Industry News

Is Housing Construction Essential Infrastructure Business?

April 7, 2020

In a letter to the Department of Homeland Security, trade groups advocate that construction is a necessity.

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The Fed Buys Assets

March 31, 2020

In order to support the financial markets, the Fed takes aggressive efforts.

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Record Average FICO Score

March 24, 2020

In 2019, the average FICO score hit a new high.

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Housing Sales Potential Still Strong

March 24, 2020

With low rates and millennials coming of age, it is a sellers’ market.

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Measures are Being Taken to Mitigate Downturn Losses

March 24, 2020

While this economic downturn is unprecedented, the Fed is working to make sure it won’t be catastrophic.

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Rent Prices Increase

March 17, 2020

Single-family rent increased the fastest in three years in 2019.

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Hispanic Homeownership on the Rise

March 17, 2020

The Latino homebuyer population continues to drive growth in markets across the United States.

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Delinquency Rates Hit Record Lows

March 10, 2020

With sustained low unemployment rates comes low delinquency rates as well.

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Renters Think Homeownership is Unaffordable

March 10, 2020

In a recent study, a majority of renters believe that renting is more affordable than owning.

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Coronavirus and Jobs?

March 10, 2020

After a strong last three months, it’s yet to be seen how the next jobs report will look.

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Fannie Mae Updates LIBOR Arms and Gift Fund Policies

March 3, 2020

Under its new policy, Fannie Mae is changing how gift funds are recorded.

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The HPSI Rises for Third Consecutive Month

March 3, 2020

Fannie Mae’s Home Purchase Sentiment Index shows that Americans feel now is a good time to buy or sell a home.

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Home Inventory Hits Record Low

March 3, 2020

Low interest rates cause the housing supply to dwindle.

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HUD Questionnaires up for Public Comment

February 23, 2020

Loan level/Single-Unit and Condo Project Approval forms are up for revision and renewal.

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Increased Buying Power

February 23, 2020

Home prices are at their most affordable levels in two years.

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Homeownership Rate the Highest in Six Years

February 23, 2020

Millennials entering the housing market have boosted the national homeownership rate.

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Fair Isaac Fine-Tuning FICO Formula

February 18, 2020

The new Fair Isaac formula will make it tougher for some borrowers to get credit.

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Over 9 Million Homeowners are Refi-Eligible

February 18, 2020

As interest rates fall, the number of homeowners who could benefit from refinancing rises.

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Housing Market Boosts the Economy

February 18, 2020

The housing market’s contribution to the economy has increased more than 50% since 2010.

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Home Values Increase

February 4, 2020

The Fed’s Flow of Funds report shows home values gained 4.2 percent last year.

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