The Federal Housing Finance Agency (FHFA) has announced that its 2022 Foreclosure Prevention and Refinance Report found that Fannie Mae and Freddie Mac (the GSEs) successfully diverted 96,945 homeowners [...]
With mortgage rates hitting 14-year highs and inflationary woes lingering, high-end homebuyers are backing off from purchasing luxury homes nationwide, with a near 30% drop-off reported year-over-year. The post [...]
Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. But [...]
According to S&P CoreLogic Case-Shiller home prices experienced a near 16% annual gain in July, a total that slid 2.3% month-over-month, as the Fed continues to take action to [...]
Fannie Mae has executed its ninth Credit Insurance Risk Transfer (CIRT) transactions of 2022. CIRTs are part of the GSEs’ ongoing effort to reduce taxpayer risk by increasing the [...]
Home prices may seem as if they’re declining in some parts of the country, but they've also dramatically risen over the past two and a half years since the [...]
In another new sign of the times, roughly 64,000 home-purchase agreements fell through in August 2022 according to Redfin, a number equal to 15.2% of all homes that went [...]
A donation from the Wells Fargo Foundation to be dedicated toward disaster relief efforts in Puerto Rico to rebuild the region in the wake of Hurricane Fiona making landfall. [...]
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for August 2022, which looks at delinquency and foreclosure rates across the U.S. [...]
According to new research from Fannie Mae’s Economic and Strategic Research Group (ESR), the housing market is expected to further cool as mortgage rates continue to rise and continues [...]
