Mortgage
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Hurricane Ian’s harm to Florida properties may whole $258.5B
Rain falls ahead of Hurricane Ian in Fort Myers, Florida, US, on Wednesday, Sept. 28, 2022. Hurricane Ian rapidly gained…
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Financial institution of America servicer outlook revised to destructive by Fitch
Compliance concerns led Fitch Ratings to change the outlook for Bank of America’s residential servicing business, even as its latest…
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Fannie Mae pilot reimburses landlords for on-time renter cost information
Fannie Mae is deploying a program to encourage multifamily owners to share renters’ on-time payment data, in a bid to…
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Distant work drove over 60% of house-price surge, Fed research finds
The shift to working from home drove more than half of the increase in house and rent prices during the…
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Compass trims tech workers as extra companies reduce prices
Three real estate and mortgage players are reining in payrolls and operations as the industry reckons with on-going muted production…
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Ginnie Mae FAQs sidestep the important thing questions on new necessities
Last week, Ginnie Mae released a set of FAQs regarding the Amended Eligibility Requirements for government seller/servicers. The folks at…
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CFPB seeks to additional streamline refinancing, broaden loss mitigation
The Consumer Financial Protection Bureau on Thursday issued a request for information that could pave the way for more equitable…
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Fannie, Freddie critical delinquency price continued to dip in 2Q
Fannie Mae and Freddie Mac completed a total of 96,952 foreclosure prevention actions during the second quarter of 2022, according…
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Foreclosures begins rose in August
After increasing for two consecutive months, the national delinquency rate fell by 3.6% in August, to just 4 basis points…
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Individuals are tapping residence fairness regardless of bounce in charges
Soaring mortgage rates aren’t stopping plenty of U.S. property owners from tapping home equity — even if it means locking…
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