In her first public speech since President Trump’s attempt to remove her, the economist said she expects a “one-time increase” in prices, with inflation trending back down toward the 2 percent target once “the effects are behind us.” Continue reading
Fannie and Freddie will want government employees to show they have reserves, and some homeowners are now outside 30-day grace period for National Flood Insurance Program renewals. Continue reading
A dozen officials in Fannie Mae’s ethics and internal investigations unit were among 62 people fired on Thursday, “The Wall Street Journal” reports, citing anonymous sources. Continue reading
For the real estate and mortgage industries, it remains to be seen how the new course the Trump administration has set for Fannie and Freddie will impact homebuyers. Continue reading
James’ attorneys will argue that she is a victim of vindictive prosecution and that Lindsey Halligan, the lone U.S. attorney who signed her indictment, was appointed illegally. Continue reading
As artificial intelligence remakes plans and processes, Carl Medford writes, it’s important to be transparent about how you use it to serve real estate clients. Continue reading
Fannie Mae President and CEO Priscilla Almodovar has been replaced on an interim basis by Chief Operating Officer Peter Akwaboah. FHFA Director Bill Pulte fired Freddie Mac CEO Diana Reid in March after board shakeup. Continue reading
“We don’t just have a seat at the table,” Mortgage Bankers Association CEO Bob Broeksmit told members in Las Vegas. “We’re near the head of the table — and we’re speaking loud and clear.” Continue reading
Equitable housing and climate change risk are out, deregulation and combating fraud are in. The plan sheds little light on Trump administration’s bid to spur homebuilders into expanding housing supply. Continue reading
The 2.4 percent increase ahead of an official announcement in November surpasses more cautious 1.5 percent increases adopted last month by UWM, Pennymac, CrossCountry and Rate. Continue reading