NEW 5 STAR REVIEW!!

“I cannot say enough about Beth Mann! She is the best! She handled a short sale for me. If it weren’t for Beth and her staff, the deal would not have happened! Beth and her staff are tremendous! Beth will fight until it gets done.” Marianne C. Advertisements

Borrowers Look to Borrow More Time from GSEs by David Wharton

The Federal Housing and Finance Agency (FHFA) today released its latest Foreclosure Prevention Report, covering the month of August 2017. Released monthly, the Report tracks foreclosure prevention actions undertaken by Fannie Mae and Freddie Mac. In August 2017, the Enterprises completed 15,298 foreclosure prevention actions. That brings the grand total to nearly 4 million—3,960,367—since the … More Borrowers Look to Borrow More Time from GSEs by David Wharton

Indictment Returned for Foreclosure Auction Rigging

Recently, a federal grand jury in West Palm Beach indicted three investors for conspiring to rig bids on foreclosures submitted through an online auction portal, according to the Department of Justice (DOJ). The charges were filed by DOJ’s Antitrust division against Avi Stern, Christopher Grave, and Stuart Hankin, with the conduct alleged to have taken … More Indictment Returned for Foreclosure Auction Rigging

Did Affordable Housing Performance Meet its Goals? by Nicole Casperson

On Monday, the Federal Housing Finance Agency (FHFA) released its Annual Housing Report, reporting data on the affordable housing activities of the enterprises, Fannie Mae and Freddie Mac, during 2016. Based on Fannie Mae’s single-family housing goals and performance results for 2016, according to the FHFA, Fannie Mae achieved the single-family low-income home purchase goal … More Did Affordable Housing Performance Meet its Goals? by Nicole Casperson

Stat Insight: Home Prices Lead in the West by Dean Terrell

According to August data from the Federal Housing Finance Agency’s (FHFA) House Price Index released Wednesday, U.S. home prices rose 0.7 percent compared to last month. The 0.2 percent increased previously reported in July was changed upward to 0.4 percent. Seasonally adjusted monthly price changes from July 2017 to August 2017 for the nine census … More Stat Insight: Home Prices Lead in the West by Dean Terrell

Refinancing Share at Early 2017 Levels by Jann Swanson

Refinancing increased its share of total originations in September, rising 3 percentage points from August to 38 percent of all closed loans.  Ellie Mae, in its Originations Insight report says the refinance share was the highest since February and set forth two possible reasons.  First, interest rates on closed loans during the month dipped to … More Refinancing Share at Early 2017 Levels by Jann Swanson