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Results: 157 Articles found.
Dec 13, 2017 12:30 PM

FHA to Stop Purchasing Loans with PACE Assessments

The Federal Housing Administration announced Dec. 7 that it would stop issuing mortgages on properties that include Property Assessed Clean Energy assessments. The decision is part of a broader effort to protect the agency's Single Family Mutual Mortgage Insurance Fund, which has a net worth of $25.6 billion.

 
Dec 13, 2017 12:30 PM

Ginnie Mae Targets Lenders Who Prey on Veterans

Ginnie Mae announced Dec. 7 that it is going after lenders that pressure veterans into mortgage refinancing they don't need and that offer rates 1.5 points above market, Bloomberg reported. Ginnie Mae guarantees payment on $2 trillion in mortgage-backed securities, including loans made through the U.S. Department of Veterans Affairs.

 
Dec 13, 2017 12:30 PM

CoStar, Xceligent Engaged in Settlement Talks

Analytics firms CoStar and Xceligent are purported to be in advanced discussions to settle a year-long intellectual property lawsuit, Bisnow reported Dec. 6. A court order prohibits both parties from discussing a potential settlement of the suit in which CoStar accused Xceligent of stealing its proprietary data.

 

GSEs Owe Billions; FHFA Fighting to Pay Much Less

Fannie Mae and Freddie Mac owe the government $7.7 billion by the end of the year, but their regulator, the Federal Housing Finance Agency, is negotiating with the White House to pay a significantly smaller sum to give the government-sponsored enterprises a buffer against future losses, Bloomberg reported Nov. 29.

 

FHFA to Increase Conforming Loan Limits for 2018

The Federal Housing Finance Agency announced Nov. 28 that the maximum conforming loans limits for mortgages purchased by Fannie Mae and Freddie Mac next year will be $453,100 for most single-unit properties, up from $424,100 this year. The limit is based on the average U.S. home price.

 
Dec 01, 2017 12:30 PM

Banks Delayed Foreclosures to Influence Dodd-Frank, Research Shows

Banks servicing delinquent mortgages in 2009 and 2010 are alleged to have delayed foreclosure proceedings in electoral districts of then-members of the House Financial Services Committee to influence congressional action on Dodd-Frank, according to research from Georgetown University, Ohio State University, Rutgers University and the Federal Reserve in Chicago, MarketWatch reported.

 
Dec 01, 2017 12:30 PM

Keeping Inflation Below 2 Percent is Major Fed Challenge, Yellen Says

Third quarter core inflation was 1.3 percent, up from 0.9 percent the second quarter, and keeping inflation under 2 percent is one of the Fed's biggest challenges, outgoing Federal Reserve Chair Janet Yellen told a New York University audience Nov. 21, MarketWatch reported.

 
Nov 17, 2017 08:00 AM

Appraisal Institute Seeks Presentation Proposals for 2018 Annual Conference

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, is accepting proposals by Dec. 1 – just two weeks away – for presentations at the organization’s 2018 Annual Conference, July 30-Aug. 1, at the JW Marriott in Nashville, Tennessee.

 
Nov 10, 2017 08:00 AM

Appraisal Institute Premieres Land Valuation Seminar

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a seven-hour educational seminar on land valuation issues today in Chicago.

 
Nov 08, 2017 12:30 PM

Airbnb Drives Up Rents, Home Prices, Research Shows

Home-sharing service Airbnb contributes to an increase in both rents and home prices by making it financially viable for homeowners to refrain from selling their house or finding a long-term renter, further reducing the already limited supply of available properties, according to researchers at UCLA, MarketWatch reported Oct. 31.

 
 
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