Bloomberg reports FHFA Director Bill Pulte is “actively evaluating portable mortgages” after President Trump’s 50-year loan idea faced backlash.
Freddie Mac and FHFA execs were fired as new FHFA Director Bill Pulte reshapes leadership. What’s next for the mortgage market?
HousingWire reports that President Trump’s executive order aims to cut housing costs by cutting regulations, expanding housing supply, and reshaping federal agencies like HUD and FHFA.
This week in BAM brings another commission lawsuit, 2024 predictions, a BAM webinar on PR tools, a clear message from CoStar to Realtor.com and WSJ, an increase in conforming loan limits, opening scripts, and much more.
The Federal Housing Finance Agency (FHFA) announced new conforming loan limits for 2024.
This week on the Hot Sheet, Byron Lazine broke down the newest home price indices from Case-Shiller and the Federal Housing Finance Agency (FHFA), as well as a housing market prediction from Robert Shiller.
The Federal Housing Finance Agency (FHFA) released its House Price Index (HPI®) for Q1 and March of 2023. House prices climbed 4.3% from Q1 2022 to Q1 2023. They also rose 0.5% compared to Q4 2022, while, on a monthly basis, they rose 0.6% from February.
Last week, the FHFA announced its decision to rescind DTI LLPA fees. This week, NAR President Kenny Parcell testified against another LLPA fee issued by the FHFA—this one for borrowers with fair to good credit.
On Wednesday, the FHFA announced it would rescind its DTI LLPA fee for conventional borrowers. The decision comes after the FHFA announced a delayed implementation to better understand the concerns of industry stakeholders.
The Hot Sheet recap for April 17th – 21st covers what the new FHFA mortgage rule is really about, markets that are booming vs. those that are cooling, housing inventory and mortgage demand.
Byron Lazine, Tom Toole, and Lisa Chinatti discuss housing inventory still near record lows, things getting weird in the housing market, the lock-in effect, confusing headlines, and the best source of accurate information on the fee for borrowers with higher credit scores.
According to a new analysis by Zillow Home Loans, recent updates to conforming loan limits by the Federal Housing Finance Agency (FHFA) mean over 2 million U.S. homes no longer require a jumbo loan, making them more accessible for buyers.
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