MPA, Feb. 7, 2025-Candyd MendozaMortgage delinquency rates climbed in the fourth quarter of 2024, with government-backed loans, particularly FHA and VA mortgages, showing the steepest increases, according to the Mortgage …
Category: Top National News
Map Shows Where California Homes Are Sliding Into the Ocean
Newsweek, Feb. 7, 2025A growing number of homes in Southern California are now at risk of sliding into the ocean, according to a new study by NASA researchers.Click here for …
Bessent: Ending GSE Conservatorship Hinges on Mortgage Rates
HousingWire, Feb. 7, 2025-James KleimannTreasury Secretary Scott Bessent said the federal government needs to work on the new tax policy before it can take on the issue of Fannie Mae …
State Farm Was All In on California—Until It Pulled the Plug Before the Fires
Wall Street Journal, Feb. 6, 2025-Jean Eaglesham, Susan PulliamThe insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, …
California’s Balcony Law and Fannie Mae Standards Could Push Condo Fees Higher
Orange County Register, February 6, 2025-Jeff LazersonAt the intersection of Fannie Mae and Freddie Mac lending standards and California’s balcony law is a big question: How high will condominium HOA …
How the Agencies are Handling Pending Servicing Policies
National Mortgage News, February 6, 2025-Bonnie SinnockA trio of mortgage officials weighed in on servicing policy matters at an industry conference on Wednesday, addressing concerns raised by recent transitions in …
What Deregulation Could Mean for CRE Bank Lending
Commercial Property Executive, February 5, 2025-Patricia KirkLast week, President Trump issued an executive order to Federal agencies to cut 10 regulations for every new one they institute. This regulation-light approach …
Many Sacramentans Staying in Homes They’ve Grown Out Of to Keep Great Mortgage Rates
Sacramento (Calif.) Bee, Feb. 5, 2025–Theresa Clift and Phillip ReeseLike many Sacramento homeowners, real estate agent Anna Curry and her family are trapped in a low-rate mortgage. Her family is …
Homebuyer Mortgage Demand Drops Further, a Troubling Sign for the Spring Market
CNBC, Feb. 5 2025-Diana Olick Mortgage applications to purchase a home last week fell 4%, compared with the previous week, the mortgage Bankers Association reported. The average contract interest rate …
Real Estate Finance’s January Thaw
Commercial Property Executive, February 3, 2025-Suzann D. SilvermanLast month’s frigid temperatures did not include the usual break this year, but the economic climate for real estate finance did. And hopefully …