FHFA proposes new three-year housing goals for Fannie, Freddie

The Federal Housing Finance Agency (FHFA) this week published a final rule in the Federal Register that outlines housing goals for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and seeks to establish yearly standards to meet the goals.The proposed goals for 2025 through 2027
Read MoreReal estate coach Skye Michiels on why sell-side commissions might rise and new models could emerge

Three days before the new business practice changes mandated by the settlement of the National Association of Realtors‘ commission lawsuit went into effect, HousingWire caught up with top real estate coach Skye Michiels to talk about how his agents are handling the big changes.Michiels, the former h
Read MoreCFPB orders Fay Servicing to pay $2M over illegal foreclosure practices

The Consumer Financial Protection Bureau (CFPB) has settled a case with Florida-based Fay Servicing over illegal conduct in foreclosures. The deal includes a $2 million fine and potential limitations to the CEO’s compensation. A company spokesperson wrote to HousingWire that “Fay continues to strong
Read MoreOpinion: It’s time for real estate to do the right thing

Doing the right thing is easy in theory, but often the hardest in practice. Our family established Baird & Warner more than a century ago with a mission to serve buyers and sellers with transparency and integrity, and we’ve endured many changes in our industry during this time. Sometimes, our choice
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