by mdibrino@hqmloans.com | May 1, 2023 | Uncategorized
But in the process, the rate hikes typically lead to higher costs for many loans, from mortgages and auto purchases to credit cards and corporate borrowing, and heighten the risk of a recession. Most economists foresee a recession this year as a consequence. However,...
by mdibrino@hqmloans.com | May 1, 2023 | Uncategorized
It also points to the need for stronger standards applied to a broader set of firms, including more stringent stress testing and liquidity requirements, which could include additional capital or liquidity requirements, or limiting share buybacks, dividend payments, or...
by mdibrino@hqmloans.com | May 1, 2023 | Uncategorized
The Federal Housing Finance Agency made these changes to provide equitable and sustainable access to homeownership and shore up capital at Fannie Mae and Freddie Mac. Last October, the Housing Finance Agency eliminated fees for conventional loans for about 20% of...
by mdibrino@hqmloans.com | May 1, 2023 | Uncategorized
Patti Brown-Wright, President of Columbus Realtors, noted that while rising home prices could pose challenges for potential buyers, Columbus remains one of the most affordable metropolitan areas in the US. Brown-Wright said, “Home prices continue to tick up each month...
by mdibrino@hqmloans.com | Apr 28, 2023 | Uncategorized
The days for that “sweet spot” are numbered. You could also call it a rate hack Nate Fain, branch manager at UMortgage in Pensacola, Fla., echoed Richardson’s assessment of the changes to the Fannie Mae and Freddie Mac single-family pricing frameworks, which take...
