FHFA issues final rule on commingled securities for GSEs

The Federal Housing Finance Agency (FHFA) on Tuesday published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework (ERCF) for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.The final rule is primarily related to guarantees on commingled secu
Read MoreRocket TPO announces a 25 bps credit on non-owner-occupied agency loans

Rocket Pro TPO, the wholesale arm of Rocket Mortgage, announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency mortgages for non-owner-occupied homes. The announcement, made via social media by Mike Fawaz, executive vice president at Rocket Pro TPO, states that for
Read MoreUS annual rent growth slows for the 17th straight month in September: CoreLogic

Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three years. That’s according to CoreLogic’s Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan area
Read MoreHave we finally hit the bottom in existing home sales?

Has the epic crash in existing home sales finally found a workable bottom to rise from? The 10-year yield will be our guide, as I discussed on CNBC very early in 2023. Where the 10-year yield goes, so goes housing! I say this because of the slow dance between the 10-year yield and 30-year mortgage r
Read MoreAttom appoints new chairman of the board

Attom Data Solutions has appointed Ned Stringham to the role of chairman of the board. His addition expands the board to six members. The property data provider also promoted Ana Flor and Kara Taylor to the positions of chief people officer and chief marketing officer, respectively. Before the promo
Read MoreCMG Financial adds Shamrock’s $300M-plus origination team

California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England.That’s not the first addition to CMG this year. In March, the company struck a deal to acquire Homebridge Financial Services‘s retail divisi
Read MoreHome prices will fall in 2024: Morgan Stanley

Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home prices continued to climb. Next year, however, is shaping up to be better, according to Morgan Stanley. Analysts at the firm say that in 2024 the U.S. wi
Read MoreExisting-home sales have nowhere to go but up in 2024?

Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010.Existing-home sales dropped 4.1% in October from the prior month, reaching a seasonally adjusted annual rate of 3.79 million, according to the National Assoc
Read More6 ways real estate agents can use AI to become the ultimate authority

You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate agents too? That’s right! Artificial Intelligence (AI) is your secret sauce to becoming the ultimate authority in the real estate world. In this article, we’re going to dive i
Read MoreHousingWire Magazine: October/November 2023

HousingWire Editor in Chief Sarah Wheeler and Brena Nath, director of HW+ and events at HousingWire.On HousingWire branding calls earlier this year, someone asked us what our tagline, “Moving Markets Forward,” means to me. Having referred to this phrase for over 10 years, the explanation we’ve used
Read More5 Things To Watch For In Manhattan Real Estate Heading Into 2024

Given its relative importance, here are five critical areas or factors poised to influence the Manhattan real estate market in the upcoming months.
Read MoreSix Wellness-Related Bathroom Design Trends For 2024

Here are six of the wellness-related emerging trends cited in the responses, with emailed insights from NKBA member designers who had a chance to review the report and...
Read MoreHousing inventory is seeing unusual gains in November. Should we be worried?

Last week, I asserted that housing inventory growth had finished for the year. Turns out I was wrong!This week, the available inventory of unsold single-family homes crept up minimally. It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panickin
Read MoreTracy Kasper officially installed as NAR’s new president

The National Association of Realtors officially installed its new leadership team for 2024 at the trade organization’s annual conference, NAR NXT, in Anaheim, California, last week. Tracy Kasper was sworn in as the new president during the event, but she assumed the role in August 2023 (three months
Read MoreOpinion: Brokerage economics and the $1.8B damages in the commission lawsuit

While reading about the $1.8 billion dollar damages claim assessed against the National Association of Realtors, Keller Williams and HomeServices, I wondered what impact this could have economically on the industry. I decided to break down the numbers and look at brokerage economics. Last year, nati
Read MoreAmerican Pacific Mortgage names Bill Lowman chairman of the board

California-based retail lender American Pacific Mortgage (APM) has named vice chairman Bill Lowman as its chairman of the board, succeeding APM founder Kurt Reisig. Lowman will continue his daily work as an adviser to the APM senior management while more fully guiding the company through his work on
Read MoreDepartment of Veterans Affairs pauses VA loan foreclosures for 6 months

The Department of Veterans Affairs (VA) is pausing foreclosures on homes financed with VA loans for six months to help military borrowers in danger of losing their homes, a department spokesperson said in a statement to HousingWire on Monday.The Veterans Assistance Partial Claim Payment program — w
Read MoreCourt approves Anywhere, RE/MAX commission lawsuit settlements

RE/MAX and Anywhere Real Estate can breathe a sigh of relief. The two corporate brokerages have received preliminary approval of their settlement agreements in the Sitzer/Burnett, Moehrl and Nosalek commission lawsuits. Judge Stephen Bough, who oversaw the Sitzer/Burnett trial last month in Missouri
Read MoreShow Your Appreciation With These Thoughtful Host And Hostess Gifts

These thoughtful gifts espress your gratitude - and your good taste. We've rounded up an assortment of host and hostess gifts for every type of person.
Read MoreOpinion: Sitzer/Burnett decision presents an uncertain future for buyer agents

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. The Sitzer/Burnett trial out of Kansas City found the National Association of Realtors (NAR) guilty of conspiring to inflate agent commissions — sparking a debate over agent commission fee
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