Ginnie Mae expands its monthly single-family reporting

Ginnie Mae unveiled a significant revision on Wednesday to its monthly single-family reporting protocols. The government mortgage bond guarantor incorporated expanded its payment default status (PDS) reporting, including loan default information, any mitigation actions taken and the timing of these
Read MoreFreddie Mac’s proposed home equity product could unlock $850B in originations

A Freddie Mac home equity product that was proposed this week has the potential to unlock $850 billion in origination volume. But it could face challenges due to the lack of a robust securitization market, according to strategists at Bank of America (BofA). On Tuesday, the Federal Housing Finance Ag
Read MoreBrian Icenhower on impact of commission lawsuits and low volume

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Marketing Leaders Leaders award are open now through April 30th, 2024. Click here to nominate someone.The recent commis
Read MoreWhy are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates.From NAR: The median existing home price for all housing types in March was $393,500, a
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