FHFA Announces GSE ‘Duty to Serve’ 2021 Market Plans

The Federal Housing Finance Agency on Jan. 6 published the 2021 Underserved Markets Plans for Fannie Mae and Freddie Mac under the Duty to Serve program. The Plans became effective Jan. 1.

MBA: Share of Mortgage Loans in 2-Month Holding Pattern

The Mortgage Bankers Association’s Forbearance and Call Volume Survey showed little change over the holiday season–and in fact, has shown little change over the past two months.

MBA: Share of Mortgage Loans in 2-Month Holding Pattern

The Mortgage Bankers Association’s Forbearance and Call Volume Survey showed little change over the holiday season–and in fact, has shown little change over the past two months.

November New Home Sales Down 11%

Sales of new single-family houses in November fell to a seasonally adjusted annual rate of 841,000, the Census Bureau and HUD reported yesterday. This is 11 percent below the revised October rate of 945,000, but is 20.8 percent higher than a year ago (696,000).

MBA: Share of Mortgages in Forbearance Ticks Up

The Mortgage Bankers Association’s latest Forbearance & Call Center Survey reported loans in forbearance increased slightly to 5.49% of servicers’ portfolio volume as of December 13 from 5.49% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.

MBA: Share of Mortgages in Forbearance Ticks Up

The Mortgage Bankers Association’s latest Forbearance & Call Center Survey reported loans in forbearance increased slightly to 5.49% of servicers’ portfolio volume as of December 13 from 5.49% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.