Attorney title opinions could give title insurers a run for their money

SingleSource Property Solutions and Voxtur launch an alternative to title insurance that’s designed with Fannie Mae and Freddie Mac’s new guidelines in mind. Continue reading

Fannie Mae brings in net income of $4.7B in Q2

Like its sister company, Freddie, Fannie Mae remained profitable in Q2 despite pressure from inflation, rising interest rates and worsening affordability, according to earnings released Friday. Continue reading

Commission study paid for by HomeServices comes under fire

The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it’s based on a faulty premise. Continue reading

Lenders gearing up to help renters become homebuyers

New technology and policy changes at Fannie Mae and Freddie Mac spur innovations by Guild Mortgage and Ready Life to help borrowers without credit scores and good payment histories. Continue reading

Why super long mortgages won’t be a thing, and why that’s good news

Longer loans, including a 50-year concept recently floated in the U.K., are sometimes framed as a way to improve housing affordability. But the experts aren’t convinced. Continue reading

Roostify, Indecomm aim to expedite gig worker’s mortgage applications

The partnership integrates Indecomm’s automated income calculation technology, IncomeGenius, into the Roostify Beyond platform to analyze income of self-employed borrowers. Continue reading

Delinquency rates remain at rock bottom, according to new report

CoreLogic reports the number of people behind on their mortgage payments fell to a new record low, helped by rise in home prices and past government protection. Continue reading

Don’t blame investors for run-up in home prices, Freddie Mac says

Researchers at the mortgage giant point to four things that drove the meteoric rise in home prices over the past few years. Investors weren’t one of them. Continue reading

The shifting market will slow prices down — but won’t stop them cold

The market is reaching a turning point in which price reductions are more common. But that doesn’t mean homes can’t still appreciate in value. Continue reading