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• Fannie and Freddie need “significant capital” to leave conservatorship, Mnuchin says December 2, 2020
  In a hearing before the House Financial Services Committee, Treasury Secretary Steven Mnuchin said no definite plans have been made for the future of Fannie Mae and Freddie Mac, but discussed the idea that they could be released from conservatorship before their full capital levels are reached. The post Fannie and Freddie need “significant capital” […]
• Finance of America reports record third quarter as it gears up for IPO December 2, 2020
  Blackstone Group-controlled Finance of America posted record margins and originations in the third quarter, ahead of its public offering via a blank check company in 2021. The post Finance of America reports record third quarter as it gears up for IPO appeared first on HousingWire.
• A look at Nevada’s exploding housing market December 2, 2020
  Low taxes, plenty of sunshine and ample living space are certainly draws for movers looking to escape the financial squeeze of California, New York and more expensive states, but Nevada has additional attractions, local Realtors said. HW+ Premium Content The post A look at Nevada’s exploding housing market appeared first on HousingWire.
• FHFA extends foreclosure and eviction moratorium to Jan. 31 December 2, 2020
  The Federal Housing Finance Agency extended its moratorium on foreclosures and evictions for borrowers with mortgages backed by Fannie Mae and Freddie Mac until Jan. 31. The post FHFA extends foreclosure and eviction moratorium to Jan. 31 appeared first on HousingWire.
• UWM now offering ultra-low mortgage rates on FHA loans December 2, 2020
  Ahead of its initial public offering, United Wholesale Mortgage is offering mortgage rates below 2% on FHA loans through its Conquest Program. The post UWM now offering ultra-low mortgage rates on FHA loans appeared first on HousingWire.
• FHA raises loan limit by nearly $25,000 for 2021 December 2, 2020
  Given massive year-over-year gains in home prices, the Federal Housing Administration (FHA) is raising its 2021 loan limit in most of the U.S. to $356,362. The post FHA raises loan limit by nearly $25,000 for 2021 appeared first on HousingWire.
• How 2020 raised the stakes for the mortgage industry December 2, 2020
  Digital mortgage isn't a marketing strategy anymore; the reliance on technology has become critical due to COVID-19 and health risks. The post How 2020 raised the stakes for the mortgage industry appeared first on HousingWire.
• Why are sellers sitting on the housing market sidelines? December 2, 2020
  Why aren’t more homeowners selling in this hot housing market? According to new research from Zillow, a number of factors are at play. The post Why are sellers sitting on the housing market sidelines? appeared first on HousingWire.
• The housing market outlook for 2021 December 2, 2020
  After an unprecedented year, MBA Chief Economist Mike Fratantoni says there's no place like home. Here is his 2021 housing market forecast. The post The housing market outlook for 2021 appeared first on HousingWire.
• Holiday week sees drop in mortgage applications December 2, 2020
  Mortgage applications decreased 0.6% during the week of Thanksgiving, the Mortgage Bankers Association reports in its latest weekly survey. The post Holiday week sees drop in mortgage applications appeared first on HousingWire.