Tag Archives: FHFA

Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

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A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Continue reading →

Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

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A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Continue reading →

New tools from Clear Capital facilitate desktop appraisals

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Real estate agents and brokers approved by Clear Capital provide property information and photos that supplement data from public sources, helping appraisers complete accurate desktop appraisals. Continue reading →

Home price growth in New England states slow to a crawl in October

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Home prices have continued to rise quickly throughout the U.S., but price growth halted in October in the Northeast, according to the Federal Housing Finance Agency’s House Price Index. Continue reading →

The million-dollar question: Do $1M Freddie Mac mortgages conflict with affordable housing mission?

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Redwood Trust, which issues jumbo loans that are off limits to Fannie and Freddie, says costlier markets are better served by private lenders. Continue reading →

Fannie, Freddie raise loan limits to record high

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Rapid home price appreciation during the pandemic means loan limits for Fannie Mae and Freddie Mac will make a record-breaking leap in 2022, fueling a debate over whether that’s ultimately in the best interests of would-be homebuyers struggling to find… Continue reading →

Home price hikes persisted in Q3 as September signaled growth decline

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Prices rose 4.2 percent in the third quarter of 2021 and were up 18.5 percent over the same time last year, according to the latest House Price Index by the Federal Housing Finance Agency. Continue reading →

More lenders jumping the gun on historic Fannie, Freddie loan limits

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Rocket Mortgage and United Wholesale Mortgage — the nation’s top two lenders — and at least five others are raising conforming loan limit to $625,000 ahead of an official FHFA announcement. Continue reading →

Fannie, Freddie loan limits set for record 50-year leap in 2022

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Lenders are betting that home prices kept skyrocketing during the third quarter, and that they’ll be able to sell the bigger loans to Fannie and Freddie once the conforming loan limit officially goes up on Jan. 1. Continue reading →

Home prices continued to see record gains in July: FHFA

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U.S. home prices rose 1.4 percent between June and July 2021, and 19.2 percent year over year, according to a price index released Tuesday by the Federal Housing Finance Agency. Continue reading →