FHFA Announces ‘Comprehensive Review’ of FHLB System
The Federal Housing Finance Agency on Wednesday announced it will conduct a comprehensive review of the Federal Home Loan Bank System beginning this fall.
Redfin: Drought-Affected Areas Seeing Growth
An estimated $17 trillion worth of homes—nearly 25 million properties—experienced intense drought in August, up 42% from a year earlier. It’s not stopping property-hungry borrowers, according to Redfin, Seattle.
S&P: Pension Funds Increase Real Estate Exposure
S&P Global Market Intelligence, New York, reported U.S. public pension funds are increasing their allocations to real estate as a hedge against volatile market conditions.
MISMO Releases Bids Wanted in Competition (BWIC) Template for Public Comment
MISMO®, the real estate finance industry standards organization, seeks public comment on a standardized template to facilitate the bidding process for mortgage-backed securities between mortgage originators and dealers for Bids Wanted in Competition (BWIC).
MISMO Fall Summit: Ginnie Mae Puts Foot on Pedal
WASHINGTON, D.C.—Ginnie Mae President Alanna McCargo will be the first to tell you that “speed” and “innovation” rarely appear in the same sentence with “federal agencies.” But she’d also be the first to tell you that it is possible.