General

Common Securitization Solutions (CSS), a joint venture of Fannie Mae and Freddie Mac, has tapped industry veteran Lysette Bailey as senior vice president and chief risk officer. In her new role, Bailey (pictured) will oversee the firm’s…
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The cost of buying a home in metro Atlanta is now officially considered to be unaffordable, according to the Federal Reserve Bank of Atlanta. The branch’s Home Ownership Affordability Monitor, uses median income for the area, home prices…
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Today’s mortgage and refinance rates Average mortgage rates soared yesterday. And this week has been the worst one for mortgage rates since 1998, according to Mortgage News Daily (MND). Often after such mayhem, markets pause and mortgage…
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