There's nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie's regulator
FHFA acting Inspector General John "Joe" Allen is set to be fired, Reuters reports, and the position is now vacant as the mortgage giants move toward a public offering
by Matt Carter Nov 5
New Fannie, Freddie housing goals may hurt working families
A coalition of groups has warned that the Trump administration's goals for the mortgage giants will leave up to 177K lower income homebuyers looking elsewhere for a loan
by Matt Carter Nov 4
Embattled Fed Governor Lisa Cook says tariffs fueling inflation
In her first public speech since President Trump’s attempt to remove her, the economist says she expects a 'one-time increase' in prices, with inflation trending back toward the 2% target
by Matt Carter Nov 3
More problems for homebuyer as government shutdown hit 30 days
Fannie and Freddie will want government employees to show they have reserves, and some homeowners are now outside 30-day grace period for National Flood Insurance Program renewals
by Matt Carter Oct 31
Fannie Mae guts ethics and internal investigations unit: WSJ report
A dozen officials in Fannie Mae's ethics and internal investigations unit were among 62 people fired on Thursday, 'The Wall Street Journal' reports, citing anonymous sources
by Matt Carter Oct 31
Fannie and Freddie build net worths for planned Q2 2026 public offering
For the real estate and mortgage industries, it remains to be seen how the new course the Trump administration has set for Fannie and Freddie will impact homebuyers
by Matt Carter Oct 30
AI expert: Agents must harness AI or be replaced by those who do
Use existing artificial intelligence to your advantage, Kevin Hawkins writes in his new book. ‘You don't have to worry about AI replacing you. You have to worry about agents using AI replacing you’
by Taylor Anderson Oct 30
Mortgage rates spike as Powell warns December rate cut is iffy
After the Federal Reserve approved the second rate cut of the year, mortgage rates moved in the opposite direction as investors who fund most home loans worry about inflation
by Matt Carter Oct 29
Lower mortgage rates spur homebuyers, but mostly refis
Rates on 30-year fixed-rate mortgages hit another 2025 low on Tuesday, dropping to 6.12%, nearly a full percentage point lower than January. Rates now have less room to come down
by Matt Carter Oct 29
Letitia James pleads not guilty, seeks dismissal of fraud case
James' attorneys will argue that she is a victim of vindictive prosecution and that Lindsey Halligan, the lone U.S. attorney who signed her indictment, was appointed illegally
by Matt Carter Oct 24
More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
Economists with the mortgage giant shared a glimmer of good news for real estate professionals in a pair of new forecasts
by Taylor Anderson Oct 24
pros and cons of AI for real estate
As artificial intelligence remakes plans and processes, Carl Medford writes, it's important to be transparent about how you use it to serve real estate clients
by Carl Medford Oct 23
Fannie Mae CEO is out, mortgage giant says in surprise announcement
Fannie Mae CEO Priscilla Almodovar was replaced on an interim basis by COO Peter Akwaboah. FHFA Director Bill Pulte fired Freddie Mac CEO Diana Reid in March after board shakeup
by Matt Carter Oct 22
Mortgage rates just hit a new 2025 low. They might be stuck there.
MBA forecasts rates will probably stay right where they are now in 2026, as investors have already priced in future Fed rate cuts. But look for 3 years of steady growth in home sales ahead
by Matt Carter Oct 22
2025 a banner year for mortgage deregulation and legislation
'We don’t just have a seat at the table,' Mortgage Bankers Association CEO Bob Broeksmit told members in Las Vegas. 'We’re near the head of the table — and we’re speaking loud and clear'
by Matt Carter Oct 20