A weekend topic starting with Market Watch. "There’s new hope to phase out Fannie Mae and Freddie Mac from the housing sector, a Heritage Foundation research fellow said at the annual Conservative Political Action Conference. Heritage’s Joel Griffith said while…
A reort from the Wall Street Journal. "The mortgage-market slowdown is stirring up interest in a humdrum segment of American home lending: the rights to the arcane task of handling monthly payments. Sales of so-called mortgage-servicing rights jumped 14% in…
A report from the Tampa Bay Times in Florida. "Homebuilding giant Lennar Corp. and its Clearwater-based mortgage subsidiary made loans to unqualified buyers and violated federal laws, a former employee alleges. In a lawsuit filed in Pinellas County Circuit Court,…
A report from Bloomberg. "Sentiment among U.S. homebuilders fell in December to the lowest level since 2015, missing all forecasts and signaling that the industry's struggles are intensifying amid elevated prices and higher borrowing costs." "The National Association of Home…