Industry Briefs July 6, 2021

The Federal Housing Finance Agency issued a Policy Statement on Fair Lending. The Policy Statement communicates FHFA’s commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac and the Federal Home Loan Banks and provides a foundation for building out FHFA’s fair lending program.

Industry Briefs June 25, 2021

Lodasoft, Livonia, Mich., integrated with the Optimal Blue PPE engine through Black Knight, Jacksonville, Fla. The integration enables mortgage lenders to deliver Optimal Blue PPE pricing workflows into Lodasoft’s platform

Homebuying Demand Lets Up a Bit as Prices Soar

Fierce competition continues to drive home prices up, but home tours, offers and pending sales have slowed, according to a new report from Redfin, Seattle.

Industry Briefs June 18, 2021

Fannie Mae, Washington, D.C., said economic growth expectations for full-year 2021 were revised modestly upward to 7.1 percent, one-tenth higher than the previous forecast, due to stronger-than-expected consumer spending data year to date.

Redfin: 7 in 10 Buyers Still Face Bidding Wars

Redfin, Seattle, said 70.4% of home offers written by Redfin agents faced competition in May, down from 73.6% in April, but still up significantly from 52.7% a year ago.

Industry Briefs June 15, 2021

The Federal Housing Finance Agency issued a Request for Input on executive compensation at its regulated entities: Fannie Mae and Freddie Mac and the Federal Home Loan Banks.

Redfin: Relief from Red-Hot Market May Be on Way

Redfin, Seattle, said asking prices leveled off as pending sales–which were rising at this time in 2019–posted a 3% monthly decline. Homes still sold for record prices, at record speeds.

Industry Briefs June 4, 2021

Zillow, Seattle, said Asian-headed households in the U.S. grew by 83% in the past two decades, far exceeding Latinx, Black, and white household growth. But that broad success masks major challenges to homeownership in the highly diverse community.