New reports show that the strategies used by three major government-backed mortgage agencies to help delinquent borrowers keep their homes make financial sense for the entities themselves. Fannie Mae, Freddie Mac and the Federal Housing Administration save billions of dollars over time by giving loans a chance to reperform, Housing Risk and Policy Advisors found […]
Home retention saves Fannie, Freddie and FHA billions Read More »
Treasuries fell Friday but remained on course for a third straight weekly gain, with benchmark yields near the lowest levels since early May. Traders squared their positions to start the session, pushing yields up and snapping a five-day rally. Inflation gauges in US economic data were firmer than expected, leading traders to pare bets on
Fed-driven bond rally stalls with yields lowest since May Read More »
Senate Banking Committee Chair Tim Scott, R-S.C., left, and committee ranking member Elizabeth Warren, D-Mass.Bloomberg News WASHINGTON — Senate Banking Republicans can go ahead with cuts to the Consumer Financial Protection Bureau’s funding after the Senate parliamentarian approved nearly halving the amount that the bureau can draw from the Fed’s total operating budget. Last week,
What the big, beautiful bill now has in store for the CFPB Read More »
Fannie Mae has launched an AI-powered Crime Detection Unit in partnership with Palantir Technologies to achieve what FHFA/Fannie/Freddie chief Bill Pulte has called “something big on mortgage fraud.” Fannie Mae we all know is the grande dame of American Housing. Less known is Palantir Technologies. It describes itself as “bringing the right data to the
Fannie Mae’s new AI-powered crime detection unit: The Pulte/Palantir project Read More »
In a social post on X on Thursday, FHFA Director Bill Pulte said a fired Freddie Mac employee who was arrested in March for threatening to blow up the Freddie Mac building in McLean, Virginia has continued to contact him. It’s Pulte’s first public statement on the incident since the woman’s arrest. Pulte posted: “Recently,
Pulte still contacted by woman arrested for bomb threat Read More »
Three fair housing organizations are asking to weigh in on a federal case where the Department of Justice is seeking to end a redlining settlement with Lakeland Bank — an effort the DOJ and the bank both oppose. The nonprofits — New Jersey Citizen Action Education Fund, the Housing Equality Center of Pennsylvania, and the
Redlining deal dispute pits DOJ against advocates Read More »
Cenlar is closing its O’Fallon, Missouri office, calling it a difficult decision, a little over seven years after taking over the space from Citigroup. The workforce reduction impacts 93 people. The WARN notification was received by Missouri officials on June 20 and has a layoff date of July 22. The closure was first reported in
Cenlar closing Missouri location acquired from Citi Read More »
Editor in Chief Sarah Wheeler recently sat down with Joe Trapani, chief technology officer at Moder, to talk about how he approaches problem solving with tech, the shininess of gen AI and why it’s probably smart to keep humans in the loop for some tasks. Moder was recognized as a 2025 HousingWire Tech100 winner. This
Moder CTO Joe Trapani: ‘The answer to everything is always data’ Read More »
While his firm may not be named as a defendant in Compass’s lawsuit against Zillow, it doesn’t that mean Glenn Sanford, the CEO of eXp World Holdings, doesn’t have thoughts to share. In its complaint, Compass (the nation’s largest brokerage by sales volume) named eXp Realty (the top brokerage by transaction sides), as a co-conspirator.
eXp’s Glenn Sanford fires back at Compass over private listings Read More »
The appraisal industry shed no tears when the Trump administration sought to undo the Property Appraisal and Valuation Equity (PAVE) Interagency Taskforce, the federal effort to investigate racial bias in appraisals implemented by former President Joe Biden. But that doesn’t mean appraisers have seen the end of federal regulation and litigation around appraisals, or the
Trump’s assault on DEI hasn’t ended federal efforts to stop appraisal bias Read More »