National Mortgage Professional, June 29, 2025-Lew SichelmanSomething on the order of one in every 11 homeowners with a mortgage experience what the experts term a “labor market shock” each and …
Category: Top National News
Fannie Mae, Freddie Mac Ordered to Consider Crypto as an Asset When Buying Mortgages
Associated Press, June 26, 2025-Alex VeigaThe head of the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider accepting a homebuyer’s cryptocurrency holdings …
Fannie Mae’s New AI-Powered Crime Detection Unit: The Pulte/Palantir Project
HousingWire, June 27, 2025-Bob SimpsonFannie Mae has launched an AI-powered Crime Detection Unit in partnership with Palantir Technologies to achieve what FHFA/Fannie/Freddie chief Bill Pulte has called “something big on …
More Homeowners Find Themselves Underwater
Wall Street Journal, June 24, 2025-Veronica DagherHomeowners who bought around the peak of the market are increasingly finding they owe more on their mortgages than their properties are worth.Click here for …
MBA Urges Shift to Single Credit Report Model, Citing Cost Savings and Efficiency
National Mortgage Professional, June 16, 2025The Mortgage Bankers Association is renewing its push to replace the outdated tri-merge credit report requirement for GSE and government loans with a more streamlined …
CFPB Servicing Rule Change Raises Alarm for Bankers
National Mortgage News, June 17, 2025-Spencer LeeThe American Bankers Association voiced its concerns over a proposed Consumer Financial Protection Bureau final rule to eliminate a pandemic-era policy affecting loss-mitigation procedures …
U.S. Basel III Delay to 2026 Seen as Almost Inevitable
Risk.net, June 18, 2025-Janice KirkelFormer regulators doubt the three U.S. prudential agencies will be able to release fresh proposals implementing internationally agreed bank capital reforms this year.Click here for more (subscription …
Banking Giants See Surge in Loan Modifications
National Mortgage News, June 23, 2025-Spencer LeeMortgage modifications surged in the first quarter at the nation’s largest banks, reversing a yearlong decline, while foreclosure activity also saw a marked uptick, …
Investor Home Sales Hit Record High as Small Buyers Gain Ground
HousingWire, June 11, 2025-Jonathan DelozierInvestor home sales reached a record high in 2024, with 10.8% of all homes sold belonging to real estate investors — the highest share recorded since …
Interest-Only HELOC Introduced by Reverse Mortgage Lender
Home Equity Lending News, June 11, 2025As many traditional home lenders avoid home-equity lending, an interest-only home-equity line of credit has been launched by a provider of reverse mortgages. The …