Fannie and Freddie critic Mark Calabria confirmed as Housing Finance director

The U.S. Senate on Thursday confirmed Mark Calabria to head the Federal Housing Finance Agency (FHFA), the agency tasked with overseeing the government-sponsored entities Fannie Mae and Freddie Mac. Continue reading

JPMorgan Chase CEO says US ‘desperately needs mortgage reform’

Jamie Dimon doesn’t wade deeply into specific changes that he’d like to see in the mortgage industry, but in his new letter does point to his company’s new digital mortgage fulfillment process — which he says allows closings within three weeks — as a b… Continue reading

Agents see growing demand as mortgage rates plummet

Like an avalanche growing larger as it tumbles down a mountain, agents are seeing swelling demand from buyers as mortgage interest rates plummet. Continue reading

Ski town markets wilt as spring buying season heats up

Vail Resorts and Alterra Mountain Company are making real estate decisions based on the growing threat of climate change’s impact on winter. Continue reading

Mortgage rates see biggest plunge in over a decade

Average 30-year fixed-rate mortgages declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in rates since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday. Continue reading