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Fannie Mae's Home Purchase Sentiment Index reported a decline in the consumer perception of homebuying as affordability and supply concerns grow.
The purchase of high-end homes grew 26% year-over-year through the three months leading up to May.
Freddie Mac Multifamily extended the deadline for requesting a new COVID-19 forbearance agreement for its Multifamily loans to September 30, 2021.
Forbearances dipped by 71,000 plans week-over-week.
Shashank Cukkemane will assume the role as vice president for Avanze Tech Labs.
Mark Bishop is named national corporate training leader for Nations Lending.
Fannie Mae is seeking to help demystify the homebuying process for future homeowners with “Your Own Story.” A new campaign to educate future homebuyers on the entire process.
Kroll Bond Rating Agency assigned preliminary ratings to six classes of mortgage-backed notes from Ellington Financial Mortgage Trust.
Farm Bureau Mortgage is the latest joint venture for loanDepot.
NewRez and Shelter mortgage joined forces to create a joint venture mortgage company.