FHFA reports January home prices up 5.2% annually

Reading Time: < 1 minuteAccording to the Federal Housing Finance Agency (FHFA), home prices across the United States rose 5…. Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
New-home sales see monthly dip in February after strong start to year

Reading Time: 2 minutesFollowing a January that saw the highest rate of new-home sales since 2007, new-home sales dipped in… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
FHFA tells GSEs to grant flexibilities for appraisal requirements, employment verification

Reading Time: 2 minutesThe Federal Housing Finance Agency (FHFA), along with the two government-sponsored enterprises (GSEs… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Big jump in existing-home sales during February

Reading Time: 2 minutesExisting-home sales saw a big February jump, rising 6.5% from January to a seasonally-adjusted rate … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, March 16-March 20
Reading Time: 5 minutes Bischoping Software fintech Finastra has appointed Gary E. Bischoping Jr. as chief financial … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
FHFA, HUD suspend foreclosures, evictions for government-backed mortgages

Reading Time: 2 minutesWith coronavirus cases spreading through the United States and many Americans feeling the economic i… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
February housing starts slip, though less than expected

Reading Time: 2 minutesHousing starts dropped in February to a seasonally adjusted annual rate of 1.599 million, according … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Builder confidence down but solid as risks loom on horizon

Reading Time: 2 minutesThe latest Housing Market Index (HMI) jointly released by the National Association of Home Builders … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
As coronavirus spreads, Fed slashes interest rates to nearly zero

Reading Time: 2 minutesHousing experts expect mortgage interest rates to fall even further in the wake of the Federal Reser… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Commercial/multifamily mortgage debt grows by largest amount since recession

Reading Time: < 1 minuteNew data from the Mortgage Bankers Association (MBA) revealed that commercial and multifamily mortga… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in