Tuesday , 24 November 2020

Buzz Feed

Top 30 Companies in Mortgage and Servicing—Part 6

Editor’s note: This story originally appeared in the November edition of MReport, out now.    Fannie Mae Headquarters: Washington, D.C. Contact: 800.232.6643; FannieMae.com Leadership: Hugh R. Frater, CEO; David Benson, President; Celeste Brown, EVP and CFO; Andrew Bon Salle, EVP, Single-Family Business; John Forlines, SVP and Chief Risk Officer About: The Federal National Mortgage Association, more commonly known … The post Top 30 …

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Federal Economic Policy Could Push Housing Market to ‘Extremes’

The seeming disconnect between the economic tumult created by the COVID-19 pandemic and the record-high levels for the Dow Jones Industrial Average and the S&P 500 Index can be explained when held up against the performance of the mortgage market, according to an op-ed piece authored by Brian Chappatta, a columnist with Bloomberg. Chappatta observed … The post Federal Economic …

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Could Fed Policy Inadvertently Disrupt the Housing Market?

The seeming disconnect between the economic tumult created by the COVID-19 pandemic and the record-high levels for the Dow Jones Industrial Average and the S&P 500 Index can be explained when held up against the performance of the mortgage market, according to an op-ed piece authored by Brian Chappatta, a columnist with Bloomberg. Chappatta observed … The post Could Fed …

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Home Values Experiencing A Record-Breaking Rise

According to Zillow’s latest Real Estate Market Report, increased competition among American homebuyers, coupled with a continued short supply of home inventory, is causing home values to skyrocket at a record pace. Specifically, the experts at Zillow report that home values have risen an impressive 1% since September (now up to an average of $262, … The post Home Values …

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Forbearance Volumes Change Course

After falling by 273,000 or 9% over the past two weeks, forbearance volumes edged upward this week. Data collected by Black Knight through November 17 showed that about 5.2% of all active mortgage loans nationwide are in forbearance programs—that’s about 2.77 million. The number is significantly lower than last spring’s peak, which was 4.76 million … The post Forbearance Volumes …

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Availability, Equality Central to Housing Advocates’ Agenda

Housing equality—along with vanquishing systemic barriers and the creation of additional homes—is front and center for a campaign called Up for Growth Action, a 501(c)(4) federal pro-housing legislative advocacy campaign pushing for pro-housing policies at the federal level, according to Upforgrowth.org. Up for Growth Action is unique, according to its operators, in that it is the … The post Availability, Equality …

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Social Welfare Group Pushes for Immediate Pro-Housing Policy

Housing equality—along with vanquishing systemic barriers and the creation of additional homes—is front and center for a campaign called Up for Growth Action, a 501(c)(4) federal pro-housing legislative advocacy campaign pushing for pro-housing policies at the federal level, according to Upforgrowth.org. Up for Growth Action is unique, according to its operators, in that it is … The post Social Welfare …

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Top 30 Companies in Mortgage and Servicing—Part 5

Editor’s note: This story originally appeared in the November edition of MReport, out now.  RCN Capital Headquarters: South Windsor, CT Contact: 860.432.5858; RCNCapital.com Leadership: Jeffrey Tesch, CEO; Justin Parker, SVP, Treasury & Capital Markets; Deborah Ordille, VP of Lending About: RCN Capital is a national, direct, private lender. RCN provides commercial loans for the purchase or refinance … The post Top 30 …

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