MBA Advocacy Update: FHFA Gives Conditional Approval of Freddie Mac’s Proposal to Purchase Single-Family Closed-End Second Mortgages
This week’s top legislative and policy news from the Mortgage Bankers Association.
Chart of the Week: Annual Cost of Servicing Performing and Non-Performing Loans
Based on the most recent completed study cycle, fully-loaded servicing costs remained flat relative to the previous year at an average of $237 per loan. But that only tells part of the story.
CoreLogic: U.S. Single-Family Rents Grew 3% in April
Single-family rents nationwide grew 3% year-over-year in April, CoreLogic, Irvine, Calif., reported, consistent with growth recorded over the past year.
