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Results 1 - 10 of 374 |
Posted Date: Monday, March 6, 2023
Freddie Mac announced the appointment of a new lead for its single-family acquisitions division.
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Posted Date: Tuesday, February 14, 2023
The Biden Administration released its fall 2022 regulatory agenda outlining the regulations that have seen some advancement through the rule-making process. In it are a significant number of mortgage- and lending-related regulations intended to aid borrowers, increase efficiencies, and increase cybersecurity protections, which are expected to see finalized rules this year.
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Posted Date: Tuesday, February 7, 2023
The Federal Housing Finance Agency announced updates to Fannie Mae’s and Freddie Mac’s loan level price adjustment matrices which are intended to help borrowers with lower interest rates afford the cost of larger loans. To offset this, previous discounts for borrowers with higher credit scores have been decreased, causing disapproval from mortgage professionals and industry groups.
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Posted Date: Tuesday, January 31, 2023
The Biden-Harris Administration announced new actions intended to “increase fairness in the rental market and further principles of fair housing.” These actions are part of the new “Blueprint for a Renters Bill of Rights” which was unveiled concurrent with the announcement of the administration’s latest actions.
The Blueprint established a set of principles to drive action by the federal, state and local governments, as well as the private sector, to strengthen tenant protections and encourage rental affordability.
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Posted Date: Friday, January 20, 2023
Fannie Mae announced its selection of five organizations to receive “deliverable-based contracts” as part of the Sustainable Communities Innovations Challenge, a nationwide competition to help advance racial equity in housing.
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Posted Date: Friday, January 13, 2023
The U.S. Supreme Court turned away four appeals from shareholders of Fannie Mae and Freddie Mac who claimed they were entitled to compensation after the U.S. Treasury Department collected more than $100 billion in profits from the two government-sponsored enterprises.
The rejection follows the 2021 Collins v. Yellen decision which denied other legal arguments attempting to invalidate the profit sweep.
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Posted Date: Tuesday, January 10, 2023
Following the Federal Housing Finance Agency’s update to the baseline conforming loan limit in high-cost areas to over $1 million, more than 2 million homes no longer require a jumbo mortgage, according to new analysis by Zillow Home Loans.
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Posted Date: Monday, January 2, 2023
Fannie Mae announced changes to its automated underwriting system designed to provide new benefits to borrowers with no credit score.
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Posted Date: Friday, December 16, 2022
American’s sentiment toward the housing market increased slightly in November, according to Fannie Mae’s Home Purchase Sentiment Index, marking the first increase in nine months and edging just above the all-time low in October.
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Posted Date: Tuesday, December 6, 2022
The National Association of Minority Mortgage Bankers of America hosted its annual Connect conference in Orlando, Fla. The conference saw industry professionals come together to meet and hear from industry leaders and regulators about the state of the industry and how to prepare for the future.
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