The current acting director of the Federal Housing Finance Agency has been nominated to officially run the agency. The White House announced on Tuesday that Sandra L. Thompson' s name will be submitted to the Senate for formal confirmation to the post. Before being named as acting director earlier this year Thompson had served as FHFA's deputy director of Housing Mission and Goals since 2013 , overseeing FHFA's housing and regulatory policy, capital policy, financial analysis, fair lending, and all mission activities for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. She also worked for the Federal Deposit Insurance Corporation (FDIC), for more than 23 years in a variety of leadership positions, most recently as Director of the Division of Risk Management Supervision. Thompson is

December 14, 2021 Download our Mobile App: Download our Mobile App: Housing News Acting Director Thompson Named to Head FHFA The current acting director of the Federal Housing Finance Agency has been nominated to officially run the agency. The White House announced on Tuesday that Sandra L. Thompson' s name will be submitted to the Senate for formal confirmation to the pos... (read more) Rob Chrisman Data, AI, Encompass, Workflow, Lead Conversion Tools; Credit Tightening; Events and Webinars; LO Comp No CEO wants to hear from their secretary, “The CFPB is holding for you on Line Two.” Lenders who have different prices in the same MSA? Don’t even try. Got a clever idea about net branches that aren’t net branches? Give it up... (read more) Housing News Delinquency and Transition Rates Declined Again in September September marked additional improvement in loan performance nationwide. CoreLogic says the national delinquency rate, loans that were 30 or more days past due, including those in foreclosure, was 3.9 percent. This was down from the 4.0 rate the compa... (read more) Mortgage Rates Mortgage Rates Hold Mostly Steady Ahead of Fed Announcement 30 Yr. Fixed Rate 6.75% +0.02% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.75% +0.02 0.00 15 Yr. Fixed 5.98% +0.01 0.00 30 Yr. FHA 6.27% +0.02 0.00 30 Yr. Jumbo 6.85% +0.01 0.00 7/6 SOFR ARM 6.32% -0.01 0.00 30 Yr. VA 6.29% +0.03 0.00 Updates Daily - Last Update: 7/3 15 Yr. Fixed Rate 5.98% +0.01% Rate Change Points Freddie Mac 30 Yr. Fixed 6.67% -0.10 0.00 15 Yr. Fixed 5.80% -0.09 0.00 Updates Weekly - Last Update: 7/3 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.79% -0.09 0.62 15 Yr. Fixed 6.06% -0.05 0.67 30 Yr. Jumbo 6.78% -0.10 0.40 Updates Weekly - Last Update: 6/26 MBS / Treasuries MBS Live Recap: Calm Today. Bigger Volatility a Risk For Tomorrow UMBS 30YR 5.5 99.64 -0.20 Price / Yield Change MBS UMBS 5.5 99.64 -0.20 UMBS 6.0 101.43 -0.13 GNMA 5.5 99.86 -0.11 GNMA 6.0 101.34 -0.06 Pricing as of: 7/6 2:24PM EST 10 Year US Treasury 4.3467 +0.0669 Price / Yield Change US Treasury 2 YR Treasury 3.883 +0.095 5 YR Treasury 3.937 +0.070 7 YR Treasury 4.125 +0.068 10 YR Treasury 4.347 +0.067 30 YR Treasury 4.863 +0.055 Pricing as of: 7/6 2:24PM EST Latest Video November producer price index rises 9.6%, sets new record Pfizer's Covid drug reduced hospitalization, death risk by 89% in final res... Dr. Gupta: Looking at hospitalizations vs. daily COVID case rates is key CNBC Fed Survey: Fed will double taper speed, hike rates in June Around the Web Brookings Institution Labor market exits and entrances are elevated: Who is coming back? Fannie Mae Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Assistance Options Following Recent Tornadoes in Central and S... CNBC How to take cash out of your home when mortgage rates are rising Calculated Risk Blog Missing Workers by Age Group CNBC Wholesale prices measure rises 9.6% in November from a year ago, the fastest pace on record CNBC The Fed will halt asset purchases by March and hike rates in June, CNBC survey predicts Reuters U.S. Congress to vote on debt-limit hike, averting default risk CNBC More Americans see inflation as the biggest risk to their retirement plans Reuters Wall Street falls as investors eye Omicron and Fed meeting Reuters Biden to talk with Manchin on sweeping $1.75 trillion spending bill Calculated Risk Blog A Few Comments on Inflation Reuters U.S. consumers see short-term inflation rising at twice pace of wage gains, survey shows Calculated Risk Blog Housing Inventory December 13th Update: Inventory Down 3.3% Week-over-week

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