Tagged: Housing and Finance News

Discussions have begun between the two agencies regarding a move to a new rate index. Find out the latest details here. The post Ginnie Mae, HUD Moving to New Rate Index? appeared first on theMReport.com.

Wells Fargo to pay $17 million to Illinois pension funds over crisis-era mortgage bonds   Wells Fargo will pay more than $17 million to a series of Illinois pension funds after settling with the state over the bank’s “misconduct in its marketing and sale of risky residential mortgage-backed securities leading up to the 2008 economic […]

Rising interest rates not holding back Millennial homebuyers   Although housing prices and interest rates are still rising at a faster pace in 2018 than they have in previous years, those trends are not yet stopping Millennials from purchasing homes and putting down roots. They are, however, taking out lower purchase loan amounts.

Freddie Mac: Mortgage rates finally fall   After weeks of moderation, mortgage rates have finally fallen, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said mortgage rates declined this week amid a steep sell-off in U.S. stocks

Only two mortgage lenders won Glassdoor’s 2019 Best Places to Work award   Glassdoor recently announced the winners of its 2019 Employees’ Choice Awards for the Best Places to Work. While several real estate companies made an appearance on the list, only two mortgage lenders made the cut. That’s right, just two. These two.