Looking to address the need for more affordable housing options, the FHFA will require that at least 50% of the GSE’s multifamily business be mission-driven affordable housing.
Read More »A Look at ‘Economically Integrated’ Neighborhoods
A new Redfin study analyzed the mix of affordable and high-end homes in neighborhoods across 30 of the largest American cities to determine which are the most economically-integrated.
Read More »The Problem With California’s Affordable Housing Goals
A new report gives insights into the factors that are likely to keep the Golden State from achieving its goal for more affordable housing.
Read More »Fannie Mae Earnings Increase in Q2
Fannie Mae’s earnings are up, and its delinquency rates have returned to their downward slide after a hurricane-driven increase late last year. Here are the details.
Read More »Construction Starts Surged in March
The construction sector sped ahead in March to reach the highest level recorded in the past six months. Where did residential construction stand in the mix?
Read More »Walker & Dunlop Adds Investment Sales Team in Boston
Bethesda, Maryland-based Walker & Dunlop, Inc. has hired a new, multifamily-focused investment sales team in Boston, Massachusetts. The team allows the continued expansion of the company’s banking and brokerage platform in pursuit of its mission to build the premier commercial ...
Read More »Rule Proposed to Establish New GSE Housing Goals
In accordance with the Housing and Economic Recovery Act of 2008, the Federal Housing Finance Agency (FHFA) announced on August 29 that it has proposed a rule to establish new housing goals for 2015 through 2017 for Fannie Mae and Freddie Mac.
Read More »Micro Apartments Yield A Big Boom in the Small Space Sector
Ever since the economy took a hit in 2008, downsizing has been a top priority for many homeowners and renters. The McMansion is out; low-maintenance living is in. You can see it in traditional listings as well as on the real estate auction block. With finances still in flux for most Americans, cutting back on monthly costs of maintaining a home or apartment is essential. Enter the micro apartment—the latest trend in economical living space.
Read More »FDIC Institutions Report First Loss in More Than Four Years
For the first time in more than four years, banks insured by the Federal Deposit Insurance Corporation (FDIC) reported an annual loss, according to the regulator's Quarterly Banking Profile released Tuesday. At $36 million, the net income of FDIC-insured banks in the third quarter is $1.5 million below earnings reported in the third quarter of last year.
Read More »Freddie Mac Completes First Multifamily Bulk Loan Sale
Freddie Mac has announced the completion of its first multifamily bulk loan sale to a global real estate investment firm. An affiliate of Colony Capital purchased the GSE's portfolio of 27 performing loans with an unpaid principal balance of $195 million.
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