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The Federal Housing Finance Agency published a new set of data points and trends found in appraisal reports.
Details: The new Uniform Appraisal Dataset Appraisal-Level Public Use File contains appraisal-level data from a nationally representative 5% sample of appraisals conducted between 2013 and 2021 and associated with mortgages acquired by Fannie Mae and Freddie Mac.
Uses: The FHFA said the dataset can be used to study housing valuation, housing market disparities and inequities, and consumer preferences.
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ICBA’s joint proposal to reduce mortgage rates by an estimated 100 to 150 basis points is making news.
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The Senate Banking Committee is scheduled to meet tomorrow for a subcommittee hearing on community development financial institutions.
ImageOct 16, 2023
Community bankers have for years warned of the expansion of credit union powers, but Navy Federal Credit Union’s new “Community Bank” brand indicates credit unions recognize they’ve gone too far, ICBA President and CEO Rebeca Romero Rainey wrote in a recent LinkedIn post.
ImageOct 16, 2023
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