The last time the average home experienced a loss in value occurred in 2011, according to a new report. And this year, Vermont topped the list over every other state, experiencing an 11.8% growth since last year.
Read More »FHFA Increases Baseline Conforming Loan Limit by $40K+
Keeping pace with the rise in median housing prices nationwide year-over-year, the Housing and Economic Recovery Act requires the FHFA to adjust the GSEs’ baseline CLL value annually.
Read More »HUD Awards $25 Million to Seven Public Housing Agencies
HUD’s latest investment will boost access to housing vouchers for families by addressing barriers to equitable housing solutions in seven markets nationwide.
Read More »Fannie Mae Analysis Predicts a Rebounding Economy in 2025
"The economy is now slowing from the otherwise robust first estimate of third quarter growth," said Doug Duncan, Fannie Mae SVP and Chief Economist.
Read More »Mortgage App Volume Rises to Six-Week High
Homebuyers nationwide are finding some relief entering the Thanksgiving holiday, as mortgage rates have fallen to levels last reported in late-September, garnering interest from buyers and driving up overall app volume to levels not seen in over a month.
Read More »Identity Crisis
How can digitization help reshape the battle against seller impersonation fraud as cybercriminals continue to find new ways to exploit unsuspecting buyers?
Read More »Larry E. Thompson Elected Board Chair of the Federal Home Loan Bank of New York
Beginning his two-year term on January 1, Larry Thompson will assume the role of Board Chair of the Congressionally chartered, wholesale bank that is part of the Federal Home Loan Bank System.
Read More »FHFA to Drop Multifamily Loan Purchase Caps for GSEs in 2024
The FHFA has reduced the multifamily loan purchase caps for Fannie Mae and Freddie Mac in 2024, continuing a commitment to address the need for affordable rental housing nationwide.
Read More »FHA Helped 765,000 Families Purchase Homes in FY 2023
The FHA has issued its Annual Report to Congress for fiscal year 2023, highlighting the impact of insurance premium reduction, assistance for approximately two million struggling homeowners, and support of underserved borrowers and communities.
Read More »Renters Agree: Credit Score Would be More Stable if Rent was Included
Nancy Atwell, the Multifamily COO and SVP for Fannie Mae, has authored a new Perspectives Blog post focusing on renters and their credit reports using data from a new poll that found a sound majority of renters want their rent payments to count towards improving their credit file kept by the three credit bureaus.
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