HousinGwire – Trump is victorious. Will mortgage rates go to 8%?
Expectations of higher government spending under Trump have driven up the 10-year Treasury yield. Mortgage rates are expected to follow.
CHLA in the News
Scotsman Guide – Freddie Mac pilot offering alternative to loan repurchases gets expanded
FHFA touts move as next step in addressing lender concerns about elevated repurchases
The Mortgage Note – Op-Ed: The Credit Scoring Cartel That’s Cornering The Mortgage Industry
Unbeknownst to many, there’s another factor significantly contributing to the housing affordability crisis in this country – it’s called the credit scoring industry.
Scotsman Guide – Mortgage industry concerns on FICO score prices echoed by Congress
With credit score prices anticipated to rise, legislators join lending industry in speaking up
National Mortgage News – FICO predicted to hike costs for mortgage credit scores by up to 50%
“We’re astounded, but unfortunately, not surprised that Fair Isaac Corp. is continuing to use its raw monopoly power to extract more money from the pockets… Read More »National Mortgage News – FICO predicted to hike costs for mortgage credit scores by up to 50%
RisMedia – Future of GSEs: How Fannie, Freddie Privatization Might Shake Out Under a Second Trump Term
The privatization of Fannie Mae and Freddie Mac has been a hot topic of debate for years—but what would it mean for the industry?