Housing

Government backing of Fannie Mae and Freddie Mac looks crucial as the pandemic impacts mortgage delinquencies.
Carl Sullivan
Fannie Mae is about to begin a bidding process to select a financial advisor to assist in developing and implementing a plan for recapitalizing and responsibly ending its conservatorship.
Paul Ausick
The U.S. Department of Commerce reported that U.S. housing starts in April came at the slowest pace for new construction since February of 2015.
Jon C. Ogg
Credit Suisse has reinstated Front Yard Residential with an Outperform rating and a new $11 price target. Shares of this real estate investment trust rallied Monday morning.
Jon C. Ogg
The economic hit from the coronavirus pandemic is showing up in mortgage delinquencies and that’s bad for Fannie Mae.
Carl Sullivan
Fannie Mae and Freddie Mac have been approved to purchase some single-family home loans in forbearance. This may help maintain liquidity in the nation's mortgage market.
Paul Ausick
Mortgage lenders and banks may offer forbearance on mortgage payments for 90 days. The deals aren’t very good for many people who will be out of jobs for long periods. Most of these...
Douglas A. McIntyre
What was missing in the Coronavirus Aid, Relief and Economic Security (CARES) Act was some protection for lenders and guarantors like Fannie Mae and Freddie Mac against massive demands for cash.
Paul Ausick
Fannie Mae and Freddie Mac may require another bailout if the U.S. economy remains essentially locked down and Americans take advantage of the mortgage holiday.
Paul Ausick
Home prices rose by 3.9% year over year in January. The onset of COVID-19 will begin to be felt in home prices in February according to S&P CoreLogic, which compiles the Case-Shiller home price index.
Paul Ausick
On a day where the U.S. weekly jobless claims hit an exponential record high of almost 3.3 million, and when the ugly recession level economic news has not even really been seen at all, does it make...
Jon C. Ogg
Americans have almost $16 trillion in mortgage debt outstanding, according to the Federal Reserve. A bill proposed as part of the economic rescue package would delay payments on most of that debt.
Douglas A. McIntyre
The coronavirus outbreak is having a negative impact on the housing market itself and on Fannie Mae. However, ending its conservatorship may be a bigger problem.
Paul Ausick
Democratic members of the Senate Banking, Housing and Urban Affairs Committee have sought answers about what plans the Trump administration has for lifting conservatorship of Fannie Mae.
Paul Ausick
U.S. home prices were 3.8% higher in December than they were in December 2018. The lull in home price increases appears to be behind us. The good news is the mortgage loan rates remain low.
Paul Ausick