March Mortgage Credit Availability Edges Down
Mortgage credit availability fell slightly in March, the Mortgage Bankers Association reported Thursday.
CONVERGENCE Memphis Launches New Nonprofit Organization
The Mortgage Bankers Association announced CONVERGENCE Memphis launched CONVERGENCE Memphis Inc., a 501(c)(3) organization created to strengthen ties within the local Memphis community and advance its mission of promoting affordable housing and increasing Black homeownership.
FHFA Suspends Foreclosure for Borrowers Applying for Relief through Homeowner Assistance Fund
The Federal Housing Finance Agency on Wednesday said Fannie Mae and Freddie Mac will require servicers to suspend foreclosure activities for up to 60 days if the servicer has been notified that a borrower has applied for assistance under the Department of the Treasury’s Homeowner Assistance Fund.
Home Affordability Gets Tougher as Prices, Rates Surge
ATTOM, Irvine, Calif., said median-priced single-family homes were less affordable in the first quarter compared to historical averages in 79 percent of counties across the nation.
TransUnion: More than 45 Million Americans Credit Unserved or Underserved
More than 45 million consumers are considered to be either credit unserved or underserved in the United States, according to a new global TransUnion stud