Potomac Point Group
Boutique consulting services for the housing finance industry
PPG Industry Insights
The housing finance industry is in an exciting place. From changes in policy to technology and innovation, see what those changes mean for you and your firm.
In The News*
February 5, 2025
Source: AP News
On February 5, 2025, the Senate confirmed Scott Turner as HUD Secretary. Turner previously served as Executive Director of the White House Opportunity and Revitalization Council during Trump’s first term, overseeing the Opportunity Zone program established under the 2017 tax cuts law.
February 5, 2025
Source: HousingWire
Auction.com's Distressed Market Outlook indicated that Foreclosure Auctions dropped to a three-year low in 2024, and is forecasted to decline another 8% in 2025
January 28, 2025
Source: FHFA
The FHFA reported a 0.3% rise in U.S. house prices for November 2024, with a year-over-year increase of 4.2%, though growth continued to moderate due to higher mortgage rates cooling demand.
January 22, 2025
Source: Fannie Mae
Fannie Mae provided over $55 billion in multifamily financing in 2024, including significant growth in Green Financing and affordable housing initiatives
January 15, 2025
Source: Freddie Mac
​Freddie Mac Multifamily provided $66 billion in multifamily financing in 2024, a 34% increase over 2023, supporting over 507,000 affordable rental units and exceeding its mission-driven housing goals set by the FHFA.
FEATURED INSIGHT
Credit Scores are finally getting an update. The Federal Housing Finance Agency (FHFA) announced a multi-year effort to update the use of credit scores in Government Sponsored Entity (GSE) mortgage purchase, but many questions remain.
INSIGHTS
The adoption of new models represents a hopeful future where individuals can access the credit they need to secure homes.
INSIGHTS
After almost 20 years, credit scores used in mortgage lending are finally getting an update. But is FHFA trying to move too far, too fast?
FEATURED INSIGHT
In February, FHFA provided some much-needed clarity on the ultimate credit score implementation approach and timeline. But many critical questions remain to get us from here to there - and the clock is ticking.
FEATURED INSIGHT
The upcoming changes to mortgage credit scores will have broad impact across the mortgage and secondary market landscapes.
INSIGHTS
The world of SOFR is evolving quickly with the "SOFR First" initiative beginning to change market conventions and ARRC endorsed term rates. But can progress continue?
INSIGHTS
The "Climate Rule" has the potential to impact how businesses operate, but will this rule change the game for the mortgage industry? And what about the timeline?
INSIGHTS
The market wants to see robust, well-defined alternative markets before they jump in - but if everyone is waiting, how can these markets develop?
INSIGHTS
Read about the major themes, pain points, and
operational difficulties highlighted by professionals in the industry
*Views expressed in the news are not necessarily those of Potomac Point Group and are provided here only as information currently of interest in the housing finance industry.