Freddie Mac has released its latest Monthly Volume Summary, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. This latest Monthly Volume Summary is comprised of data from January 2018. Freddie ...
Read More »Hispanic Homeownership Increased in 2017
Homeownership in the Hispanic population increased for the third consecutive year according to a joint report by The Hispanic Wealth Project, and the National Association of Hispanic Real Estate Professionals (NAHREP). The report analyzes Hispanic labor force participation rate, household ...
Read More »New Bill Addresses Reverse Mortgage Foreclosures
The Philadelphia City Council recently introduced a bill to help prevent reverse mortgage foreclosures when a homeowner is in a payment agreement for real estate taxes on their homes. As a requirement for a reverse mortgage, borrowers must remain current ...
Read More »Could Fannie and Freddie Be Eliminated Without Legislation?
GSE reform has been a hot-button topic ever since Fannie Mae and Freddie Mac came under government conservatorship during the financial crisis, but it’s one of those talking points that often seems heavy on the talk and light on the ...
Read More »Powell Doubles Down on “Further Gradual” Interest Rate Hikes
On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some of the headwinds the U.S. economy faced in previous years ...
Read More »West Remains the Most Expensive Region to Buy a Home
Home prices continued their upward climb over the last 12 months, ending 2017 with a growth of 6.3 percent according to the December 2017 data on the S&P CoreLogic Case-Shiller National Home Price Index that was released by S&P Global on Tuesday. ...
Read More »Lawmaker Proposes Zero-Interest Mortgages to Fight Student Debt
The Federal Reserve Bank of New York recently reported that student loan debt had increased by $21 billion in Q4 2017. U.S. student debt currently totals around $1.4 trillion, with the average student in 2017 owing $37,172. Student loan debt ...
Read More »New Cryptocurrency Offering Backed by Real Estate
The cryptocurrency landscape is something of a wild frontier at the moment, with new cryptocurrencies being introduced all the time. Bitcoin is by far the best known of them, but even Bitcoin’s long-term legacy remains unwritten, to say nothing of ...
Read More »Single-Family Housing Starts Spike in Northeast
Dodge Data and Analytics has released its latest data on construction starts, showcasing stats for the month of January 2018. Among the noteworthy data points: a spike-in single-family housing starts in the Northeast region, even as the rest of the ...
Read More »Home Bidding Sight-Unseen?
An increasing number of homebuyers are making offers for homes without first seeing them in person, according to an analysis by online brokers Redfin. The study, which surveyed 1503 respondents who purchased a home in the last one year in November and ...
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