Rocket Mortgage, the nation’s largest lender, has sued the U.S. Department of Housing and Urban Development, saying its reputation was sullied by a Justice Department lawsuit over appraisal bias, and that it should not have been included in the firs
lucky slot Mortgage Regulators Are Shrugging Off Climate Risk. It Could Cost Taxpayers Billions.
2024-12-11As sea levels rise and natural disasters become more intense, homes in low-lying coastal areas or tinder-dry mountains are starting to lose value. That’s a problem for the finances of Fannie Mae and Freddie Mac, the government-sponsored enterprises
Rafael Corrales, a real estate agent in Miami, recently showed houses to a young couple hoping to move from a rental into a home. They had been lured to the market after hearing that mortgage rates had come down. But when the couple went to get appr
Mortgage rates have fallen to their lowest level in more than a year, a balm for prospective home buyers and sellers in a challenging real estate market. The average rate on 30-year mortgages, the most popular home loan in the United States, dropped