Industry Briefs, Feb. 2, 2024

Industry news from Freddie Mac, Fannie Mae, BlackFin, Snapdocs, LenderLogix and Floify.

FHFA Releases Non-Performing Loan Sales Data

Fannie Mae and Freddie Mac sold 163,297 non-performing loans with a total unpaid principal balance of $30.0 billion from program inception in 2014 through June 30, 2023, the Federal Housing Finance Agency reported.

FHFA: More Than 6.8M Troubled Homeowners Helped During Conservatorships

The Federal Housing Finance Agency reported Fannie Mae and Freddie Mac completed 43,356 foreclosure prevention actions during the third quarter, raising the total number of homeowners who have been helped to 6.86 million since the start of conservatorships in 2008.

Fannie Mae Survey: Experts See Home Prices Rising 2.4% in 2024

Fannie Mae’s quarterly Home Price Expectations Survey, produced in partnership with Pulsenomics, found experts anticipate home price growth to end up at 5.9% for 2023, with 2.4% predicted in 2024 and 2.7% in 2025.

New Home Sales Dip From September

New single‐family home sales fell 5.6% in October to a seasonally adjusted annual rate of 679,000, the Census Bureau reported Monday.