The Federal Housing Finance Agency (FHFA) announced updates to several appraisal policies related to Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). The government-sponsored enterprises (GSEs) will expand eligibility for appraisal waivers and inspection-based...
The resort town of Ocean City, Maryland, is suing the federal Bureau of Ocean Energy Management (BOEM) regarding the US Wind offshore project. The US Wind project involves the construction of 114 offshore wind turbines 10.7 miles off of Ocean City’s coast – the...
The Mortgage Bankers Association (MBA) installed Laura Escobar, president of Lennar Mortgage, as its 2025 chairperson at a ceremony during the trade group’s 2024 Annual Convention & Expo. Escobar currently serves on several advisory boards and committees,...
The US Department of Housing and Urban Development (HUD) announced a new partnership with the North Carolina Central University (NCCU) School of Law that is designed to prepare the next generation of fair housing policy and litigation leaders. NCCU is a public...
The Mortgage Bankers Association (MBA) has hired Astrid Vermeer as senior vice president and chief financial officer (CFO). In her new job, Vermeer will oversee MBA’s managerial accounting and financial operations, including financial reporting, budgeting,...
Miami-headquartered Douglas Elliman Inc. (NYSE: DOUG) announced that Howard M. Lorber will retire from his position as president, CEO and chairman of the board. Douglas Elliman Board Director Michael Liebowitz has been appointed chairman and CEO. Liebowitz is...
Refinancing Surge Drives Up Mortgage Application Activity
