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

Road to the one-click mortgage

This white paper will outline how leveraging a credential-based data provider can save money for lenders, reduce friction for borrowers, speed time to close, and overall bring lenders one step closer to a one-click mortgage.

Politics & Money

What happens to the refi fee if Biden wins?

A Biden win would mean "all bets are off," Beacon's Myrow says

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After an industry outcry, the Federal Housing Finance Agency on Tuesday said it would delay until Dec. 1 the implementation of the 0.5% adverse-market fee on refinanced mortgages purchased by Fannie Mae and Freddie Mac.

That’s almost a month after the Nov. 3 presidential election. If former Vice President Joe Biden usurps President Donald Trump, all bets are off, said Stephen Myrow, managing partner of Beacon Policy Advisors in Washington, D.C. Even if the FHFA goes ahead with the fee, it could be reversed by a Biden administration who likely would stop plans to recapitalize and release the two companies, he said.

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