The MBA Opens Doors Foundation (Opens Doors) today announced that it has helped more than 5,000 families with mortgage and rental assistance since the launch of the Foundation’s Home Grant Program in 2012. Opens Doors provides mortgage and rental assistance
To support small and community banks, the Federal Housing Finance Agency announced that Federal Home Loan Banks (FHLBanks) can accept Paycheck Protection Program (PPP) loans as collateral when making loans, called advances, to their members.
FHLBanks
U.S. house prices rose in February, up 0.7 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.7 percent from February 2019 to February 2020. The previously reported 0.3 percent increase for January
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,470 on each loan they originated in 2019, up from $367 per loan in 2018, the Mortgage Bankers Association (MBA) reported today in its Annual Mortgage
The Consumer Financial
Today, the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) announced the Borrower Protection Program (the Program), a new joint initiative that enables CFPB and FHFA to share servicing information to
WASHINGTON (April 10, 2020) – National Association of Realtors® President Vince Malta issued the following statement Friday after the IRS extended various federal tax deadlines, offering critical relief to NAR’s members and their clients.
“During recent weeks, NAR strongly advocated for
The Enterprises’ Foreclosure Prevention Actions:
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 3.33 percent, unchanged from last week.
“While mortgage rates remained
