The Federal Housing Finance Agency issued a final rule Thursday establishing new affordable housing goals for the loan purchases of Fannie Mae and Freddie Mac over the next three years.
Category: News and Trends
Zillow: Narrow Growth Anticipated in 2025
Zillow, Seattle, predicts only about 100,000 more home sales in 2025, with home value growth at 2.2% over the course of the year.
Existing-Home Sales Grow 4.8% in November
Existing-home sales grew in November, the National Association of Realtors reported Thursday.
Home Affordability Worsens in Q4, ATTOM Finds
ATTOM, Irvine, Calif., released its fourth-quarter 2024 U.S. Home Affordability Report, finding that median-priced single-family homes and condos are less affordable in Q4 compared with historical averages in 98% of counties analyzed.
MBA Creates Member Guide Ahead of Government Shutdown Possibility on Saturday
As of this writing, the federal government is on the brink of a shutdown with a deadline of 11:59 p.m. ET Friday. MBA remains directly engaged with lawmakers in both chambers of Congress – and affected regulators – and has created a member guide that outlines potential impacts to single-family and multifamily government lending programs.
People in the News, Dec. 23, 2024
Industry personnel news from Outamation, Planet Home Lending, Click n’ Close and Constructive Capital.
Quote of the Day
“Homebuyer affordability conditions declined slightly in November as elevated mortgage rates and rising home prices impacted prospective buyers’ purchasing power.”
–Edward Seiler, MBA’s Associate Vice President of Housing Economics
Independent Servicing Matters in Residential Transition Loans–Patrick Couture from Planet Loan Servicing
In the world of Residential Transition Loans (RTLs), where short-term, high-risk loans are used to finance “fix-and-flip” projects, effective servicing can enhance investors’ returns.
MBA Technology Resource Center
MBA has the resources you need to innovate and move your business ahead through industry technology. Click here to learn more about our offerings.
MBA Relaunches State Legislative Tracking Tool for Members
MBA’s State Government Affairs program announced the return of its comprehensive database of state legislation, available to staff at member companies and current state association partners.