In a recent episode of the HousingWire Daily podcast, Editor in Chief Sarah Wheeler sits down with Bill Emerson, president of Rocket Companies, to discuss its recent lawsuit against the U.S. Department of Housing and Urban Development (HUD) and the principle of appraisal independence for lenders. This conversation has been edited for length and clarity….
"December 2024" Archives
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Leslie Meaux Pordzik, who serves as senior vice president for the Office of Issuer and Portfolio Management at Ginnie Mae, will retire from the government-owned corporation on Dec. 27, marking the conclusion of a 36-year career in the mortgage finance industry. Pordzik has spent the past 13 years at Ginnie Mae, having overseen more than…
The combination of the 2024 presidential election, anticipated future rate cuts, mortgage rate volatility and housing affordability challenges have led more potential homebuyers to stay on the sidelines. But a new report from Zonda says that after the election, consumers have started to regain their confidence in home shopping. The New Home Market Update from…
The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August, are largely unchanged from the initial draft. They are designed to “support equitable housing access…