Industry News
Coming Up:
Home Buyers Finding Deep Discounts
According to Zillow, the typical U.S. home listing saw $25,000 in cumulative price cuts in October, with multiple reductions becoming more common as homes take longer to sell
A ‘Long, Slow Recovery’ Will Begin In 2026
Redfin predicts that 2026 will usher in a “Great Housing Reset” — a gradual rebound in the U.S. housing market, driven by rising incomes outpacing home-price growth, more affordable mortgage rates, modest price increases, and slowly improving homebuying
Jaime Joyce Named Chief Operations & Strategy Officer For Guaranteed Rate Affinity
Bringing two decades-plus of experience to her new role, Jaime Joyce will be tasked with running the company’s operations and guiding its long-term strategic direction
Housing Execs Press Congress To Address Supply Shortfall
A coalition of housing leadership organized by the J. Ronald Terwilliger Center for Housing Policy is urging Congress to enact bipartisan, comprehensive housing legislation to address the nationwide affordability crisis
GAO Finds FHFA Lax On Fair Lending Rules
The Government Accountability Office is urging the Federal Housing Finance Agency to issue clear, written guidance on how Fannie Mae and Freddie Mac should meet fair lending requirements amid shifting oversight and increasing use of property technology
Bayview Closes Acquisition Of Guild
San Diego-based retail lender finalizes agreement to be acquired by a fund managed by Bayview Asset Management in $1.3 billion all-cash deal
MISMO Publishes New Credit Scoring Guide
MISMO’s new guidance is designed for organizations using the MISMO reference model as they integrate next-generation credit scoring models into their systems
Romaine Elected Vice Chair Of FHLBNY
Current chair and CEO of Tompkins Community Bank elected to a two-year term of the Congressionally-chartered, wholesale bank
Conforming Loan Limits To Jump $26,250
The FHFA has announced the conforming loan limit (CLL) values for mortgages Fannie Mae and Freddie Mac will acquire in 2026, as in most of the U.S., the 2026 CLL value for one-unit properties will be $832,750