Fannie/Freddie Announce End Dates for QM Rules
Posted To: MND NewsWire Both Fannie Mae and Freddie Mac (the GSEs) have released information to their lenders confirming that any loans they purchase after July 1, 2021 must conform to the agreement made on their behalf in January by the Federal Housing Finance Agency (FHFA) with the Department of Treasury, amending the Preferred Stock […]
Study Highlights How Credit Scoring Impacts Fair Lending, Minority Homeownership Rates
Credit Scoring Impact on Fair Lending, Minorities NAR will use new research to shape policy positions in effort to boost minority homeownership. Media Contact: Wesley Shaw 202-383-1193 Fair Housing
Lagarde sees strong rebound for EU economy in second half, expects U.S. to meet inflation goal soon
Despite a difficult struggle against the Covid-19 pandemic, the EU will hit its economic stride later this year, Lagarde told CNBC on Friday….(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web
Another Tentatively Decent Day For Rates
Posted To: Mortgage Rate Watch Mortgage Rates have been doing pretty well so far in April. They bounced at long-term highs on March 31st (matching the highs from 2 weeks prior), but have been descending gently since then. Today’s move was definitely modest. The average borrower wouldn’t see much of a difference–if any–versus yesterday’s rate […]
Weekly Retail Update: April 2, 2021
Significant job declines, health and safety issues, and government-mandated store closures created a whirlwind year for retail in 2020. www.nar.realtor – Research
Fair Housing Month Events
During the month of April, NAR will be hosting and sponsoring events to commemorate Fair Housing Month. www.nar.realtor – Fair Housing
Fair Housing Month
Every April, REALTORS® commemorate the passage of the Fair Housing Act of 1968 with events and education that shine a light on housing discrimination and segregation, and a recommitment to expanding equal access to housing. www.nar.realtor – Fair Housing
FHA Will Keep Mortgage Insurance Fund Rates Stable
The newly installed Secretary of the Department of Housing and Urban Development (HUD) released her first quarterly report on the agency to Congress on Tuesday. A key point regarded the Federal Housing Administration’s Single Family Mutual Mortgage Insurance (MMI) Fund. Secretary Marcia L. Fudge said the fund has remained resilient despite the financial challenges faced […]
NAR Thanks Biden Administration for Commitment to Housing in Infrastructure Proposal
Biden Commitment to Housing in Infrastructure Proposal NAR thanks the administration for emphasizing housing availability and broadband internet access in its infrastructure investment proposal. Media Contact: Wesley Shaw 202-383-1193
Refis Constituted Three-Quarters of Freddie Mac’s February Volume
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 17.7 percent in February compared to a 16.1 percent gain in January. The portfolio balance at the end of the period was $ 2.818 trillion compared to $ 2.777 trillion the prior month and $ 2.350 trillion a year […]