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FHFA replaces Freddie Mac board member amid other changes

Housing Wire

The Federal Housing Finance Agency (FHFA) continues to make leadership changes at the board and executive levels of Freddie Mac and Fannie Mae. Following that news, Freddie Macs CEO Diana Reid, COO and head of HR, plus the FHFAs COO Gina Cross and head of HR Monica Matthews were fired on March 20.

HR
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Can I Use My 401(k) to Buy a House? Yes, Here’s How

Redfin

For example, you may qualify for a hardship withdrawal to cover your down payment or closing costs. How to borrow from your 401k account to buy a house To borrow from your 401k loan to finance a down payment, youll need to talk to your employers benefits office or HR department, or with your 401k plan provider.

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28 real estate niches brimming with potential

Housing Wire

Smart homes Smart home features include motion-activated smart lighting , digital thermostats to turn on and off, app-controlled appliances and air conditioners, automated window treatments to close during the sunniest part of the day, voice-controlled devices, and so much more.

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Fair lending and consumer protection hampered by FHFA office closures

Housing Wire

Amid a series of shakeups last week at the government-sponsored enterprises (GSEs) and its regulator, the Federal Housing Finance Agency (FHFA), two office closures inside the agency could hamper its fair lending and data gathering efforts that support the broader mortgage industry. Pulte has moved swiftly to reshape the posture at the GSEs.

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#616: How Hackers Are Stealing Your Retirement $50 at a Time, with former CIA hacker Dr. Eric Cole

Afford Anything

Five days before closing, they received what looked like a legitimate email from their closing company with wire transfer instructions. They sent the money and showed up at closing, only to discover they’d been scammed. When they inherited $1.3 million and found the perfect property for $1.2

HR
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#609: Q&A: How Not To Screw Up Retirement Spending

Afford Anything

Someone brought up sequence of returns risk, and it got me thinking about how to manage finances when you’re nearing FI. I imagine many longtime listeners are in a similar place—we’ve been working toward FI for years, and after a mostly favorable market run, we’re getting close to our goals.

HR
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Equifax to cut underwriting time with IRIS Software Group 

Housing Wire

Data verification is among the most cumbersome steps borrowers have cited in the mortgage process, leading to longer close times. IRIS Software Group, one of the UK’s largest, privately held software companies, provides software solutions and services for finance, HR and payroll teams and accountancy firms.

HR