Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 8, 2020.
The Market Composite Index, a measure of mortgage loan application volume, increased
To ensure homeowners and renters have the most up to date and accurate housing assistance information during the COVID-19 national emergency, today the Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA), and the Department of Housing and Urban
WASHINGTON – The U.S. Department of Housing and Urban Development Secretary Ben Carson today announced the allocation of a
THE EMPLOYMENT SITUATION -- APRIL 2020
Total nonfarm payroll employment fell by 20.5 million in April,
Freddie Mac’s Single-Family business today announced that its Credit Risk Transfer (CRT) transactions transferred $5.1 billion of credit risk on $140.7 billion of single-family mortgages from U.S. taxpayers to the private sector
After falling 11.7 points last month, the Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased an additional 17.8 points in April to 63.0, its
Fannie Mae (OTCQB: FNMA) announced it has introduced a Renters Resource Finder to help renters facing financial hardship due to COVID-19 understand the options available to them. The Renters Resource Finder is an online tool that
The Federal Housing Finance Agency (FHFA) extended several loan origination flexibilities currently offered by Fannie Mae and Freddie Mac (The Enterprises) designed to help borrowers during the COVID-19 national emergency. Those flexibilities are extended until at
The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 6.99% of servicers’ portfolio volume in the prior week to 7.54% as of April 26, 2020. According to
Washington, D.C. – To combat ongoing misinformation, the Federal Housing Finance Agency (FHFA) reiterated that borrowers in forbearance with a Fannie Mae or Freddie Mac (the Enterprises)-backed mortgage are not required to repay the missed payments
