Natural Disaster Threats Are Now Front and Center for Homebuyers
Three in four recent homebuyers report that concern over the threat of natural disasters impacts their housing decisions, according to new Realtor.com® survey In recognition of September's National Preparedness Month, Realtor.com® announces donation to
The Fed Talks Tapering
The markets were braced for last week’s meeting of the Federal Reserve Board’s Open Market Committee. The issue at hand was tapering. The Fed has been purchasing $120 billion in bonds and mortgages per
Oregon Man Given Prison Time for Bank Fraud
Alireza Zamanizadeh, aka Ali Zamani, 63, Portland, Oregon pleaded guilty today for perpetrating a bank fraud scheme whereby he used a residential property he did not own as collateral for obtaining a bank loan worth
Fannie Mae Extends Multifamily Protections for Renters Indefinitely
Multifamily Borrowers Remain Eligible for COVID-19-related Forbearance Fannie Mae (OTCQB: FNMA) today announced its multifamily COVID-19 forbearance program has been extended indefinitely to provide continued support for Fannie Mae-financed multifamily property owners and renters in multifamily
Homeowners Gained $2.9 Trillion in Equity in Q2 2021, CoreLogic Reports
Negative equity share fell to 2.3% in Q2 2021, the lowest share in at least 12 years Compared to the previous quarter, 163,000 residential properties regained equity in Q2 2021 CoreLogic, a leading global
Increased Annual LIHTC Cap Builds on Fannie Mae’s Mission to Support Underserved Markets
Senior and disabled residents in Narragansett, RI, will soon get housing with supportive services, while in Greensboro, NC, disabled and homeless residents will have housing tailored for their needs. In Clarkson, NY, senior residents
Mortgage Rates Show Little Change
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.88 percent. “The slowdown in economic growth around the world has caused a flight
Alabama Chick-fil-A Employee Sentenced for Stealing Funds
A former Chick-fil-A employee pleaded guilty today to participating in a conspiracy to defraud his former employer and committing bank fraud, announced U.S. Attorney Prim F. Escalona and U.S. Secret Service Special Agent in
Black Knight: With Moratoria Lifted, Foreclosure Starts Edge Higher, But Still 80% Below Pre-Pandemic Levels; Delinquency Rate Falls to 4% For First Time Since Early 2020
- The national delinquency rate on first lien mortgages fell to 4.00% in August, the lowest it's been since pandemic-related impacts caused mortgage delinquencies to spike in early 2020 - Serious delinquencies -- including
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 17, 2021. The previous week's results included