To Expand Housing Counseling Services, HUD Taps Zillow

HousingWire, Sept. 17, 2024-Chris ClowThe federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans.Click here for more (subscription)

30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut

The New York Times, Sept. 19, 2024-Danielle KayeMortgage rates dropped again this week, extending a monthslong decline fueled by expectations of a cut in interest rates by the Federal Reserve, …

Don’t Expect 3% Mortgage Rates, Even With Fed Cuts

The Wall Street Journal, Sept. 18, 2024-Gina Heeb and Nicole FriedmanThe era of ultralow mortgage rates in the U.S. is unlikely to return anytime soon, even as the Fed cuts …

Higher Wire Fraud Insurance Coverage a Sign of the Times

National Mortgage News, Sept. 19, 2024-Brad FinkelsteinCertifid has doubled the amount of insurance coverage provided against wire fraud for each transfer the company verifies, as the funds moved for both …

Will FHFA IG’s Report Lead to a Flood Insurance Crackdown?

National Mortgage News, September 20, 2024–Bonnie SinnockThe regulator and conservator for Fannie Mae and Freddie Mac has agreed to beef up flood insurance examination measures at the recommendation of its …