Less than 4 days after being confirmed as head of the mortgage giants' federal regulator, housing scion Bill Pulte fired 14 board members and made himself the chair of both companies
Omeed Malik, founder of investment bank Farvahar Partners and venture capital firm 1789 Capital, is a business partner of Donald Trump Jr. and is also said to be a 'close friend'
Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program
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Demand for purchase mortgages has been stronger than a year ago for more than 2 months as mortgage rates stay well below 2025 highs seen in January, MBA lender surveys show
More agents say their clients are successfully negotiating lower commissions than they've traditionally earned, according to preliminary results from the latest Inman Intel Index survey
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Five years after the arrival of COVID in the US, 94% of Gen Z and 86% of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor
Flood of orders published without explanation on social media target programs and practices designed to boost lending in minority communities, protect borrowers from deceptive practices
Cutting the mortgage giants' $806.5K conforming loan limit could relieve pressure on home prices, but leave more homebuyers seeking jumbo mortgages at higher rates from private lenders
Some experts are intrigued by the idea floated by Treasury Secretary Scott Bessent, saying it could help put the mortgage giants on sound footing without boosting mortgage rates
Lenders are no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a 'reconsideration of value'
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Among those dismissed were Freddie Mac CEO Diana Reid and Head of Human Resources Dionne Wallace Oakley. FHFA COO Gina Cross and HR Director Monic Matthews were placed on leave
As buyers cautiously reentered the market, existing-home sales rose 4.2% from January to 4.26M, according to data released Thursday by NAR. Compared to last year, sales remained down by 1.2%