Category: Industry Updates

https://www.realtor.com/news/real-estate-news/condo-buyers-will-soon-have-an-easier-time-scoring-a-mortgage/

Yahoo Finance: Buffett’s Berkshire adds to Bank of America stake, now valued at $27 billion. https://finance.yahoo.com/news/berkshire-hathaway-warren-buffett-adds-bank-of-america-amazon-q2-095438654.html

Forbes: New FHA Guidelines Expand Access To Condo Mortgages. https://www.forbes.com/sites/brendarichardson/2019/08/15/new-fha-guidelines-expand-access-to-condo-mortgages/

Los Angeles Times: FHA changes rules so more first-time condo buyers can get mortgages. https://www.latimes.com/business/story/2019-08-14/fha-condo-rules

Yahoo Finance: Splashy Revenue Growth Isn’t Enough for Zillow. https://finance.yahoo.com/news/splashy-revenue-growth-isn-apos-120500905.html

https://www.realclearmarkets.com/articles/2019/08/13/fannie_freddie_cause_cognitive_dissonance_in_dodd-frank_credo_103852.html

Yahoo Finance: Zillow Group Revenue Surges 84%. https://finance.yahoo.com/news/zillow-group-revenue-surges-84-175500351.html

Mortgage News Daily: Fannie/Freddie Universal MBS Launch Has Been Seamless So Far. http://www.mortgagenewsdaily.com/08122019_housing_finance_reform.asp

WASHINGTON — The Consumer Financial Protection Bureau caught many in the mortgage industry off guard Thursday when the agency said it will retire a policy that gives Fannie Mae and Freddie Mac a competitive advantage in complying with underwriting rules. …

6 questions on the CFPB plan to end Fannie and Freddie’s ‘patch’ | American Banker Read More »

Suddenly, mortgage broker Mark Livingstone is working weekends and spending his meager free time reading resumes because he needs help handling the crush of refinancing applications. Rates for 30-year mortgages are at their lowest since late 2016, sending many previously …

Mortgage-refinancing fever sweeps U.S., forcing brokers to scramble – The Seattle Times Read More »