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The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system.
Essentially, it means that even though the behemoths outnumber local lenders in funding and marketing spend, what they lack is something homebuyers want and need: advice and a personal relationship. If local lenders are strategic with that competitive advantage, that’s where they can win in their local markets. The future experience.
A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. By one estimate , the global cryptocurrency market, although volatile, is valued today at around $1.8
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For anyone wondering what a Democratic or Republican presidential administration might look like for the housing market in 2025 and beyond, industry experts can provide some insights based on their experience in government, proximity to D.C. or decades in the private sector. It hasn’t changed since 1997.
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