FHFA Targets Increases to GSE Pricing Framework; Upfront Loan-Level Pricing Adjustments Take Effect Apr. 1
The Federal Housing Finance Agency on Wednesday announced targeted increases to Fannie Mae and Freddie Mac’s upfront fees for certain high-balance loans and second-home loans, effective Apr. 1.
In the second of four key employment reports this week, ADP, Roseland, N.J., reported private-sector employment increased by 807,000 jobs from November to December.
Owning a median-priced home is more affordable than the average rent on a three-bedroom property in 58 percent of U.S. counties, reported ATTOM, Irvine, Calif.
Mortgage applications showed life ahead of the holidays but faded strongly during the holiday week, the Mortgage Bankers Association reported in its Weekly Mortgage Applications Survey for the weeks ending Dec 24 and Dec. 31.
The Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2022 takes place Feb. 22-25 at the Hyatt Regency Orlando.