Leading U.S. mortgage lenders United Wholesale Mortgage (UWM) and Better have joined Fannie Mae’s pilot program that waives lender title insurance requirements for certain refinance transactions, HousingWire has learned. The initiative, announced... Read more »
Fannie Mae on Wednesday announced that its next version of the Desktop Underwriter (DU) software platform will be available for users on Jan. 11. The platform will feature “enhanced” risk assessment by... Read more »
Ginnie Mae has taken a far more active role in the reverse mortgage industry over the past two years, stemming from the failure of a major industry lender that threatened liquidity for... Read more »
Earlier this month, President Biden during his State of the Union announced several initiatives to address housing affordability in our country. We have long supported thoughtful efforts to ensure greater housing opportunity... Read more »
The new functionality, added to the quality control process, “gives mortgage lenders the opportunity to address loan defect concerns earlier in the review process,” Scott Olson, executive director of the Community Home Lenders... Read more »
Last month, DataDigest explored market experts’ expectations for 2024, with the consensus calling for a moderately better housing market than 2023. But a meeting of the Federal Open Market Committee the following... Read more »
Fannie Mae, a key player in the mortgage industry, has recently released its comprehensive housing market forecasts, offering insights into the trajectory of home sales and price growth through the years 2024... Read more »
What is Fannie Mae’s 5% down payment loan for multi-family homes? In a groundbreaking move, Fannie Mae has announced a new policy that is set to revolutionize the multi-family housing market. Starting... Read more »