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Author Archives: Christina Hughes Babb

Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Contact Christina at [email protected].

FHFA Releases Mortgage Relief Data for July

Since 2008, when they entered FHFA conservatorship, Fannie Mae and Freddie Mac have completed a total of 4,916,088 foreclosure prevention actions. The FHFA this week published its latest numbers, which show that: The two GSEs completed 230,198 foreclosure prevention actions ...

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Gary Keller steps down as KW CEO

Austin, Texas-based Keller Williams (KW) has reorganized itself, executives say, by creating a new holding company structure. Effective immediately, Gary Keller has stepped down from his role as CEO. As president, Josh Team assumes all duties and responsibilities previously held ...

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Banks Report: ‘Better-Than-Expected’ Q3 Results

The major banks this week reported Q3 returns. For top three U.S. banks—Bank of America, Wells Fargo, and Goldman Sachs—NASDAQ summarized that " results were notably better than expected" but "mixed." JPMorgan Chase also reported better financial performance than was ...

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What Happens When Forbearance Programs Expire?

mortgage loans performance

Moratoria and the CARES Act have effectively halted foreclosure activity—those filings are at an all-time low—but the numbers "are artificially low," analysts say. Some predict a significant "burst" once government programs expire.  ATTOM Data Solutions, which collects and analyzes foreclosure data, ...

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Under Trump or Biden, GSE Reform Path is ‘Uncertain’

White House

In September 2019, President Donald Trump and his administration initiated a process whereby Fannie Mae and Freddie Mac would exit conservatorship. Former Freddie Mac CEO Don Layton, now a Senior Industry Fellow at Harvard's Joint Center for Housing Studies, says ...

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The Housing Market’s ‘Remarkable Comeback’

Even as businesses begin to reopen, the unemployment rate remains a cause for concern among economists. That makes for much fiscal uncertainty. But despite weakness in the labor market, the housing sector remains robust—it has been reported over the past ...

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COVID-19’s Impact on the Residential Rental Market

House for rent

COVID-19 has created significant problems in the residential rental market, with dramatic increases and decreases in rents in certain regions of the country—that is supported by a report from AdvisorSmith, which studied patterns in rental prices in more than 500 ...

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Estimating Property Damage Caused by Hurricane Delta

Mere weeks after Hurricane Laura delivered the most intense storm to hit the northwestern Gulf Coast since 1856, Hurricane Delta ravaged a similar path, making landfall near Creole, Louisiana Friday as a mid-Cat 2 storm. CoreLogic, a provider of property ...

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