The sale of these loans is intended to reduce the number of seriously-delinquent loans owned by Fannie Mae and to help stabilize neighborhoods and to help meet the portfolio reduction targets required under the Senior Preferred Stock Purchase Agreement with the United States Treasury.

Twenty-eight states had significant year-over-year increases in non-farm payroll employment in February.

Quicken Loans’ National Home Value Index (HVI) measured appraisal and found that values rose 0.55 percent in February, and 2.95 percent year-over-year.

Following the peak in 2010, foreclosures began to steadily decline year by year, dropping by 100,000 per year through 2016.

As the new administration looks to reform the Consumer FInancial Protection Bureau, the bureau is brought further into the public eye.

Since 2009, delinquencies have dropped from 6.1 million to 2.7 million, and the amount of homeowners underwater dropped from 10.2 million to around 3 million.

Freddie Mac may be moving toward backing loans that finance single-family rental (SFR) homes. If the reception is similar to when Fannie Mae backed Invitation Homes is January, expect mixed reactions from the industry.

In his first address to Congress at the end of February, President Trump reiterated his commitment to growing U.S. jobs. The most recent report from the Bureau of Labor Statistics shows that during Trump’s first-full month as president employment increased by 235,000 jobs.

C-level mortgage leaders were surveyed to find their leading staffing concerns for this year and in the future, including talent acquisition, retaining good people, and hiring millennials.

In this DS News Executive Spotlight, we shine light on the accomplishments of Caroline Reaves, CEO of Mortgage Contracting Services.