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Quarterly, home prices rose a seasonally adjusted 1.7% in Q1 2024, essentially the same as the growth in Q4 2023.
The overall occurrence rate for these violations has gone down, Fannie Mae reports.
Fannie Mae's HPSI saw its first decline since November 2023.
Consumer confidence in selling homes rises, but buying sentiment remains pessimistic.
Fannie Mae unveils cutting-edge update to streamline mortgage origination process.
Faced with market challenges, Fannie Mae reintroduces a Notice of Potential Defect, allowing lenders a grace period to rectify significant loan issues before repurchase requests, amid calls for broader industry reform.
