September marks the fifteenth anniversary of Fannie Mae and Freddie Mac being placed into conservatorship by the FHFA at the height of the Great Financial Crisis, and continues to show no signs of ending, according to a new Q&A from industry veteran Don Layton.
Read More »San Francisco Homes Being Sold for Nearly $100k Below Purchase Price
Home price declines are causing Americans to lose money when selling their homes, according to a new report from Redfin, which showed that the typical homeowner in San Francisco who took a loss while selling sold their home for roughly $100,000 less than they bought it for.
Read More »HUD Awards $250M+ in New Choice Neighborhoods Funding
The Department’s latest round of Choice Neighborhoods Implementation Grants will be used to transform public and other HUD-assisted housing while investing in surrounding neighborhood and resident services.
Read More »Mortgage Fintech Warmup Took 13 Years … Now for Some Results
Dan Sogorka of Sagent recaps the mortgage innovation timeline and details the role played by regulations and compliance in the process.
Read More »Climate Risk Affecting Homebuyers’ Preferences
A clear majority of people in each region of the U.S. consider at least one type of adverse climate event when shopping for a new home, be it floods, fires, or hurricanes.
Read More »Housing Market Activity Slowed by Fed Rate Hikes
HouseCanary's August Market Pulse report revealed depressed market activity has resulted in net new listing volume trailing behind overall contract volume, as total inventory remains down nearly 13% compared to the same time in 2022.
Read More »Pretium Taps Former Morgan Stanley COO Jonathan Pruzan as New President
After spending the last 28 years with Morgan Stanley as COO, CFO, and Head of Corporate Strategy, Pretium names new President and member of the Executive Committee to oversee the company’s strategic and operational initiatives.
Read More »HUD Awards Nearly $130M to Boost Tribal Affordable Housing
Twenty-two awards, totaling approximately $128 million, have been awarded by HUD to Tribal communities nationwide for the construction of new housing units and increase affordable options for low-income Native American families.
Read More »Here’s Where You’ll Get the Biggest Home Equity Loans
With home equity at all-time highs, now estimated to be some $28.7 trillion of it, you will not get the same size home equity loan everywhere. Here’s where you will get the biggest bang for your buck.
Read More »HUD Reveals Updated Fair Market Rents, $113M in Housing Vouchers
The U.S. Department of Housing and Urban Development announced a 12% increase in Fair Market Rents across the U.S., in addition to making $113 million available in Housing Choice Vouchers to public housing agencies to help families meet rising housing costs.
Read More »