May 2026

Northeast, West Coast make up the hottest rental markets

The Northeast and West Coast make up most of the top rental markets this summer, as was the case for the top housing markets in 2026. Processing Content Providence, Rhode Island, headed Zillow’s hottest rental markets list, beating out New York and San Francisco, the company announced in a press release Monday. Hartford, Connecticut, Los […]

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Ginnie Mae President Joseph Gormley

Ginnie Mae foresees a day when FHA waterfall impacts end

Eric Lee/Bloomberg Ginnie Mae and Federal Housing Administration officials acknowledged concerns about a surge in delinquencies stemming from an FHA rule change, indicating they do foresee a date when it ends. Processing Content Pressure appears to be on track to let up later this year, Ginnie President Joseph Gormley told attendees at the Mortgage Bankers

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Judge OKs Wells Fargo’s $100 million mortgage borrower fund

Wells Fargo will fund a new $100 million mortgage borrower assistance fund, following a federal judge’s final approval of a large settlement agreement.  Processing Content U.S. District Judge Trina Thompson OK’ed the terms last week, which resolved some longstanding claims regarding the bank’s alleged discriminatory hiring and lending practices. The agreement also includes a $10

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