The Federal Housing Finance Board is reportedly back in action after a long hiatus, leading to speculation that the Trump administration could be working on taking its next steps forward in contemplating government-sponsored enterprise reform. The heads of Fannie Mae and Freddie Mac’s conservator and regulator, Securities and Exchange Commission, Department of Housing and Urban […]
GSE overhaul talk revives as key players meet Read More »
The American Bankers Association voiced its concerns over a proposed Consumer Financial Protection Bureau final rule to eliminate a pandemic-era policy affecting loss-mitigation procedures that brought flexibility to servicers. While stating its support to the easing of some regulations proposed since the beginning of the second Trump term, the ABA urged the bureau to retain
CFPB servicing rule change raises alarm for bankers Read More »
Not only does the full panel of economists surveyed by Wolters Kluwer feel the Federal Open Market Committee will not cut short-term rates at its meeting today and tomorrow, less than 10% expect it to act in July. The Blue Chip Economic Indicators report also soundly discounts Pres. Trump’s call for the Fed Funds Rate
No Fed rate cut until September at earliest, economists say Read More »
Confidence among US homebuilders fell to the lowest level since December 2022 in June, with potential buyers deterred by high mortgage rates and anxiety about tariffs and the economy. A gauge of market conditions from the National Association of Home Builders and Wells Fargo slipped 2 points to 32 this month. Economists expected 36 in
US homebuilder sentiment drops to lowest level since end of 2022 Read More »
Housing permits fell in April, according to the National Association of Home Builders. This marks the fourth month in a row of depressed housing permits, a sign that builders continue to pull back on construction amid an anemic housing market. Nationwide permits to build single-family homes were down 4.7% through April compared to the same
Builders scale back as costs, supply rise Read More »
AGENTS: Did you know you can share a personalized version of this post? Learn more! Infographics Some Highlights There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make
What You Really Need To Know About Down Payments Read More »
The Mortgage Bankers Association has begun to study the feasibility of reducing the government-related mortgage market’s traditional three credit-report pull to a single one, putting a new twist on an old proposal. President and CEO Bob Broeksmit said in a recent blog that the move could fit in with an industry regulator’s interest in promoting
Mortgage group eyes end of tri-merge reports Read More »
The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are
How to think about home prices for the rest of 2025 Read More »
HomeServices of America has announced the addition of another new executive to its roster. On Monday, the firm announced the appointment of Renee Gonzales as its new vice president of core services integrations. In this newly created role, Gonzales will focus on accelerating the business growth and operational alignment across HomeServices’ national network of companies.
HomeServices of America welcomes yet another new executive Read More »
Massachusetts homebuyers will soon be protected from being pressured into waiving home inspections under new regulation. The policy, put forth by the state’s Executive Office of Housing and Livable Communities (EOHLC), prohibits sellers and their agents from requiring or encouraging buyers to waive a home inspection as a condition of purchasing real estate. It also
Massachusetts set to bar home sellers from requiring inspection waivers Read More »