Sen. Cynthia Lummis (R-WY) has introduced a bill to codify the directive made by Bill Pulte, director of the Federal Housing Finance Agency, that would allow cryptocurrency to be considered as an asset for mortgages delivered to the government-sponsored enterprises...
A Phil Hall Op-Ed: Yesterday, Federal Housing Finance Agency (FHFA) Director Bill Pulte posted a message on his X page that he was soon to be the subject of spurious coverage from one of the nation’s most influential newspapers. “The Washington Post, like...
Cutting capital gains taxes on houses, cutting millions in consulting fees, and cutting out talk about property tax hikes. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 21-25. Hit and Miss: Right Words, Wrong...
Fannie Mae (OTCQB: FNMA) has added Barry Habib, CEO of MBS Highway and a longtime media commentator on the housing market, to its board of directors. Habib’s appointment follows a seven-minute video that he posted to social media where he offered a harsh criticism of...
The 30-year fixed-rate mortgage averaged 6.74% as of July 24, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down slightly from last week when it averaged 6.75%. A year ago at this time, it averaged 6.78%. The 15-year...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
