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How Housing Policy Can Advance Racial Equality

While COVID-19’s hardly at the root of housing challenges, the pandemic compounded them—a signal that another housing crisis can be expected for homeowners, renters, and rental property owners, according to a report from the Urban Institute. In the eye of ...

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What Marcia Fudge’s Appointment Might Mean for HUD

Since President-elect Joe Biden nominated Ohio Rep. Marcia Fudge for Secretary of the Department of Housing and Urban Development (HUD), members of the housing industry, and Fudge herself, have reacted. Via Twitter, following the nomination, Fudge said, "This pandemic, the ...

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What Shifts in Forbearance Rates Mean

Loans reportedly are evading forbearance, according to the most recent Forbearance and Call Volume Survey, which showed that the total number of loans currently in forbearance toppled from 5.54% of servicers' portfolio volume in the prior week to 5.48% as ...

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Fannie Mae Upgrades Predictions for 2021 Housing Market, Economy

Many factors have contributed to Fannie Mae’s updated prediction for end-of-year and 2021 growth. Stronger-than-expected data coming in, positive vaccine developments, and increased talks of additional stimulus have helped keep the economy moving ahead. Originally forecasted at negative 2.5%, full-year ...

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A Perfect Storm Could Push Back Economic Recovery

Editor's note: This story originally appeared in the December edition of DS News, available here.  The COVID-19 pandemic and the related economic downturn have left the country in a state of great uncertainty. As the last quarter of 2020 ends, professionals across all industries are left wondering ...

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Mnuchin Addresses GSEs and Conservatorship

The Treasury Secretary of the United States says Freddie Mac and Fannie Mae will remain government-sponsored throughout the remainder of Donald Trump's presidency, leaving President-elect Joseph Biden to decide the enterprises' fates. Wall Street Journal and Bloomberg report that the ...

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Shoring Up the American Dream

Editor's note: This story originally appeared in the December edition of DS News.  Dallas homeowner and military veteran Tommie Lee Morgan needed a new roof.  One morning in October 2019, nearly two-dozen volunteers descended upon his home. By the time the ...

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