Report Reveals $603 Billion Allocation for Home Remodeling Projects
Discover insights on consumers prioritizing remodeling over housing affordability, as experts highlight a projected $603 billion spending in this sector.
Revitalizing U.S. Housing: The Impact of a 25-Year Mortgage Surge
Explore how shifting demographics and new policies may lead to a historic housing boom in the U.S., driving economic growth and reshaping the American Dream.
FHA Extends Foreclosure and Eviction Moratorium for Helene and Milton Victims
Mortgagee Letter updates indicate the moratorium has been extended to July 10, providing private lenders with more time to navigate market conditions.
Seattle’s Port Appeals Against Residential Development in Industrial Zone
Port of Seattle's appeal highlights concerns over land control in industrial zones, impacting potential residential development opportunities for investors.
New Venture to Provide Ongoing Education and Training for Mortgage Professionals
Discover how Next Level Education, co-founded by industry veterans, aims to enhance the skills of mortgage professionals through targeted training and continuing education.
Fannie Mae terminates over 100 employees for unethical behavior.
Fannie Mae's recent firings may relate to a matching grants program linked to an Indian-American nonprofit, raising questions about funding and oversight.
Mortgage Rates Experience Significant Fluctuations Amid Market Volatility
"Market volatility impacts mortgage spreads; however, a 10-year yield of 4.35% or lower remains a viable benchmark for private lenders."
Pulte announces cancellation of $6.4 million in DEI initiatives at Fannie and Freddie.
Bill Pulte expressed concerns on X regarding the rescindment of DEI policies at FHFA, sharing his perspective on the implications for GSEs and private lenders.
Oralia Herrera Leads NAHREP: A Journey from Tenant to Trailblazer
Explore Oralia Herrera's inspiring journey from an immigrant tenant to the newly appointed president of NAHREP, championing homeownership and advocacy for Hispanic communities.
Retiree Relocation Activity Declines by Almost 25%
Elevated mortgage rates and high home prices are contributing to limited mobility among retirees, impacting market dynamics and private lending opportunities.