Hurricane Helene has exposed $96B in RMBS loans to delinquency by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire Similar to past experiences, Hurricane Helene may lead to 5% of mortgage borrowers in affected areas becoming delinquent but eventually self-curing over the next 12 months, according to a Bank of America (BofA) analysis. The hurricane, which made landfall in Florida in late September, also impacted parts of North…

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Former Fannie deputy counsel Gina Hough joins Ballard Spahr by James Kleimann for HousingWire

HousingWireHousingWire Prominent housing finance attorney Gina Hough and her associate Trevor Cardo have joined Ballard Spahr‘s housing finance practice, the firm announced this week. Hogh, a former vice president and deputy general counsel at Fannie Mae, will join as senior associate, said housing finance practice chair Peter Michaud. She’ll work…

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Mixed mortgage signals: Inflation continues to cool, but the labor market strengthens by Jeff Andrews for HousingWire

HousingWireHousingWire If there was any doubt that the Federal Reserve’s half-point interest rate cut was the right move, those doubts are fading, and there’s reason to support another cut in the coming months. That’s because the U.S. Bureau of Labor Statistics’s Consumer Price Index (CPI) for September fell by 0.1…

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Mixed mortgage signals: Inflation continues to cool, but the labor market strengthens by Jeff Andrews for HousingWire

HousingWireHousingWire If there was any doubt that the Federal Reserve’s half-point interest rate cut was the right move, those doubts are fading, and there’s reason to support another cut in the coming months. That’s because the U.S. Bureau of Labor Statistics’s Consumer Price Index (CPI) for September fell by 0.1…

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