New Fannie, Freddie housing goals may hurt working families

A coalition of groups has warned that the Trump administration’s goals for the mortgage giants will leave up to 177,000 lower income homebuyers looking elsewhere for a loan. Continue reading

Trump administration lays out 5-year goals for Fannie, Freddie

Equitable housing and climate change risk are out, deregulation and combating fraud are in. The plan sheds little light on Trump administration’s bid to spur homebuilders into expanding housing supply. Continue reading

Feds bust real estate execs in $25.9M scheme against homeless

Real estate developers Cody Holmes and Steven Taylor have been accused of defrauding a program that funds affordable housing projects and are now facing decades in federal prison. Continue reading

How buyer affordability education makes you the go-to agent

Knowing DPA programs allows you to serve buyers where they are, solve problems others overlook and strengthen your reputation as the professional who makes homeownership possible. Continue reading

48% of Americans blame investors for ‘unreasonable’ housing costs

A staggering 93 percent of Americans believe housing costs are “unreasonable,” according to Searchlight Institute’s latest affordability survey. Continue reading

LA’s so-called ‘mansion’ tax has failed. It’s time to overturn it

The Los Angeles housing market has an albatross around its neck called the United to House LA (ULA) or “mansion” tax. Danny Brown explains why it’s a failed experiment. Continue reading

Dems seek answers on impact of Fannie, Freddie IPO on rates

Survey shows most Americans are also concerned that privatizing the mortgage giants might lead to higher mortgage rates, although Democrats and independents are more likely to be worried than Republicans. Continue reading

Brad Inman: ‘AI will be god-like,’ and other real estate predictions

The Inman founder recently shared why he’s excited about the future of AI — and talked about what he sees coming next for real estate. Continue reading

Mortgage rates drop sharply as Powell shifts stance on rate cuts

Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the U.S. economy than inflation. Continue reading

‘Construction is in a funk’: Homebuilding improves, but inventory issues remain

The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading