Author: Michael Gersitz

Former Vice President Joe Biden has proposed a $15,000 tax credit to help first-time homebuyers purchase a property. As is typical for campaign proposals from either party, the details remain to be fleshed out. And before any tax credit would

In honor of the 2020 HW Insiders list that was announced on Monday exclusively for HW+ members, HousingWire interviewed Dean Kirchen, senior vice president of WFG Default Services at WFG National Title Insurance Company, to get his insight on the

The Zillow listing for 3913 Pirates Beach Circle in Galveston, Texas highlights the “incredible water views of Marina Boulevard Lake,” and praises the home’s recently remodeled kitchen and original hardwood floors. For just $244,000, the waterfront home is “a must

It was almost midnight on Aug. 12, when Matt Rasetta received a text message from one of his loan officers: Fannie Mae and Freddie Mac had just announced a 0.5% adverse-market fee. The owner of Superior Rate Mortgage of New

The Federal Housing Finance Agency announced on Wednesday that Fannie Mae and Freddie Mac would continue to buy qualified loans in forbearance until Sept. 30, extending the previous deadline of Aug. 31. The GSEs will also extend other loan flexibilities

As the nation grapples with the effects of an ongoing pandemic, Mother Nature has shown little mercy as wildfires have been burning in parts of Northern California since last week and residents of the Gulf Coast face evacuation orders with

Under normal circumstances, the disastrous economic consequences of the COVID-19 pandemic would lead us to expect a massive wave of foreclosures.  Since the beginning of the pandemic, the country entered a recession and the GDP is expected to fall by

MAXEX, which last month re-introduced its Jumbo Express loan program, announced today that it is has been approved as a direct seller to Fannie Mae and is expanding its conforming loan program. MAXEX’s Chairman and CEO Tom Pearce announced the

As fires and a hurricane threaten communities across the U.S. this week, residents of low-income housing are at an especially high risk of financial and other loss resulting from the natural disasters, the Urban Institute has shown. For one community

The last two times Fannie Mae and Freddie Mac instituted an adverse-market fee to compensate for a riskier lending environment, during the run-up to the financial crisis more than a dozen years ago, lenders got plenty of warning. The announcements