New York prosecutors wanting to file state mortgage-fraud charges against Paul Manafort say their case is much different from one that sent President Trump’s former campaign chairman to federal
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $1,600 on each loan they originated in the first quarter of 2020, up from a reported gain of $1,182 per loan in the fourth quarter
Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) have launched new websites that provide key resources
Fannie Mae (OTCQB: FNMA) today launched “Here to Help,” an education effort to connect U.S.
The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 8.16% of servicers’ portfolio volume in the prior week to 8.36% as of May 17, 2020. According to
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 3.24 percent.
“For the fourth consecutive week, the 30-year fixed-rate
National Association of Realtors® President Vince Malta issued the following statement after the Federal Housing Finance Agency issued guidance Tuesday regarding credit access for borrowers who are in or have recently exited forbearance.
“NAR applauds the FHFA and Director Calabria for
MISMO®, the mortgage industry’s standards organization, today announced that it has updated the Industry Loan Application Dataset (iLAD), the modernized dataset for exchanging loan application data, to “Candidate Recommendation” status. This means it has been thoroughly reviewed by
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for April 2020.
Building
