Industry Update: the Future of eClosing and RON

Join industry experts for an in-depth discussion on the future of eClosing and how hybrid and RON closings benefit lenders and borrowers.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

How Biden’s Neighborhood Homes proposal impacts real estate investors

Dubbed the Neighborhood Homes Tax Credit, the proposal is part of the larger American Jobs Plan legislation — also known as Biden’s infrastructure plan. Here's a look into how it impacts real estate investors.

Politics & MoneyMortgage

The $7 trillion climate question facing Fannie and Freddie

A look at the "Klima" model, which measures climate risk and residential mortgage mispricing

HW+ Risk

During the Trump administration, Fannie Mae and Freddie Mac appeared to studiously avoid weighing in on the potential effects of climate change on the value of their more than $7 trillion of securitized mortgages. 

After all, the former president was a well known climate skeptic and the GSEs perhaps wanted to avoid his ire, especially as expressed on his favorite social media weapon, Twitter.

But it’s a new day, a new dawn and a new administration in Washington.

So, early in 2021, the GSEs wasted no time in putting out an all points climate SOS, asking all and sundry to pass along any information and analysis they might have on climate and the mortgage market in general. But most importantly, climate as it relates to Fannie and Freddie’s mortgage portfolios specifically.

One response stands out, and not just because of its stark climate warning, but also because of the report’s author and the outsized and famous role he and colleagues played in the mortgage finance crisis of 2008, a crisis in which the GSEs, of course, also had an outsize role.

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