Ginnie Mae MBS Portfolio Reaches $2.25 Trillion in July
Ginnie Mae’s outstanding mortgage-backed securities portfolio grew for the 13th consecutive month in July, hitting $2.252 trillion, up from $2.229 trillion in June and $2.117 trillion one year ago. Growth [...]
Early-Stage Delinquencies Push Up National Delinquency Rate
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for July 2022, which looks at delinquency and foreclosure rates across the U.S. [...]
Examining Racial Barriers in Homeownership
While mortgages are denied for people of all races, a new LendingTree analysis of 2020 Home Mortgage Disclosure Act (HMDA) data found that the share of Black homebuyers who have [...]
Three of Four Regions Post Declining Home Sales Numbers
The Pending Home Sales Index (PHSI), which measures housing contract activity, again fell in July, the second month in a row and the eighth time it has fallen this year. [...]
Ian Ouwerkerk Named SVP of Underwriting & Credit for Freddie Mac Multifamily
Having served as Interim SVP of Underwriting & Credit since earlier this year, Ouwerkerk has been with the GSE for nearly 15 years, after exiting a career in the commercial [...]
Fannie Mae Advocates for Additional Demographic Loan Data
One of Fannie Mae’s missions is to facilitate equitable and sustainable access to homeownership and quality affordable rental units across the country which provide a stronger and more efficient housing [...]
Homeowners Opting for Improvements Over Shopping for New Homes
With the housing market gradually returning to pre-pandemic norms and mortgage rates surging over 2.5 percentage points in 2022, many homeowners are choosing to renovate their living spaces rather than [...]
July Home Sales Drop to Early-Pandemic Levels
Home sales showed no signs of stopping its recent descent in July 2022, as sales dropped to their lowest level since the beginning of the pandemic when the market was [...]
FHFA Forms Committee on Affordable, Equitable, and Sustainable Housing
Seeking input from several industry stakeholders, the FHFA’s new Advisory Committee will guide the Agency on its commitment to transparency and drafting policy that will connect equitable access with safety [...]