National Mortgage Professional, April 29, 2024-Katie JensenThe Federal Housing Finance Agency (FHFA) released its National Mortgage Database (NMDB) as is required by the Housing and Economic Recovery Act of 2008 …
Category: Top National News
Retail Losses Lead February Decline in Reverse Mortgage Volume
HousingWire, April 16, 2024-Chris ClowReverse mortgage volume dropped in February compared to the month prior, and new data compiled by Reverse Market Insight (RMI) shows that the primary culprit for …
Survey: Half of Americans Struggling With Housing Payments
Fox59, April 17, 2024-Zach Myers If you’re feeling stressed about your budget and monthly housing payments, you’re not alone, according to a new survey.Click here for more
FHFA Annual Report Highlights GSE Actions on Affordable Housing
HousingWire, April 18, 2024-Chris ClowThe Federal Housing Finance Agency (FHFA) this week released its annual Housing Mission Report, offering insights into the actions the agency took in 2023 on a …
This Could Be the Year the Home-Improvement Boom Fizzles Out. Here’s Why.
The Wall Street Journal, April 18, 2024-Ryan DezemberA widely cited barometer of the remodeling market is pointing to the first annual decline in home-improvement spending since the housing bust of …
House Hacking Helps Some Buyers Overcome Financial Challenges
The Washington Post, April 22, 2024-Michele LernerLike many first-time home buyers, fiancés Veronica Yam and Dexter Chan were frustrated after nearly two years of looking for a home. As home …
FundingShield: Q1 Wire, Title Fraud Risk Remains High
FundingShield, Newport Beach, Calif., reported that wire and title fraud risk dropped somewhat from record-breaking levels hit in the fourth quarter of 2023, but 48% of loans processed in the quarter still exhibit at least one risk factor.
Homebuyers Get a Steep Discount With Cash Offers
Axios San Diego, April 9, 2024-Kate MurphyHomebuyers who pay cash for a property can spend 10% less on average than those who take out a mortgage, new research from UC …
Real Estate Investors Stung by Rising Insurance Costs
MPA, April 10, 2024-Candyd MendozaReal estate investors are grappling with a major challenge: skyrocketing insurance costs and the unavailability of coverage, according to the Spring 2024 Investor Sentiment Survey from …
Refi Business With Primary MI Jumps in First Quarter
Inside Mortgage Finance, April 11, 2024–Namrata BhatiaThe share of refis with MI coverage in the agency MBS market grew from 10.3% in the fourth quarter of 2023 to 14.6% in …