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Coming Up:
Fannie Mae Chair, CEO To Resign May 1
Board elects Wells Fargo exec Michael Heid to succeed Chairwoman Sheila Bair; President David Benson will serve as interim CEO.
In a Changing Market, Brokers Must Be the North Star for Borrowers
Homebuyers are suffering from acute Buyer Anxiety.
Home Sale Prices Are Dropping
Home sellers are lowering their prices to make their houses sell.
Austin, TX, Joins The Half A Million Club
Home price inflation reaches new heights, giving rise to median home prices of $500K
Fannie Mae Announces 25th Sale Of Reperforming Loans
Sale consists of approximately 7,600 loans with an unpaid principal balance of approximately $1.49 billion.
Overall Mortgage Credit Is Tightening
Some segments showed improvement in March 2022
KBRA Assigns Preliminary Ratings To Freddie Mac’s STACR 2022-DNA3
The offering is a credit risk sharing transaction with a total note offering of $1.84 billion.
REC. Apr 07, 2022
FHFA Suspends Mortgage Foreclosures
Prohibits servicers from foreclosing on mortgages backed by Fannie Mae or Freddie Mac
Better.com Offering Severance To Some U.S. Employees
Online mortgage broker's voluntary severance offer follows two rounds of mass layoffs.