Top execs at Freddie Mac, FHFA fired: report

The news was first reported by Semafor reporter Eleanor Mueller on social media platform X as well as in a report on Politico. Politico reported the findings based on three people with knowledge of the situation who requested anonymity to discuss sensitive personnel matters. No other details were reported, but

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HUD rescinds appraisal review policies

Garber added that “the most pressing concern for appraisers remains the resolution of fair housing claims by the U.S. Department of Housing and Urban Development (HUD).”   “(The claims) carry significant professional and legal consequences,” he said. “We urge HUD to provide a clear path to resolution and a fair,

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Disaster recovery for mortgage servicers: Navigating crisis with compliance & resilience

Proactive communication: Keeping borrowers informed and supported When disaster strikes, borrowers need clarity – not confusion. Servicers must act fast, delivering real-time updates on loan statuses, forbearance options, insurance claims and other relief programs. Clear, proactive communication builds trust and ensures homeowners understand their options. Properly managing partial payments and

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eXp World Holdings names Jesse Hill as interim CFO

Hill is a veteran finance leader in the real estate industry. He currently serves as vice president of international finance and corporate financial planning and analysis at eXp Realty. During Hill’s tenure, eXp World Holdings will continue its search for a new CFO. Cheng will remain in an advisory role

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Existing-home sales jump as the winter freeze thaws

hose hoping to see sales move higher face a familiar obstacle — high mortgage rates and home prices. NAR reported that the median home price in February landed at $398,400, a 3.8% year-over-year gain. It’s the 20th consecutive month of year-over-year increases. “Mortgage rates continue to matter for home shoppers,”

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