Many have expressed concerns that the GSEs cannot continue their profitability. Freddie Mac announced on Thursday, however, that it was profitable for the fourth consecutive year in 2015.
Read More »HUD Launches Community Tour to Promote ‘Prosperity Playbook’
HUD Secretary Julián Castro will visit five communities to promote the Department's collection of best ideas from local leaders around the country on how to solve the most difficult issues their communities are facing.
Read More »Investors, Take Note: Single-Family Rental Market’s Popularity is Still Surging
A list of the markets that provide the greatest opportunities for investors who want to expand their footprint in the single-family rental space.
Read More »Mortgage Delinquencies are Down; Debt is Up
The share of mortgage loans 60 days or more overdue dropped by nearly a third to close the year. What drove the decline?
Read More »Fannie Mae Downgrades Economic Forecast, Citing Lackluster Growth
Recent economic slowdowns may result in fewer rate hikes by the Fed this year than originally expected. What effect has the economy had on the forecast for housing in 2016?
Read More »Five Star’s Delgado Asks Castro to Address Vacant and Abandoned Properties Issue
The issue of vacant and abandoned properties has become one of national concern; the Five Star President and CEO recently met with the HUD Secretary to enlist his assistance in finding solutions.
Read More »Default Servicing Technologies Rebrands as Exceleras
Default Servicing Technologies, Illinois-based creators of a suite of critical software for banks, servicers, subservicers, capital market groups, and other mortgage and real estate industry professionals, has changed its name to Exceleras, according to an announcement from the company.
Read More »Will the FOMC Make the Fed’s 2016 Forecast for Rate Hikes Come True?
Recently there have been mixed reports coming from policymakers on the state of the economy.
Read More »The Rise of Julián Castro: The HUD Secretary in His Own Words
The meteoric rise of the sitting HUD Secretary has many speculating about his future. In this exclusive interview with DS News Assistant Editor Brian Honea, the man many are calling the “VP in waiting” discusses politics, the future of housing, and new opportunities that await him.
Read More »Minneapolis Fed: Dodd-Frank Was Not Enough to End Too Big to Fail
In his first speech as president of the Minneapolis Fed, Neel Kashkari said that progress had been made toward ending too big to fail, but that the Dodd-Frank Act did not go far enough.
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