Looking Back on 10 Years of CRT
CRT, or the Credit Risk Transfer program, was launched by Fannie Mae 10 years ago. A new Fannie Mae blog examines how the program has performed since its inception. Source: [...]
Home Values Hit New All-Time Highs in Q3
Home prices are up in 71% of the nation, according to ATTOM's 2023 U.S. Home Sales Report, as the U.S. median home price hit another record right in Q3, while [...]
Fay Financial Adds Cari Gordon as Chief Audit Officer
With nearly 30 years in the industry, including time spent at both Fannie Mae and Freddie Mac, Cari Gordon joins Fay Financial to oversee the company’s integrated, risk-based audit plan. [...]
Biden Administration Invests $100M+ in Climate Resilience Upgrades for Low-Income Households
Funded by President Biden’s Investing in America agenda, HUD’s commitment will help combat the climate crisis, increase the supply of affordable housing, and support equitable economic development in communities nationwide. [...]
REO Agents to Share Some Scares
An upcoming webinar presented by Five Star’s FORCE group will explore a number of horror stories told by experienced REO agents, and the lessons learned from these perilous tales. Source: [...]
Housing Dynamics Closely Mirror Those of the Early 1980s
The current housing market is similar to the market of the 1980s. History doesn’t repeat itself, but it often rhymes, says First American Chief Economist Mark Fleming. Source: DS News
CPFB Offers Guidance on Stopping Illegal Junk Fees
Customes will be delighted to know that the CFPB has their back and is helping large banks from charging junk fees for basic customer service. Source: DS News
Rent-Burdened Households Reach Their Highest Level in More than a Decade
The share of renters who are cost-burdened has risen to the highest level since 2012, according to a new survey from Apartment List. Here’s how many households were rent burdened [...]
Florida Court Hears Foreclosure Case Despite a Notice of Removal to Federal Court
Attorney Kathleen Achille examines a recent Florida Circuit Court case where the lender was allowed to proceed with its foreclosure case in a state trial court, even with the borrowers’ [...]