Fannie Mae Reports $4.7B in Q3 Net Income
Quarter-over-quarter, the GSE reported that net income decreased $295 million in Q3 of 2023 over Q2, as Fannie Mae assisted with the purchase, refinance, or rental of 428,000 households [...]
Quarter-over-quarter, the GSE reported that net income decreased $295 million in Q3 of 2023 over Q2, as Fannie Mae assisted with the purchase, refinance, or rental of 428,000 households [...]
The Illinois Supreme Court has reversed the Third District’s holding in a case where a property owner was entitled to a refund for monies it paid for property taxes [...]
As sky-high mortgage rates continue to hamper potential homebuyers, new home sales dropped and home prices rose compared to last year. Here's how the headwinds are impacting homebuyer activity [...]
First American’s Data & Analytics division published a new report that shows home prices have found new highs for the sixth-straight month. Click here to see charts and year-over-year [...]
A new report takes a deeper look at HUD’s Rapid Unsheltered Survivor Housing (RUSH) Program. Click through to read about suggested improvements that should be made before future implementation [...]
After joining the nationwide mortgage subservicer earlier this year as CFO, Cenlar has appointed former head of CitiMortgage and WaMu Home Loans David Schneider as its new President. Source: [...]
A new bill by Representatives Mike Kelly (R-PA), Chairman of the Ways and Means Subcommittee on Tax; Dan Kildee (D-MI); Carol Miller (R-WV); and Terri Sewell (D-AL) would require [...]
"Home buyers face the most difficult affordability conditions in nearly 40 years due to limited inventory and rising mortgage interest rates," said Jessica Lautz, NAR's Deputy Chief Economist and [...]
"Home buyers face the most difficult affordability conditions in nearly 40 years due to limited inventory and rising mortgage interest rates," said Jessica Lautz, NAR's Deputy Chief Economist and [...]
While housing affordability and competition tighten across the U.S., three cities in the Big Apple are among the nation’s fastest housing markets, according to a new report from Redfin, [...]