Housing
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.
1 day ago
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.
2 days ago
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.
8 days ago
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...
12 days ago
Last Updated: 12 days ago
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.
15 days ago
Last Updated: 15 days ago
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.
1 month ago
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.
1 month ago
Last Updated: 1 month ago
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.
1 month ago
Last Updated: 1 month ago
The White House has announced a plan to overhaul Fannie Mae that includes a return to private control after recapitalization via an initial public offering.
1 month ago
Detroit has thousands of vacant homes to tear down and empty lots to clear, so the city continues to offer hundreds of homes at auction for $1,000.
2 months ago
Last Updated: 2 months ago
A $3.25 million home in Detroit is an oddity. However, the city has one, mostly for the first time in a long time.
2 months ago
Last Updated: 2 months ago
U.S. home prices rose by 4.0% year over year in December, according to the latest data from CoreLogic. Average full-year price appreciation was 3.6%, and prices are forecast to rise by 5.2% in 2020...
2 months ago
Homebuilder D.R. Horton on Monday reported better-than-expected profits and revenues for its fiscal first quarter and boosted its guidance.
2 months ago
Last Updated: 2 months ago
In December, home prices surged nearly 7% year over year, according to Redfin. In some cities, the price appreciation was much larger.
2 months ago
Last Updated: 2 months ago
Home prices increases have picked up again after a slow first half of 2019. Prices rose 2.2% year over year in October and 0.4% compared to September prices according to the latest S&P CoreLogic...
3 months ago