Daily Dose

Sales on existing homes reached an 11-year high in November, jumping nearly 6 percent over the month. According to new data, about 5.81 million existing homes were sold in that period.

Today the GOP-led Congress passed their sweeping tax reform—representing the biggest tax code overhaul in years. President Trump will hold a ceremony to mark the passage of the bill, which is scheduled for 3 p.m. EST.

While the Senate voted on the bill Tuesday evening, a technicality is forcing the House to revote on the bill Wednesday morning before it can head to President Trump for signing.

The mortgage industry will face several major challenges in 2018 and beyond as housing prices continue to climb, interest rates rise, and affordability challenges remain the biggest obstacle for many potential homebuyers. In light of this, lenders should keep an eye on these trends that will emerge in 2018. Editor's note: This story was originally featured in the December edition of MReport, out now.

If you’ve got ideas for how to solve America’s housing affordability issues, Fannie Mae has $10 million with your name on it. The GSE launched its Sustainable Communities Innovation Challenge just this week.

A recent report indicates higher risk attributes for both purchase and refinance loans, although the risk levels remain similar to those in early 2000s.

A new survey shows most Americans are optimistic about the housing market. Just not quite as optimistic as they were a few months ago. And fewer like where the economy is going.

The Senate voted Monday night to confirm Paul Compton, President Trump's nominee for HUD General Counsel.

Existing home sales posted back-to-back gains in 2017, and contract signings to close on existing home sales increased for the first time in four months, according to a report by Fannie Mae.

Builders are confident about the housing market’s expansion in 2018 on the back of rising demand for housing and tight supply of existing home inventory.