FHFA is highly vulnerable to hacking threats: OIG

The Federal Housing Finance Agency (FHFA) Office of the Inspector General (OIG) has warned the agency that it has serious network security deficiencies that leave its computer systems vulnerable to hacking, based on “penetration testing” the OIG performed. This is according to a report issued by the

San Jose, California’s Median Home Price Hits $2 Million—a First for a U.S. Metro

Getty ImagesHome prices rose in nearly 90% of metropolitan markets in the U.S. in the second quarter, a 3% drop from the prior quarter, according to a report Tuesday from the National Association of Realtors.The median price for a single-family home, meanwhile, increased to $422,100, up 4.9% from th

Joe Biden and Kamala Harris Pledge $100M in Housing Funding to Boost Construction, Affordability

David Paul Morris/Bloomberg via Getty ImagesThe White House has announced a number of new measures intended to spur the construction of more housing units and ease the affordability crisis for renters and homebuyers.The actions announced on Tuesday include $100 million in new community grants to ide

Waterfall: Reverse MSR deal with Onity showcases commitment to reverse mortgages

Onity Group, parent company of top five reverse mortgage lender and servicer Liberty Reverse Mortgage, will acquire reverse mortgage assets from Mortgage Assets Management, LLC (MAM), a subsidiary of investment funds managed by Waterfall Asset Management.The deal, initially announced by Onity during