Fannie and Freddie representatives gave attendees at the MISMO Winter Summit a better sense of the timeline for fully implementing UAD 3.6 and UCD 2.0.
Thom Malone, principal economist at Cotality, said in a report that investors are waiting until a home has been sitting on the market so they can negotiate a lower price.
The Federal Housing Finance Agency, under the leadership of Bill Pulte, has made at least three criminal referrals to the DOJ about mortgage fraud, involving two Democrats.