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Author Archives: Tamarind Phinisee

Tamarind is a professional business and features writer whose specialty is helping to tell a company or business owner’s story. Her most recent experience includes CMS Administration where she uploaded and maintained assets, did layout and design of the website and provided training and assistance when needed.

GSEs Work to Assist Underserved Markets

On Monday, Fannie Mae and Freddie Mac released their proposed Duty to Serve (DTS) plans. The purpose of the plan is to better serve some persistent affordable housing problems in the U.S. DTS is a Federal Housing Finance Agency plan which requires Fannie and Freddie to increase the availability of mortgage financing in rural housing, manufactured housing, and affordable housing preservation in order to serve very low- to moderate-income families.

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Increased Pricing, Construction Costs and Location Affect Increases

A recent housing report showed new construction increased in some of the country’s major metropolitan areas during the first quarter of this year. Much of this increase appears to be driven by increased housing demands and decreased supply. However, higher prices, rising construction costs and proximity to where consumers want to be are impacting just how much of an increase can be realized.

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