Why Credit Scores Are Rising Amid National Crisis
The average FICO credit score hit a record high of 711 this past July. This uptick to the score may come as a shock, especially since it has taken place [...]
FHA Announces COVID-19 Forbearance Request Extension
The Federal Housing Administration (FHA) and U.S. Department of Housing and Urban Development (HUD) today announced it is extending the date for single family homeowners with FHA-insured mortgages to request [...]
DS5: Housing Forecasts & the State of Foreclosure Auctions
In this week’s DS5: Inside the Industry, Auction.com’s VP of Market Economics, Daren Blomquist, shares his thoughts on where housing is headed and what effects the health crisis is having [...]
FHFA’s Calabria on Loan Extensions and New GSE Rule
FHFA Director Mark Calabria spoke Monday at a virtual event, where his session focused on the agency’s current priorities— the talk included two announcements, one about a new GSE-feedback rule, [...]
New-Home Construction in Areas at Risk of Wildfire
According to data related to wildfires, new homes continue to be constructed in high risk areas. Cape Analytics used artificial intelligence to analyze wide swaths of geospatial imagery to help [...]
Former Fannie Mae CEO James Johnson Dies at 76
James A. Johnson, who served as CEO of Fannie Mae from 1991 to 1998 and was a Democratic campaign operative, died on Sunday, Oct. 18 at the age of 76. [...]
Q3 Foreclosure Starts Have Decreased Most in These Cities
While foreclosure starts are down to the lowest levels since 2008, the impact of a national health crisis and related foreclosure moratoria is different for various parts of the country. [...]
Millions Missed Housing Payments Last Month
In estimating how much distress the COVID-19 crisis has brought upon homeowners, the Mortgage Banker's Association (MBA) determined, via its Research Institute for Housing America (RIHA), that some 6 million [...]
The Week Ahead: Calabria, Carson, Kraninger to Address Industry
Click through to learn how you can hear the latest updates from top representatives of CFPB, FHFA, and HUD. Here's what else is happening in The Week Ahead. The post [...]