Biden picks Sandra Thompson to lead Fannie and Freddie regulator

Although questions about the future of the mortgage giants remain, lending industry officials welcome selection of veteran regulator to lead FHFA. Continue reading

The million-dollar question: Do $1M Freddie Mac mortgages conflict with affordable housing mission?

Redwood Trust, which issues jumbo loans that are off limits to Fannie and Freddie, says costlier markets are better served by private lenders. Continue reading

‘Bias has no place in appraisal’: Appraisal Institute president

Appraisal Institute’s president Rodman Schley is addressing unconscious bias, amping up diverse recruiting and partnering with others who are also working to do what is right. Continue reading

Why the infrastructure bill is a lose for affordable housing

What President Biden’s infrastructure bill didn’t address is affordable housing. ‘Housing is a necessity,’ says broker-owner Teresa Boardman. Here’s why she says we all need to start treating it accordingly. Continue reading

California severely curtails single-family zoning with new law

California Gov. Gavin Newsom signed Senate Bill 9 into law Thursday, legislation that allows up to four residential units to be developed on single-family lots throughout the state. Continue reading

California severely curtails single-family zoning with new law

California Gov. Gavin Newsom signed Senate Bill 9 into law Thursday, legislation that allows up to four residential units to be developed on single-family lots throughout the state. Continue reading

Individuals to get better shot at buying foreclosed homes

The Biden administration wants to give owner occupants a better shot at purchasing homes repossessed by HUD, Fannie Mae and Freddie Mac. Continue reading

Fannie, Freddie regulator wants to help more low-income homebuyers

The Federal Housing Finance Agency wants at least 35 percent of the purchase mortgages backed by Fannie and Freddie to be taken out by low- and very low-income borrowers, up from 30 percent today. Continue reading

Remote work named No. 1 issue affecting real estate

The share of people working from home full- or part-time could double permanently, impacting homebuyer demand and land use, according to a new report from The Counselors of Real Estate. Continue reading

Amid inventory crisis, median age of US housing stock is getting older

In a pair of new studies released Wednesday, NAR and Harvard University are calling on the government to help ease the housing crisis. Continue reading