Regulators order mortgage giants to eliminate upfront fees on many purchase loans in order to help first-time homebuyers of limited means, the Federal Housing Finance…
Posts published in “Sandra Thompson”
The 49-46 party-line vote followed a Republican leader’s call to hold a referendum on the Biden administration’s “radical housing policy.” Source: Inman News
Mortgage giants ordered to exempt first-time homebuyers from increases, which could boost private lending. Source: Inman News
Climate change seen as “an emerging and increasing threat to U.S. financial stability,” according to guidance issued by the Federal Housing Finance Agency. Source: Inman…
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the…
Although questions about the future of the mortgage giants remain, lending industry officials welcome selection of veteran regulator to lead FHFA. Source: Inman News
Rapid home price appreciation during the pandemic means loan limits for Fannie Mae and Freddie Mac will make a record-breaking leap in 2022, fueling a…
The Federal Housing Finance Agency wants at least 35 percent of the purchase mortgages backed by Fannie and Freddie to be taken out by low-…
Would-be homebuyers with thin credit files will have a better chance of getting approved for a mortgage if they’ve been paying their rent consistently, thanks…
Both companies benefited from rising home prices and a resurgence in refinancings prompted by falling mortgage rates, which have come down from 2021 peaks seen…