Mortgage tech company Blend has launched a soft credit inquiry function for lenders at a time when the industry is facing higher credit report fees. Credit bureaus and Fair Isaac Corp. (FICO) upped the cost […]
Fitch observed that “the percentage of office loans able to refinance exceeded the average across all property types for all three scenarios.” The post Fitch Ratings Warns Commercial Real Estate Risks Are Not Limited to […]
In the past few years, appraisal bias has come to the forefront of conversations about appraisals and how they can be improved. According to many reports, it’s been an issue for a long time, but […]
A federal judge in the Southern District Court of New York is allowing a lawsuit over an affordable housing policy, known as “community preference,” to progress to trial, according to a report by the New […]
Honolulu had the lowest median real estate tax rate while Waterbury, Connecticut, had the highest. The post The Most Affordable City for Homeownership Is… appeared first on Weekly Real Estate News.
“I’d say it is a seller’s market because of an extreme lack of inventory that’s on the market,” said Cawley. The post Person of the Week: Matt Cawley, President of National Multifamily Corp. appeared first […]
Williston Financial Group (WFG) and Doma Holdings, Inc. announced on Tuesday the completion of an agreement for WFG to acquire certain branches of Doma’s West Coast local retail title operations. The deal includes multiple retail […]
Federal Housing Finance Agency (FHFA) Director Sandra Thompson defended on Tuesday the recent policy changes the agency has implemented, which have been criticized by the housing industry and Republican lawmakers on Capitol Hill. In a […]
Thompson stressed that “updated and improved pricing framework makes homeownership more attainable for creditworthy first-time homebuyers, which strengthens communities.” The post FHFA’s Thompson: ‘Certain Media Reports Have Distorted Basic Facts’ About Upfront Fees appeared first […]
Fannie Mae and Freddie Mac executives recognize that the wave of loan-repurchase requests represents an added challenge for lenders who already have a stretched balance sheet. However, Fannie Mae’s position is that the loan-repurchase increases are an economic […]
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