Freddie Mac names John Glessner chief risk officer replacing Anil Hinduja.
Freddie Mac names John Glessner as chief risk officer after Anil Hinduja's departure; impacts private lenders' exposure and capital markets strategies now.
Real estate agents mentor college athletes to generate referrals.
As a targeted workforce-development initiative, programs that mentor student-athletes and guide them through the requirements to become licensed real estate referral agents bridge collegiate preparation and the housing sector. Participants receive structured mentoring, classroom instruction and practical support to satisfy licensing or registration thresholds [...]
Freddie Mac updates multifamily refinance stress test to 4.73% forward.
Updated Freddie Mac Multifamily refinance stress test uses a 4.73% implied 10-year forward rate—implications for private lenders' underwriting and pricing
FHFA cuts Inspector General budget to $20M, watchdog predicts staff cuts.
FHFA cut inspector general budget to $20 million, risking 70-80% staff reduction and major limits to the mortgage-fraud oversight, affecting private lenders.
Rocket Mortgage adopts VantageScore 4.0 as default for eligible loans.
Rocket Mortgage adopts VantageScore 4.0 as preferred model for eligible DTC mortgages after testing 1.4M+ credit reports—implications for private lenders...
Point reports home renovation demand has fallen to its lowest level.
A national quarterly index tracking renovation financing activity shows a pronounced regional concentration, with demand strongest in states such as Indiana, Tennessee and Georgia. The trend highlights an active market for loans that fund home repairs, remodels and energy upgrades, spanning products from government-backed [...]
NeighborWorks America awards $4.14 million in supplemental grants.
The awards support a network of 23 organizations operating across 17 states and the District of Columbia, creating a geographically broad platform to strengthen local mortgage-related services. By channeling resources to multiple community actors, the initiative is poised to expand housing counseling, loss-mitigation assistance, [...]
High-Intent Home Shoppers Rise 21% as Sales Continue to Lag
Zillow notes 21% rise in engaged shoppers and 4.8 shoppers per listing, while sales rose 4.5%; implies heightened buyer competition and lending demand now.
Institute for Luxury Home Marketing introduces a property search platform.
Access a members platform reaching 11k+ industry professionals offering deal flow tools, underwriting resources and compliance insights for private lenders.
Land acquisition math grows more challenging for homebuilders.
Acres has broadened its property-intelligence platform to deliver a large-scale parcel-level dataset spanning more than 1,000 metropolitan areas and over 3,000 counties, built from roughly 155 million parcel records. That expanded inventory affords mortgage market participants deeper, address-level visibility into ownership, land use and [...]