Mortage News

Fannie Mae has launched the Healthy Housing Rewards initiative
Fannie Mae Initiative Targets Healthy Design in Multifamily Properties
Fannie Mae has launched the Healthy Housing Rewards initiative, a financial incentive for borrowers who incorporate healthy design features for new or rehabilitated affordable multifamily rental properties.   The initiative, which is part... Read more
Half of the 10 fastest-growing cities in the U.S. can be found in Texas, according to a recent report from the U.S. Census Bureau
The Fastest-Growing City Is …
Half of the 10 fastest-growing cities in the U.S. can be found in Texas, according to a recent report from the U.S. Census Bureau.   In an analysis of the populations of cities with at least 50,000 residents between July 1, 2015, and July... Read more
For the first time in nearly six years, the Multifamily Production Index (MPI) released by the National Association of Home Builders (NAHB) fell below the 50-mark
Builder Confidence in Multifamily Housing Weakens
For the first time in nearly six years, the Multifamily Production Index (MPI) released by the National Association of Home Builders (NAHB) fell below the 50-mark.   In the first quarter, the MPI took a seven-point fall to 48. The last... Read more
ICBA and NAFCU Press CFPB on HMDA Changes
The banking and credit union industries may not agree on many things, but they are in agreement that the Consumer Financial Protection Bureau (CFPB) needs to rethink the changes to the Home Mortgage Disclosure Act (HMDA) that is due to... Read more
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New FloodzoneData.us Tool Tracks Floodplain Housing
New York University’s Furman Center has debuted FloodzoneData.us, an online data tool describing the people and housing located in the nation’s floodplains.   FloodZoneData.us offers an interactive map and data downloads covering the... Read more
Multicultural
FHFA Seeks Input on Working with Borrowers with Limited English Proficiency
The Federal Housing Finance Agency (FHFA) has issued a Request for Input on lending and servicing issues faced by mortgage borrowers with Limited English Proficiency (LEP). “Originators and servicers cite uncertainty about how they can... Read more
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Average Mortgage Rates Hit Lowest Level of 2017
Average mortgage rates fell to their lowest level of the year, according to Freddie Mac’s Primary Mortgage Market Survey for the week ending May 25.   The 30-year fixed-rate mortgage (FRM) averaged 3.95 percent, down from last week when... Read more
Median Home Values At New Peak
The median home value in the U.S. reached $198,000 in April, which is one percent higher than peak value hit in 2007 during the height of the housing bubble, according to new data from Zillow.   Home values in April rose 7.3 percent on a... Read more
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Q1 Loan Origination Dollar Volume at Three-Year Low
More than 1.4 million loans were originated on residential properties—one to four units—during the first quarter, according to new statistics from ATTOM Data Solutions. This is a 30 percent decline from the previous quarter and a 21... Read more
National Mortgage Professional Magazine Presents ... 2017 State of the Industry Roundtable Discussion
As we turn the page of the calendar and begin a new year, we enter the next 12 months with new hopes and expectations of how to grow business in the new Trump Administration. National Mortgage Professional Magazine gathered some of the... Read more