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GSE’s ‘At the Heart’ of Assisting Homeowners, Lenders, Servicers

05.22.2020

A report by Bloomberg said while the government took control of Fannie Mae and Freddie Mac during the last downturn, the GSEs are “now at the heart” of the government’s effort to assist homeowners, lenders, and servicers during COVID-19. 

Borrowers With Low-Credit Most Negatively Impacted by COVID-19

05.14.2020

AEI latest housing indicators show the market may be stabilizing but at a lower level. 

Northeast Hit By Declining Housing Inventory

05.06.2020

Six of the 10 metros that experienced the largest drops in new-home listings were located in the northeast, according to a new report by realtor.com

Mortgage Applications Drop Slightly

04.23.2020

Mortgage applications fell slightly by 0.3% from the prior week for the week ending on April 17, according to the Mortgage Bankers Association (MBA).  

Mortgages in Forbearance Increase to More Than 3%

04.15.2020

A new survey by the Mortgage Bankers Association (MBA) found that the number of home loans in forbearance rose from 2.73% to 3.74% during the week of March 30 to April 5. 

Coronavirus’s Impact on the Housing Market

04.08.2020

Research by realtor.com revealed both the long-term and short-term impact that the spread of COVID-19 has had on the housing market. 

FHFA Approves Loan Processing Flexibility by GSEs

04.01.2020

The Federal Housing Finance Agency (FHFA) authorized several loan processing flexibilities from Fannie Mae and Freddie Mac. 

The ‘Last Hurrah’ for New-Home Sales?

03.25.2020

An estimated 765,000 new-home sales took place in February 2020, according to the U.S. Census Bureau

Federal Reserve Official Says Negative Interest Rates Unlikely

03.18.2020

In an interview with CNBC, Minneapolis Federal Reserve President Neel Kashkari said the Fed still has monetary policy options to combat COVID-19, but noted negative interest rates are not among them. 

Examining American Housing Market Sentiment

03.11.2020

The Fannie Mae Home Purchase Sentiment Index (HPSI) dipped slightly in February, decreasing 0.5 points to 92.5 but remaining near its survey high of 93.8. Three of the six HPSI components decreased month over month, including the percentage of Americans who believe that now is a good time to buy a home. Year over year, the HPSI is up 8.2 points, reflecting in part consumers’ more favorable mortgage rate expectations, despite that index component moderating this month.

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