Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index decreased by 1.2 points in May to 65.6 as affordability constraints continue to color consumers’ perceptions of homebuying and home-selling conditions.
Tag: Fannie Mae
Fannie Mae: Perceived Homebuying, Home-Selling Conditions Diverge Further in May
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index decreased by 1.2 points in May to 65.6 as affordability constraints continue to color consumers’ perceptions of homebuying and home-selling conditions.
Industry Briefs Apr. 27, 2023: Realfinity Partners with NFM Lending
Realfinity, Miami, announced a partnership with NFM Lending, a national mortgage lender, bringing together Realfinity’s private-label HomeDashboard platform with NFM Lending’s loan products.
MBA Education/MISMO Webinar May 1: Timeline and Updates for FHFA Credit Scoring Changes
MBA Education and MISMO hold a timely webinar, Timeline and Updates for FHFA Credit Scoring Changes, on Monday, May 1 from 1:30-2:30 p.m. ET.
Housing Market Roundup Apr. 24, 2023
Here is a summary of housing market reports that have come across the MBA NewsLink desk:
Industry Briefs Apr. 21, 2023: AREAL.ai Releases New TRID Collaboration Tool
AREAL.ai, Los Angeles, released the Closing Disclosure Balancer Automation Tool, an AI-powered platform that allows lenders and their title agency partners to compare and balance Closing Disclosures to remain in full compliance with the CFPB’s TRID rules.
FHFA Issues Notice of Proposed Rulemaking on Fair Lending Oversight
The Federal Housing Finance Agency seeks comment on a proposed rule that would formalize many existing practices regarding fair housing and fair lending oversight of Fannie Mae, Freddie Mac and the Federal Home Loan Banks.
March Housing Starts Down 1%; Single-Family Starts, Permits, Completions Up
Housing starts fell by 0.8 percent in March, the Census Bureau and HUD reported Tuesday, although single-family starts, permits and completions all rose amid growing home builder sentiment.
FHFA Announces Process for Implementing New Credit Score Requirements; MBA Encourages Members to Complete Survey
The Federal Housing Finance Agency recently requested stakeholder input as Fannie Mae and Freddie Mac replace the Classic FICO credit score model with the FICO 10T and the VantageScore 4.0 credit score models, and transition from requiring three credit reports to requiring two credit reports for single-family loan acquisitions.
Housing Market Roundup, Apr. 11, 2023
Here is a quick summary of housing market stories that have recently come across the MBA NewsLink desk: