Category: News and Trends

The Federal Housing Finance Agency will allow Fannie Mae and Freddie Mac limited re-entry into the Low-Income Housing Tax Credit market as equity investors effective immediately, the agency said.

The Federal Housing Finance Agency will allow Fannie Mae and Freddie Mac limited re-entry into the Low-Income Housing Tax Credit market as equity investors effective immediately, the agency said.

The House, by voice vote yesterday, passed H.R. 2148, the Clarifying Commercial Real Estate Loans Act, which had strong support from the Mortgage Bankers Association.

Even as the House Ways and Means Committee approved a House Republican-led measure to rewrite the nation’s tax code, the Mortgage Bankers Association and a coalition of industry trade groups appealed to Senate leadership to ensure that a key provision–the ability for businesses to maintain full interest deductibility–remain intact in the Senate version.

For homeowners, rising home prices means more home equity. For prospective home buyers, it means finding ways to save more money just to make a down payment.

The Lenders One Cooperative, St. Louis, said an annual poll of its membership shows information security and data protection have become a central concern.

Commercial property market supply and demand fundamentals remained relatively stable in the second quarter, reported Moody’s Investors Service, New York.

House Republicans on Thursday released deals of the largest tax bill since 1986 that reduces the mortgage interest deduction and cuts corporate tax rates.

The Mortgage Bankers Association, in a letter yesterday to the House Ways and Means Committee, expressed concerns that key provisions of tax reform legislation could substantially affect the ability of homeowners and the overall economy to benefit.

The Mortgage Bankers Association and nearly two dozen industry trade groups sent a letter to the House, urging members to support legislation that would allowing title insurance companies to disclose available discounts and accurate title insurance premiums to consumers.