MBA Advocacy Update: Court Grants Preliminary Approval of NAR Settlement; CFPB Publishes Supervisory Highlights on Mortgage Servicing; MBA Takes Exception to Misleading Press Release
This week’s top legislative and policy news from the Mortgage Bankers Association.
ATTOM: Profits for Home Sellers Decline Again in Q1
ATTOM, Irvine, Calif., released its 2024 U.S. Home Sales report, showing profit margins on median-priced single-family home and condo sales in the United States decreased to 55.3% in the first quarter.
Fannie Mae: Hot Economy, Inflation Likely to Keep Rates ‘Higher for Longer’
Stronger than expected economic and inflation data have pushed interest rates higher and financial markets to price in fewer Federal Reserve interest rate cuts this year, according to Fannie Mae’s Economic and Strategic Research Group.
