Fannie Mae: 3 reasons why this oil glut won't crash housing

The Wrap: Appraisal activity continues to pick up in second week of August

Appraisal Foundation joins HousingWire

What should you do if your Realtor has a family emergency?

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Items Tagged with 'HUD'

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New home sales jump 5.4% in July to 507K

July’s reading a 25.8% gain in one year
New home sales showed solid if expected gains in July. And while volatility is common for new home sales, other housing data released last week suggest it's not a blip, analysts say. Here's the breakdown.
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FHFA: June 2015 house prices rose 5.6% from June 2014

Second quarter shows 5.4% annualized growth
The Federal Housing Finance Agency house price index rose 0.2% in June, below the low-end forecast for 0.3% but still a respectable gain. Annualized price growth was 5.6%, while prices in the second quarter rose 5.4% compared to the second quarter of 2014.
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FHA continues push for expanded credit access

Supplemental Performance Metric will give insight about lenders
Furthering a program that was initially announced in May of last year, the Federal Housing Administration announced the implementation of one of the key facets of its “Blueprint for Access,” which is designed to expand credit access to underserved borrowers. Click through for all the details.
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Mortgage firm owner pleads guilty to $64M mortgage fraud scheme

Co-developer and underwriter also plead guilty
A Miami-area real estate developer and owner of a mortgage company, his business partner and a senior mortgage underwriter each pleaded guilty to a mortgage fraud scheme involving federally insured mortgages that caused losses of $64 million to the Federal Housing Administration. You know you want to know more.
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MBA supports, suggests mods to HUD loan-level certifications

Program critical to lenders, FHA and consumers
The goal of this revision to the certification is to clarify the scope of liability associated with errors that can occur in the origination of Federal Housing Administration-insured mortgages, and to foster a strong culture of quality control in the program. MBA says it's a good revision, and suggests some tweaks.
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