Concerns
COVID Concerns Drive Rates Lower, Refi Volume Rises
Refinancing continues to support mortgage application activity while purchase applications continued to weaken during the week ended July 23. The Mortgage Bankers Association (MBA) says its Market Composite Index, a measure of mortgage loan application volume, increased 5.7 percent on a seasonally adjusted basis from the prior week and the unadjusted index was up 6 […]
NAR Raises Concerns with FHFA Final Rule Governing GSE’s Required Capital Structures
NAR Raises Concerns About FHFA Final Rule NAR remains concerned that the proposed rule could significantly raise costs for consumers, force GSEs to assume greater risk, and undermine reforms. Media Contact: Wesley Shaw 202-383-1193 Fannie Mae & Freddie Mac (GSEs)