Berkadia Institutional Solutions sold Hardy Springs, a 149-unit single-story 55-plus apartment community in suburban Atlanta.
Tag: Fannie Mae
October Housing Starts Down 4.2%
Housing starts fell in October—the third straight monthly decline—but generally beat analysts’ expectations, HUD and the Census Bureau reported Thursday.
Sharon Reichhardt of ACES Quality Management: Changes to Fannie Mae’s Pre-Funding QC Requirements are on the Horizon. Are You Ready?
At the recent Mortgage Bankers Risk Management, Quality Assurance and Fraud Prevention conference, Fannie Mae hinted at forthcoming changes to its pre-funding quality control requirements. While specifics regarding the changes remain to be seen, the teaser serves as a warning for lenders to shore up their current pre-funding QC program to ensure they are ready to meet the new standards.
September New Home Sales Down 11%
New home sales fell by nearly 11 percent in September, HUD and the Census Bureau reported Wednesday, as rising interest rates discouraged home buyers.
Sharon Reichhardt of ACES Quality Management: Changes to Fannie Mae’s Pre-Funding QC Requirements are on the Horizon. Are You Ready?
At the recent Mortgage Bankers Risk Management, Quality Assurance and Fraud Prevention conference, Fannie Mae hinted at forthcoming changes to its pre-funding quality control requirements. While specifics regarding the changes remain to be seen, the teaser serves as a warning for lenders to shore up their current pre-funding QC program to ensure they are ready to meet the new standards.
MBA Opens Doors Foundation Raises Nearly $184,000 During September Fundraisers
The MBA Opens Doors Foundation raised nearly $184,000 at two successful September fundraisers.
September Housing Starts Down 8%
September housing starts took back the temporary momentum it gained in August, falling by more than 8 percent, HUD and the Census Bureau reported Wednesday.
Housing Market Roundup Oct. 20, 2022
Here’s a summary of housing market reports that came across the MBA NewsLink desk this week:
Industry Briefs Oct. 20, 2022: Equifax Delivers Telecomm, Utility Data in Mortgage Credit Reports
Equifax, Atlanta, said it will provide telecommunications (telco), pay TV and utilities attributes to the mortgage industry to help streamline the mortgage underwriting process and support loans within the secondary mortgage market.
MBA Urges FHFA to Embrace Standards-Based Technology Approaches to Fintech
The Mortgage Bankers Association, in a letter last week to the Federal Housing Finance Agency, said the Agency should not inadvertently hinder innovation through choices made by its regulated entities.