Redfin, Seattle, said the typical American homeowner has spent 13 years in their home, up from eight years in 2010. Median home tenure increased in all 55 metros Redfin analyzed, leading to decreased inventory available for first-time home buyers in many places.
Tag: Freddie Mac
FHFA Issues RFI on Fannie Mae, Freddie Mac UMBS Pooling Practices
The Federal Housing Finance Agency yesterday issued a Request for Input about Fannie Mae’s and Freddie Mac’s pooling practices for the formation of “To-Be-Announced”-eligible Uniform Mortgage-Backed Securities.
MBA Advocacy Update
This past Tuesday, the House Financial Services Committee held a hearing, The End of Affordable Housing? A Review of the Trump Administration’s Plans to Change Housing Finance in America, with testimony provided by Treasury Secretary Steven Mnuchin, HUD Secretary Ben Carson and FHFA Director Mark Calabria.
MBA Advocacy Update
This past Tuesday, the House Financial Services Committee held a hearing, The End of Affordable Housing? A Review of the Trump Administration’s Plans to Change Housing Finance in America, with testimony provided by Treasury Secretary Steven Mnuchin, HUD Secretary Ben Carson and FHFA Director Mark Calabria.
GSEs Publish Updated Redesigned URLA, Supporting Documents
Fannie Mae and Freddie Mac yesterday published static components of their updated redesigned Uniform Residential Loan Application.