The Federal Housing Finance Agency (FHFA) announced the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $70 billion for each government-sponsored enterprise (GSE), for a combined total of $140 billion to support the multifamily market. FHFA...
The Federal Housing Administration (FHA) has increased the allowable property inspection fee limits for property inspections of single-family homes associated with defaulted FHA-insured mortgages. The inspections are used in a servicer’s preservation and protection of...
A total of 34,472 properties were burdened with foreclosure filings during October, according to new data from ATTOM. This is a 6% decline from the previous month but also a 6% increase from one year earlier. ATTOM determined that one in every 4,051 housing units had...
Attorney Mitch Arnold has joined Phoenix-based Dorsey & Whitney LLP as a real estate of counsel. Arnold is a transactional real estate attorney who specializes in acquisitions, leasing, divestitures, and other complex business matters. He has experience...
More than one-third of homebuyers (35%) received concessions from sellers during the three-month period ending Oct. 31, according to a new data report from Redfin (NASDAQ:RDFN). While that is roughly equal from the 35.9% share recorded one year ago, it is also up from...
CoreLogic has entered a new partnership to provide Wells Fargo (NYSE:WFC) Home Lending with real estate tax processing operations. CoreLogic will also manage those services for Wells Fargo’s home loan customers moving forward. This includes the ability for Wells Fargo...
