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FHFA
Mortage News

Black Knight Home Price Data at Odds With Recent FHFA Move

December 13, 2022 Mariel Alumit Comments Off on Black Knight Home Price Data at Odds With Recent FHFA Move

Black Knight released its Mortgage Monitor report today–always a treasure trove of robust housing/mortgage-related data.  Of particular interest this time around is the ongoing price declines seen in Black Knight’s Home Price Index (HPI)–especially as […]

FHFA
Housing Wire

Opinion: Two legal issues relevant to FHFA’s review of FHLB system

November 19, 2022 Stu Turley Comments Off on Opinion: Two legal issues relevant to FHFA’s review of FHLB system

On Aug. 31, 2022, the Federal Housing Finance Agency (FHFA) announced that it would conduct a comprehensive review of the Federal Home Loan Bank (FHLB) system. This article addresses two legal issues relevant to the […]

FHFA
Housing Wire

FHFA to replace Classic FICO with more inclusive credit model 

October 24, 2022 Mariel Alumit Comments Off on FHFA to replace Classic FICO with more inclusive credit model 

The Federal Housing Finance Agency (FHFA) on Monday announced that it is replacing the Classic FICO credit model, which Fannie Mae and Freddie Mac have relied on for nearly 20 years, for the FICO 10T […]

FHFA
Housing Wire

FHFA tweaks g-fee pricing by eliminating some upfront fees

October 24, 2022 Mariel Alumit Comments Off on FHFA tweaks g-fee pricing by eliminating some upfront fees

The Federal Housing Finance Agency (FHFA) “as soon as possible” will eliminate upfront fees for certain borrowers and affordable mortgage products, which is part of an ongoing review of Fannie Mae and Freddie Mac’s guarantee […]

Housing Wire

77 bank trade groups urge FHFA to modify its tangible capital rule

October 20, 2022 Mariel Alumit Comments Off on 77 bank trade groups urge FHFA to modify its tangible capital rule

A coalition of 77 banking trade groups led by the American Bankers Association (ABA) and the Independent Community Bankers of America (ICBA) has asked the Federal Housing Finance Agency (FHFA) to modify an existing rule […]

Sandra Thompson
Housing Wire

Don’t miss FHFA Director Sandra Thompson at HW Annual

September 30, 2022 Mariel Alumit Comments Off on Don’t miss FHFA Director Sandra Thompson at HW Annual

Taking the main stage on Oct. 5 at HW Annual, Federal Housing Finance Agency Director Sandra Thompson will sit down for a fireside chat with HousingWire’s Sarah Wheeler. The highly anticipated conversation will share updates […]

FHFA
Housing Wire

FHFA OIG addresses executive compensation controversy

September 28, 2022 Mariel Alumit Comments Off on FHFA OIG addresses executive compensation controversy

The Federal Housing Finance Agency (FHFA) Office of the Inspector General on Wednesday said the agency has not adequately defined the rules and scope of its executive compensation practices. The OIG concluded that the agency […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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