A closer look at mortgage closing costs with BAC’s chief advocacy officer

Brendan McKay talks title insurance, FICO scores and other rising expenses
Homebuyers saw housing payments inch up in May

But home affordability increased in the past year as median earnings rose and overall payments fell
30-year mortgage rates dip below 6.8%: Freddie Mac

The 15-year rate also saw modest declines this week
Fannie and Freddie may consider cryptocurrencies for single-family loan assessments

FHFA Director Bill Pulte made the bombshell announcement in a social media post
First American Title co-president leaves the company in sudden shake-up

No reason was provided for Kevin Wall’s abrupt exit
Is 45 the new 30 for measuring homebuyer affordability?

The ‘30% rule’ may be a thing of the past
HUD moves to level multifamily mortgage insurance premiums, end green housing mandate

The Mortgage Bankers Association praised the move, saying it will improve rental affordability
Making sense of the Fannie Mae and Freddie Mac privatization rumors

A Q&A with Marty Green of Polunsky Beitel Green LLP
House takes ‘a decisive step to protect consumers’ targeting trigger leads

No opposition as H.R. 2808 moves Congress one step closer to protecting against unwanted calls and messages
Another Fed governor voices support for potential July rate cut

Michelle Bowman is in favor of a rate cut as long as inflation pressures remain contained