Fannie Mae is revising the eligibility matrix used for manually underwritten mortgages, giving lenders until February 22, 2027, to prepare for changes affecting credit scores, cash reserves and several loan programs.The government-sponsored enterprise published Lender...
Florida voters approved a sweeping change to the state’s property-tax system Tuesday, voting to expand homestead exemptions and tighten the limit on annual assessment increases for non-homestead property. The outcome promises substantial relief for some...
Renting became less affordable in 232 of 282 U.S. metropolitan areas between 2014 and 2023, according to a new study from the Mortgage Bankers Association’s Research Institute for Housing America. The finding is striking, but the researchers’ method also...
Rate and Compass International Holdings are combining their two mortgage joint ventures, Guaranteed Rate Affinity and OriginPoint, under the OriginPoint name in a consolidation designed to connect more mortgage loan officers with one of the country’s largest...
The morning after the midterms, campaign promises meet mortgage payments, construction costs and the limits of political power. The morning after an election, some Americans feel relieved. Others are convinced the country has made a terrible mistake. Close races can...
Marcus & Millichap Revenue Climbs 7.5%, but Brokerage Still Posts Oper…
Bank of England Raises Rate to 4% as Mortgage Approvals Fall and Inflation …
