The stock market did its best to recover Thursday after falling off the cliff on Wednesday, sending Wall Street into panic as the 10-year and 2-year Treasury yield ...
Read More »FHA Announces New Financing Policies for Condos
The Federal Housing Administration (FHA) announced on Wednesday new regulations and policies for the condominium approval process, aimed to help affordability for first-time buyers. New rules and the ...
Read More »Dow Falls 800 Points, Recession Worries Sweep Wall Street
Editor's note: This is a breaking story. Please check back for updates. Recession fears filled Wall Street on Wednesday as the Dow Jones crashed, falling more than 800 ...
Read More »Variety is Key When Shopping for a Mortgage
Fannie Mae’s National Housing Survey revealed that more than one-third of homebuyers last year said they did not shop around before choosing their mortgage lender. “The choice to ...
Read More »House Committee Briefed on FHA Distressed Assets Program
Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee, said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization ...
Read More »CEO of Common Securitization Solutions Stepping Down
Fannie Mae and Freddie Mac announced Thursday that David Applegate will step down as CEO of Common Securitization Solutions, LLC (CSS). A search for his replacement has ...
Read More »Analyzing the Housing Market Amid Trade, Economic Turmoil
Monday was not a good day on Wall Street. Following comments by President Donald Trump, who added logs to an already growing fire that is a trade war ...
Read More »What’s the Real Reason Behind the Housing Shortage?
A report by Business Insider states that labor shortages, lack of available lots, and higher material costs—although key talking points of Federal Reserve Chairman Jerome Powell—are not what’s ...
Read More »Housing Industry Reacts to Latest Jobs Report
U.S. employers continued their trend of adding workers, as the Labor Department reported the economy added 164,000 jobs in July and the unemployment rate held at 3.7%. The ...
Read More »Report: Falling Mortgage Rates Impacting Housing Market
Freddie Mac’s latest housing market forecast reveals the combination of record-low mortgage rates and the anticipation of the Fed’s decreasing interest rates has caused a spike in purchase ...
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