News

Housing policy affects income inequality and single-family housing in a number of ways, according to a recent report from the Urban Institute.

Home Depot recently revealed its second quarter results revealing that it experienced a record number of transactions in the last three months. Multiple market watchers believe the health of home depot is a sign of the housing market recovery overall, CNNMoney said in a report.

The Federal Housing Finance Agency announced a final rule establishing the housing goals for Fannie Mae and Freddie Mac for both single-family and multifamily housing.

The minutes from the July 28-29, 2015 Federal Open Market Committee (FOMC) meeting released Wednesday confirmed that the economy is still unprepared for a hike in the federal funds rate, but the increase is imminent.

A rise in refinance activity boosted mortgage applications up 3.6 percent from last week, according to data from the Mortgage Bankers Association's weekly mortgage applications survey for the week ending August 14, 2015.

MCS Valuations (MCSV) has announced the closing of its Sandy, Utah, office. The company will move of all of its operations to the Mortgage Contracting Services (MCS) headquarters in Plano, Texas, and MCS offices in Tampa, Florida, and Ruston, Louisiana.

DocMagic, Inc., recently named Gavin T. Ales as its chief compliance officer, according to announcement from the company.

In a recently released white paper analyzing actions taken by the Federal Reserve in the immediate aftermath of the 2008 financial crisis, St. Louis Fed VP Stephen D. Williamson questions a few of the central bank's policies and the effect they have had on the economy.

According to NASDAQ Dow Jones Business News, a positive housing data report raised U.S. Treasury yields on Tuesday.

The aging baby boomer population is something that is expected to affect both single family and multifamily housing markets, David Brickman, EVP of multifamily business at Freddie Mac explains in an executive perspective post.