Fannie Mae Multifamily Ends 2022 With Nearly $70B in Overall Volume
Marking the 35th anniversary of its DUS platform, the GSE continues to support its mission to provide access to affordable housing nationwide. Source: DS News
Appraisal Subcommittee Meets to Address Valuation Bias
First-ever ASC public hearing features experts from across the mortgage lending and appraisal industries delivering testimony on solutions, education, and awareness on valuation bias and fair housing by appraisers. Source: [...]
Report: YoY Pending Sales Down 30% Nationally
A new report from the National Association of Realtors shows pending home sales numbers improving on a monthly basis for the first time in six months. Click through to read [...]
Study Finds Starter Homes More Affordable Than Homebuying
According to the Realtor.com Monthly Renter Report for December 2022, on average, a typical renter from the top 50 metros analyzed faced 41.4% lower monthly payments than a first-time homeowner. [...]
Ginnie Mae Revises Requirements for Pooling Re-Performing Loans
With new announcement, Ginnie Mae continues its commitment to Issuers that maintain the strength and liquidity of the government mortgage market. Source: DS News
Mortgage Delinquency and Foreclosure Rates Remain Near Historic Lows
According to a new CoreLogic report, mortgage delinquency and foreclosure rates remained near record lows in November, while national mortgage delinquencies declined for the 20th straight month on an annual [...]
New REO Inventory Rises
REOs less than 179 days old increased by over 10% as post-moratoria REOs begins to appear in new datasets. Source: DS News
2022 Home Sale Profits Top 50%
“It seems pretty likely that home seller profits peaked for this cycle in 2022,” said Rick Sharga, EVP of Market Intelligence at ATTOM. Source: DS News
HUD Houses More Than 100,000 Families Through ‘House America’ Initiative
HUD Secretary Marcia L. Fudge has surpassed her original goal of housing homeless individuals and was achieved by organizing leaders from 105 communities across 31 states and territories and the [...]