FHFA Director Sandra L. Thompson will testify before the House Financial Services Committee to discuss the latest measures taken by the FHFA to execute its mission of ensuring the [...]

Existing-home sales dropped 3.4% to a seasonally adjusted annual rate of 4.28 million units at a median price of $388,800. Source: DS News

According to Realtor.com's April Rental Report, rent growth slowed to its lowest rate since the onset of the pandemic, as new data revealed a significant increase in multi-family construction [...]

According to Ginnie Mae, April’s mortgage-backed securities issuance supports the financing of more than 112,000 households, including assisting more than 50,700 first-time homebuyers. Source: DS News

Based on April’s data, potential existing-home sales increased to a 5.34 million seasonally adjusted annual rate, a 0.45% month-over-month increase. This represents a 53.3% increase from the market potential [...]

While overall U.S. rent growth remains slightly elevated above pre-pandemic rates, higher-priced property gains are normalizing, according to CoreLogic's latest Single-Family Rent Index. Source: DS News

New policies set forth by the FHA in Mortgagee Letter 2023-10 will shorten the timeframe for mortgagees to receive Home Equity Conversion Mortgage assignment funds. Source: DS News

The U.S. Department of Housing and Urban Development and the National Association of Home Builders announced new information surrounding the Innovative Housing Showcase, held to raise awareness of innovative [...]

Seven-year deal enables Hawaii-based bank to offer real-time mortgage servicing to help power the customer experience. Source: DS News

”Buyers and sellers alike are looking towards the upcoming Federal Reserve meeting with hope, as some experts anticipate the reversal of rate hikes, which could potentially lead to a [...]