The Fannie Mae Home Purchase Sentiment Index revealed consumers' optimism surrounding mortgage rates surged in December, and according to Mark Palim, VP and Deputy Chief Economist at Fannie Mae, "a more optimistic rate outlook among consumers may signal an expectation that home affordability pressures will ease in 2024."
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Home Insurance Crisis Intensifies
Nonrenewal rates and rising premiums are just some of the factors driving instability in the home insurance market, as climate-related events continue to push premiums upward and out of reach for...
FHFA Director Alleges Mortgage Fraud by California Senator
William J. Pulte, Director of the FHFA, has sent a memo to the Department of Justice stating that Sen. Adam Schiff “falsified bank documents and property records to acquire more favorable loan...
Homeownership Catching Up: Renter‑Buyer Gap Narrows
New data reveals renting saves on average of $900 per month, but that margin is slipping as the rent advantage is shrinking in 37 of the 50 largest U.S. metros. The post Homeownership Catching Up:...
The Exchange: Donna Schmidt, DLS Servicing
Donna Schmidt is President and CEO of DLS Servicing. A seasoned professional with four decades of leadership experience in the mortgage industry, she is a sought-after authority on loss mitigation...
New Home Purchases Surge YoY
“Applications to purchase new homes fell in June, consistent with typical seasonal patterns, but remained ahead of last year’s pace,” said Joel Kan, MBA’s VP and Deputy Chief Economist. The post...
Q2 Snapshot: Big-City Residents Evacuating Nationwide
"Affordability remains a primary driver of home searches, but evolving workplace policies, job opportunities and shifting local conditions also play a role," said Danielle Hale, Chief Economist at...
U.S. Economists Signal ‘Red Flare’: What Does This Mean?
A top economist has warned that the U.S. housing sector, which is struggling with problems in both building and sales, might soon have an impact on the country’s economy as a whole. “I sent off a...
Domestication and Collection of Foreign Judgments in Connecticut
Attorney Lucas Rocklin discusses how creditors enforce judgments against a debtor with assets or business operations across state lines. The post Domestication and Collection of Foreign...
Senate Passes Bill to Assist Distressed Veteran Homeowners
H.R. 1815, the VA Home Loan Program Reform Act, establishes a permanent partial claims program, allowing vets who have fallen behind on their mortgages to receive federal assistance. The post...
Search Underway for Next Fed Chair?
Scott Bessent, Secretary of the Treasury, stated that the Trump administration has formally launched the process of finding a replacement for Jerome Powell as Chair of the Federal Reserve. The...
Lenders Clamp Down on Credit Offerings Amid Market Uncertainty
A softening employment market and rise in mortgage delinquency rates are driving mortgage credit availability downward in June after six months of growth. The post Lenders Clamp Down on Credit...
Fed Report: Are Interest Rates Likely to Decline Anytime Soon?
A new paper jointly published by the Federal Reserve Banks of New York and San Francisco explores the possibility of the Fed once again setting its short-term interest rate target at near-zero...
International Buyers Claiming Growing Share of U.S. Housing Market
The National Association of Realtors 2025 International Transactions in U.S. Residential Real Estate report shows that between April 2024 and March 2025, foreign purchasers bought $56 billion...
Bill Would Channel Billions From Fannie/Freddie Sale Towards Affordable Housing
Bipartisan legislation has been proposed that would utilize proceeds from the sale of Fannie Mae and Freddie Mac for the construction of affordable housing for middle-class Americans. The post...
Honoring Servicers Making an Impact
MortgagePoint presents its 2025 Mortgage Servicing Excellence Awards, an opportunity to recognize the achievements of mortgage servicers nationwide. The post Honoring Servicers Making an Impact...
Keeping Homebuying in the Family
According to a recent Redfin survey, nearly one-quarter (23.8%) of young Americans who recently purchased a home used family funds to assist with their down payment. In this article, “family...
Servicers Increasingly Adopting eVault Technology
As mortgage servicers continue accelerating eNote adoption, those who delay risk falling behind operationally and competitively as their portfolios evolve. The post Servicers Increasingly Adopting...
HUD Unveils ‘Express Lane’ to Speed Financing for Residential Care Facilities
“We’re eliminating needless delays that stand in the way of access to critical financing, which helps vulnerable Americans access vital services," said HUD Secretary Scott Turner. "The result is a...
Report Warns FEMA Cuts Could Endanger Disaster Readiness
A new report examines the issues that property owners nationwide in high flood risk areas may encounter should the Federal Emergency Management Agency (FEMA) and the National Flood Insurance...
Legislation Aims to Ban Hidden Fees, Boost Transparency for Tenants
The End Junk Fees for Renters Act looks to eliminate excessive and dishonest junk fees that renters encounter when looking for and securing housing. The post Legislation Aims to Ban Hidden Fees,...