NAR is fighting for these 6 issues in the 2018 midterm elections

What are the issues most important to the National Association of Realtors, the largest real estate trade group in the nation and a powerful lobbying force? Continue reading

What your buyers should know about manufactured housing

There’s no question that manufactured housing is perhaps the least expensive alternative for people who want a home of their own. But are financing companies withholding less expensive finance options from manufactured-homebuyers? Here’s what we know. Continue reading

Fannie Mae is ‘pessimistic’ about the housing market in 2019

In a report released Thursday, Fannie Mae’s Economic and Strategic Research Group painted a picture of a somewhat gloomy near-term future, saying that it’s expectations for the coming year “have become more pessimistic.” Continue reading

Federal agency launches program to help limited-English speakers

The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited English proficiency borrowers. Continue reading

Agent faces up to 5 years in prison for bankruptcy fraud

A real estate agent based in the Tampa, Florida, area faces up to five years in federal prison for attempting to stop Fannie Mae from foreclosing on a property so that he could sell it himself, the U.S. Department of Justice announced Wednesday. Continue reading

4 alternative housing finance structures that could work

A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading