Mortgage rates mixed
The rate for a 30-year fixed-rate mortgage averaged 6.86% this week, down slightly from last week when it averaged 6.87%.
Mortgage
FHFA announces first members of affordable housing advisory committee
FHFA announced the inaugural members of its Advisory Committee on Affordable, Equitable and Sustainable Housing.
OCC releases mortgage performance report for Q1 2024
The OCC released the first quarter 2024 mortgage metrics report, which showed that 97.4% of first-lien mortgages in the federal...
FHFA approves Freddie Mac pilot to purchase second mortgages
FHFA announced that it had granted conditional approval to a Freddie Mac pilot program to purchase single-family, closed-end second mortgages...
ABA, associations urge FHA to suspend cyber incident reporting requirement
ABA and two other associations requested that the FHA suspend a new policy requiring approved lenders to report a “significant...
Mortgage rates decline
The rate for a 30-year fixed-rate mortgage averaged 6.87% last week, down from the previous week when it averaged 6.95%.
Podcast: A bank CEO’s front-seat view of risk, survival and recovery
Brent Beardall thinks bankers need to be more comfortable with risk "We're not out there taking crazy risk, but my...
OCC, FDIC adopt final rule on automated valuation models
The OCC and FDIC finalized a rule to regulate the credibility of algorithmic models used in real estate valuations, part...
Mortgage rates continue drop
The rate for a 30-year fixed-rate mortgage averaged 6.95% last week, up from the previous week when it averaged 6.99%.
FHFA seeks input on proposed 2025-2027 Duty to Serve Underserved Markets Plans
Statute requires the Fannie and Freddie to serve three specified underserved markets: manufactured housing, affordable housing preservation and rural housing.
