Category: Industry Updates

Yahoo Finance: Buffett’s Berkshire adds to Bank of America stake, now valued at $27 billion.

Forbes: New FHA Guidelines Expand Access To Condo Mortgages.

Los Angeles Times: FHA changes rules so more first-time condo buyers can get mortgages.

Yahoo Finance: Splashy Revenue Growth Isn’t Enough for Zillow.

Yahoo Finance: Zillow Group Revenue Surges 84%.

Mortgage News Daily: Fannie/Freddie Universal MBS Launch Has Been Seamless So Far.

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 »