In November, the Federal Housing Finance Agency announced its annual change to the conforming loan limit for loans purchased by Fannie Mae and Freddie Mac (GSEs). For 2022, it was announced that the limit increased by 18% to $647,200, reflecting the average increase of home prices over the last year. But the conforming loan limit does not apply to the entire country equally: beginning in 2008, ...
The post Now Is the Time to Readdress Conforming Loan Limits appeared first on theMReport.com.
Sens. Katie Britt and John Boozman introduced the PROTECTED Act, legislation drafted to protect small financial institutions and Main Street businesses from “regulatory overreach” and excessive...
Despite remaining below pre‑pandemic highs, incremental rises in starts, filings and REOs suggest homeowners are feeling increasing economic stress. Here’s what the latest ATTOM data reveals. The...
A new survey finds millennials are more likely to buy a home in the next six months, even as most Americans remain on the sidelines thanks to mortgage rates hovering near 7% and the persistent...
Sen. Adam Schiff has introduced the Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act, bipartisan legislation aimed at stabilizing the home insurance market by...
Christopher Waller, a member of the Board of Governors of the Federal Reserve System, recently discussed why he feels the Fed should “reduce its policy rate by 25 basis points” at the next Federal...
Skeptics of the One Big Beautiful Bill Act (OBBBA), which President Trump signed into law on the nation’s 249th birthday, warn it may eliminate key repayment options, shift tax benefits, and...
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...
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...
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:...
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...
“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...
"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...
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...
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...
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...
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...
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...
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...
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...
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...
