On Wednesday, the Federal Housing Finance Agency announced that it is rescinding the debt-to-income-based loan-level pricing adjustment that was part of the updates to Fannie Mae’s and Freddie Mac’s pricing grids announced in January.
CHICAGO--Real estate has always been a cyclical industry, so we can learn a lot from past downturns, panelists noted here at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
This week’s chart shows that mortgage delinquencies and the unemployment rate continue to track each other closely.
Greystone, New York, provided a $32,173,000 Fannie Mae Delegated Underwriting & Servicing loan for The Villas at Foxbrick, a 412-unit multifamily property in Humble, Texas.
Good morning and happy Monday! There’s a sense of urgency in mid-May: lots of housing reports this week; Congress trying to resolve major issues before the Memorial Day holiday; and a big MBA conference coming up. Let’s get to it:
Mortgage delinquency rates fell to near-historic lows in the first quarter, the Mortgage Bankers Association reported Thursday.
mba.org has been chosen as one of three finalists for the 2023 Sitefinity Website of the Year Awards. MBA members can vote to ensure mba.org is the winner.