Mortgage Rates Dip Again

The 30-year fixed-rate mortgage dipped again last week to a 2.77 percent average with an average 0.6 point, reported Freddie Mac, McLean, Va.

Mortgage Rates Dip Again

The 30-year fixed-rate mortgage dipped again last week to a 2.77 percent average with an average 0.6 point, reported Freddie Mac, McLean, Va.

MBA: GSE Compensation Should be Sufficient to Attract Best Talent

The most important asset Fannie Mae, Freddie Mac and the Federal Home Loan Banks have is their human capital, so their compensation must be sufficient to attract and retain top talent, the Mortgage Bankers Association said in a letter to the Federal Housing Finance Agency Tuesday.

Multifamily Nearing Pre-Pandemic Trends

Demand for multifamily housing now exceeds pre-pandemic levels, and Freddie Mac Multifamily projects rising rents, falling vacancies and a record-setting origination market in 2021.

MBA MAA ‘Call to Action’ on GSE ‘G-Fees’

The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a ‘Call to Action’ on Monday to its 70,000-plus members urging them to tell their elected officials to not use government-sponsored enterprise guaranty fees (g-fees) as a source of funding offsets.

MBA, Trade Groups Reiterate Opposition to G-Fee Offsets

Fresh off of last week’s regulatory victory in which the Federal Housing Finance Agency withdrew its controversial adverse market refinance fee, the Mortgage Bankers Association and several dozen industry trade groups took fresh aim at another controversial practice—a move in Congress to use the government-sponsored enterprises’ guaranty fees—known as “g-fees”—to offset funding for non-housing programs.

MBA, Trade Groups Reiterate Opposition to G-Fee Offsets

Fresh off of last week’s regulatory victory in which the Federal Housing Finance Agency withdrew its controversial adverse market refinance fee, the Mortgage Bankers Association and several dozen industry trade groups took fresh aim at another controversial practice—a move in Congress to use the government-sponsored enterprises’ guaranty fees—known as “g-fees”—to offset funding for non-housing programs.

Industry Briefs July 13, 2021

FormFree, Athens, Ga., partnered with ICE Mortgage Technology, part of Intercontinental Exchange Inc., a provider of data, technology and market infrastructure, to make its AccountChek 3n1 asset, income and employment verification service available in the Encompass cloud-based loan origination platform