the Trump administration and Congressional Republicans will revive efforts to privatize the companies. Continue reading

Falling rates help boost Fannie and Freddie loan volumes, net worths

Mortgage giants Fannie Mae and Freddie Mac provided backing for $164 billion in purchase mortgages in Q3, up 10 percent from Q2, while growing combined net worths to $147 billion. Continue reading

Fannie and Freddie will let more buyers off the hook for an appraisal

Appraisal waiver programs that rely on automated valuation models will be expanded next year to allow participation by homebuyers putting less than 20 percent down. Continue reading

Trump allies formulating plans to privatize Fannie and Freddie

A new “Wall Street Journal” report reveals that talks about privatization have been taking place since the spring and have included Trump confidants Larry Kudlow and John McEntee. Continue reading

Mortgage industry vet Diana Reid is first woman to lead Freddie Mac

With former JP Morgan Chase Director Priscilla Almodovar serving as Fannie Mae’s CEO since 2022, both mortgage giants are now led by women for the first time in history. Continue reading