Category Archives for "Analysis and Data"

“Exploring the Current Trends and Future Prospects in the Mortgage Industry: An In-depth Analysis”

Could it be merely a figment of my imagination or have eateries ceased to provide salt and pepper shakers on their tables in the aftermath of COVID? Similarly, do entities whose acronyms start with ‘N’ find it challenging to maintain consistent leadership? Back in August 2023, NAR had a change in headship, followed by the NRA last week, and now again NAR is facing a similar situation with Tracy Kasper stepping down due to blackmail allegations. Meanwhile, in real estate developments, it’s intriguing to observe how Zillow, the conglomerate also managing Zillow Home Loans, is filing a lawsuit against its competitors over property-viewing scheduling software – a stark reminder that anybody can be sued. Switching over to agency updates, Freddie Mac (FHLMC) and Fannie Mae (FNMA) continue to be the leading recipients of applications from loaners. So what’s new regarding their standard conforming commodities? Fannie Mae’s SVC-2023-06 December Servicing Guide sheds light on the periodic amendments to financial reporting rules for significant non-depository vendors/service providers and other varied updates. To equip financers with the latest tools, Fannie Mae and Freddie Mac are rolling out updates for Uniform Loan Delivery Dataset (ULDD) Phase 5, replete with an enhanced extension schema and updated FAQs. The December Appraiser Quality Monitoring (AQM) list has been released by Fannie Mae. Pennymac’s 23-89 announcement addresses Fannie Mae’s SEL-2023-09, which is pertinent to updates on Rental Income and Self-Employed Borrowers.

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