Major news outlets announced on Saturday that former Vice President Joe Biden is the president-elect. A Biden administration may bring major policy changes with it. According to an analysis from realtor.com, Joe Biden would be entering the presidency during a ...
Read More »Meet the New Chair of Fannie Mae’s Board of Directors
Fannie Mae announced on Wednesday that Sheila C. Bair will take on the role of Chair of Fannie Mae’s Board of Directors. The Board unanimously passed a resolution appointing her Chair on October 28, and Bair will be starting ...
Read More »Best of DS5: Advancing Tech and Working From Home
The pandemic has made waves throughout all industries, including housing. With many housing industry professionals working from home, executives have had to step up to the challenge of leading remote teams and finding ways to quickly adopt new technological tools. ...
Read More »The Election and Housing: What You Need to Know
There is no denying that 2020 has been an eventful year, with a pandemic, protests, natural disasters, and, of course, a historic presidential election. Now, the country holds its breath for one more day as the election comes to a ...
Read More »Fannie Mae: Property Preservation Strategies Amid COVID-19
Speaking at this week’s virtual 2020 National Property Preservation Conference, Jacob Williamson, VP for Single-Family Collateral Risk Management at Fannie Mae, offered insight into how the housing finance company has managed property preservation amid the COVID-19 pandemic. When COVID-19 shelter-in-place protocols were introduced this year, vendors and servicers maintaining properties faced major challenges. “We've observed ...
Read More »Why Are Americans Putting Off Selling Their Homes?
The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes for sale. This lack of inventory has been prevalent across ...
Read More »10 Cities with the Most Financial Distress from COVID-19
As businesses across the country are reopening and unemployment rates begin to creep back up, there is no doubt that there are still plenty of people struggling. The coronavirus pandemic has taken a massive financial toll on Americans, but some ...
Read More »HUD Grants Fund Housing Counseling and Foreclosure Avoidance Services
More than $12.5 million in supplemental housing counseling grants will help families avoid foreclosure and provide rental counseling services.
Read More »How the CFPB is Helping Homeowners Struggling with Payments
The pandemic, along with the economic downturn it has caused, leaves homeowners across the country struggling to meet their mortgage payments. This has put more pressure on the Consumer Financial Protection Bureau (CFPB) to find ways of helping homeowners who ...
Read More »Former Fannie Mae CEO James Johnson Dies at 76
James A. Johnson, who served as CEO of Fannie Mae from 1991 to 1998 and was a Democratic campaign operative, died on Sunday, Oct. 18 at the age of 76. His son, Alfred, told The Washington Post and Wall Street ...
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