Trade Groups Urge Congress to Extend Flood Insurance Program Amid Shutdown Fears
Trade organizations are urging Congress to extend the National Flood Insurance Program before a potential government shutdown could halt critical flood insurance for millions.
Bill Emerson Defends Rocket Companies Against HUD Lawsuit Over Appraisal Independence
Bill Emerson of Rocket Companies defends against a HUD lawsuit, emphasizing appraisal independence and accountability for appraisers over lenders.
Essential Trends Shaping the 2025 Housing Market for Real Estate Professionals
Jessica Lautz discusses key trends for the 2025 housing market, emphasizing the importance of first-time buyers, demographic shifts, and ongoing affordability challenges.
FHFA Finalizes Affordable Housing Objectives for Fannie Mae and Freddie Mac
The FHFA has set new affordable housing targets for Fannie Mae and Freddie Mac from 2025-2027, focusing on low-income borrowers while implementing performance measures.
Homebuilders Offer Increased Buyer Incentives as New Home Sales Rise Post-Election
Post-election, new home sales surged with builders offering incentives and price reductions, reflecting a rebound in consumer confidence and market activity.
Leslie Meaux Pordzik Retires After 36 Years of Transformative Mortgage Finance Leadership
Leslie Meaux Pordzik, a key figure at Ginnie Mae for 13 years, is retiring after 36 years in mortgage finance, leaving behind a legacy of enhanced compliance and innovation.
New Hampshire’s Housing Crisis Demands Urgent Collaborative Solutions for Growth
New Hampshire faces a housing crisis driven by rapid population growth and restrictive zoning laws, prompting lawmakers and organizations to advocate for urgent reforms.
Ellington Financial Achieves Success with $243 Million Reverse Mortgage Securitization
Ellington Financial has launched a successful $243 million reverse mortgage securitization through Longbridge, boosting profits and stabilizing dividend coverage.
Real Brokerage Expands with Urban Nest Realty’s 400 Las Vegas Agents
Real Brokerage expands its luxury real estate influence by partnering with Urban Nest Realty, adding 400 agents and enhancing its foothold in Las Vegas.
FHFA Reports Increased Foreclosures Despite Significant Homeowner Assistance Efforts
In Q3 2024, the FHFA helped over 43,000 homeowners avoid foreclosure, but foreclosure initiations surged 27%, highlighting ongoing housing market challenges.
Ginnie Mae Launches HMBS 2.0 to Strengthen Reverse Mortgage Market Liquidity
Ginnie Mae’s fiscal year 2024 report highlights its launch of HMBS 2.0 to boost liquidity in the reverse mortgage market and enhance support for older Americans.
SUCCESS Real Estate Closes Abruptly Amid Allegations of Misappropriated Escrow Funds
SUCCESS Real Estate abruptly closed its Greater Boston offices, with potential ties to escrow fund misappropriation, leaving agents and clients in turmoil.
Ginnie Mae Achieves Major Portfolio Growth and Delivers Billions to Government Revenue
Ginnie Mae’s FY24 report reveals a $423.4 billion MBS issuance, aiding 1.2 million households and contributing $1.3 billion to government revenue.
Oyssey Launches to Revolutionize Real Estate Insights Beyond Zillow’s Traditional Listings
Oyssey launches as a new real estate platform, offering rich neighborhood insights and personalized buyer-broker agreements to challenge Zillow’s dominance.
Mortgage Rates Likely to Hold Steady Despite Expected Federal Rate Reduction
As the Fed hints at rate cuts, mortgage rates near 7% are expected to remain stable, impacting housing market dynamics despite rising consumer confidence.
New Home Purchase Applications Rise Year-Over-Year Despite October Decline
Mortgage applications for new homes rose 7.2% year-over-year in November but dropped 12% from October, as first-time buyers increasingly favor new construction.
Andrew Bon Salle Joins Mr. Cooper Group Board to Transform Homeownership Experience
Andrew Bon Salle joins Mr. Cooper Group’s board, bringing 30 years of mortgage expertise to support the company’s growth and homeownership initiatives.