Home prices grew modestly in May, while inflation continued to surge, according to two home price indicators. Processing Content The FHFA reported a 0.3% monthly increase from April to May and a 2.2% annual rise. Similarly, the S&P Cotality Case-Shiller home price index posted a 1.1% annual gain and a 0.9% monthly increase from April. […]
May home price gains split by region; LOs should look east Read More »
The Congressional Budget Office’s latest forecast for loan and guarantee program costs highlights some of the reasons the Trump administration has considered selling off a minority equity interest in two government-sponsored enterprises held in conservatorship. Processing Content The forecasts for lifetime costs starting next year shows Fannie Mae and Freddie Mac’s guarantees have value in
New expense projections could revive interest in GSE reform Read More »
National lender and servicer Newrez reported positive earnings and touted opportunities amid ongoing economic volatility, as its leadership sees potential growth in new lending products and savings from artificial intelligence investments. Processing Content With rising interest rates throughout the quarter dimming early-year enthusiasm for a significant bump in lending volumes, the company found itself able
Newrez sees AI investments, new loan products fueling growth Read More »