Quicken Loans, Detroit, announced it will officially change its name to Rocket Mortgage on July 31. This change will bring alignment to the overall “Rocket” brand.
Tag: Fannie Mae
FHFA Announces GSEs’ Proposed Duty to Serve Underserved Markets Plans for 2022-2024
The Federal Housing Finance Agency published proposed 2022-2024 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac under the Duty to Serve program. The proposed Plans cover the period from January 1, 2022 to December 31, 2024.
Housing Market Roundup: May 20, 2021
Here is a summary of recent housing and housing finance reports.
Supply Issues Hold Back April Housing Starts
Supply constraints continue to prevent a sizzling housing market from turning white-hot, with April housing starts falling by nearly 10 percent, HUD and the Census Bureau reported Tuesday.
Dealmaker: Greystone Closes $142M in Freddie Mac, Fannie Mae Loans
Greystone, New York, closed $142 million in Freddie Mac and Fannie Mae loans for multifamily assets in North Carolina and Maryland.
Industry Briefs May 13, 2021
DiversityInc announced its annual list of the Top 50 Companies for Diversity, which serves as a benchmark of how the largest employers in U.S. are doing when it comes to hiring.
#MBANAC21: Senators Outline Housing Priorities
Three members of the Senate Banking Committee visited the Mortgage Bankers Association’s National Advocacy Conference to talk about renewed interest in housing priorities in the 117th Congress.
April Jobs Numbers Come in Well Below Consensus
In the days ahead of last Friday’s employment report from the Bureau of Labor Statistics, prognosticators went big, with consensus anticipating nearly one million new April jobs and even one economist confidently predicting 2.1 million new jobs. Alas, nearly everyone was wrong.
Industry Briefs May 7, 2021
Freddie Mac, McLean, Va., and Fannie Mae announced new refinancing options aimed at helping lower-income homeowners.
FHFA Publishes Final Rule on GSE ‘Living Wills’
The Federal Housing Finance Agency on Monday published a final rule that requires Fannie Mae and Freddie Mac to develop credible resolution plans, also known as “living wills.”