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The Week Ahead: Senate Sets Sights on Fannie, Freddie

This week, the Senate Committee on Banking, Housing and Urban Affairs will hold a hearing to examine whether Fannie Mae and Freddie Mac should be designated as systematically important financial institutions. Here's what else is happening in The Week Ahead.

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How the GSEs Are Preventing Foreclosures

mortgage loans performance

With more than 4 million preventive actions having been taken since the beginning of conservatorship in September 2008, a recent FHFA report provides updates on how Fannie Mae and Freddie Mac are working to assist struggling borrowers.

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Home Sales Data for May Reveals Positive Outlook

Existing home sales recorded an increase in May for the first time in two months, rising 2.5% from the month prior, according to the National Association of Realtors (NAR). The total number of home sold increased to 5.34 million in ...

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The Struggles of Saving for a Home

money in the pocket

According to Unison’s 2019 Home Affordability Report, it now takes 14 years for those making a median income to save for a 20% down payment on a median-price homes, meaning many prospective millennial homebuyers won’t achieve homeownership until their 40s. ...

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