Mortgage & Economy
Mortgage rates, Federal Reserve policy, employment, inflation, and what they mean for Bay Area affordability.
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White House readies $90 payments to offset Medicare premiums
Payments are expected to be distributed in early October
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Why Alex Vidal believes REMAX and Real can be stronger together
He joined after the August close that created Real REMAX Group, with both brands keeping separate identities
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Pennymac deploys VantageScore 4.0 across all production channels
The move follows FHFA and HUD guidance that opened conventional and FHA lending to competing credit score models
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Freddie Mac reshuffles risk leadership as Hinduja exits, Glessner steps in
Anil Hinduja’s employment with Freddie Mac ended Oct. 1
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Daniel Dennis named Long and Foster president and CEO
Dennis succeeds Patrick Bain, who is stepping down after 16 years with the company
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Lawmakers float a housing 2.0 push to build faster and cheaper
Bipartisan Build America Caucus sketches housing reform targeting zoning, building material costs and inefficient financing barriers
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Vishal Garg regains control of Better’s board after receiving 52% shareholder support
A majority of shareholders backed the removal of five directors, including interim CEO Daniel Lewis, with Better finalizing his successor
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Mortgage Rates Tick Up Even as the Odds of a Fed Rate Hike Decline
In A Nutshell: There’s still upward pressure on rates, as bond market investors have all of the same worries that have caused mortgage rates to increase by 1.5 percentage points already this year. Last Week’s Highlights Last week’s main economic data and news all reduced the probability of a Fed rate hike in October.…
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Support starter homes, not looser lending or financial fixes
Policymakers can lower frictions, but only new starter-home production changes the math
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Fly-by-wire: Why AI governance is instrumentation, not insurance
Quarterly testing can miss drift, lenders need continuous fair lending visibility









