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Results: 121 Articles found.
Dec 20, 2017 12:30 PM

Demand for Student Housing to Stay Strong, Census Data Show

Estimates show that by 2035 there will be 31 million people in the U.S. aged 18 to 24, which will create ongoing demand for student housing, according to data from the U.S. Census Bureau, National Real Estate Investor reported Dec. 12.

 
Dec 13, 2017 12:30 PM

FHA to Stop Purchasing Loans with PACE Assessments

The Federal Housing Administration announced Dec. 7 that it would stop issuing mortgages on properties that include Property Assessed Clean Energy assessments. The decision is part of a broader effort to protect the agency's Single Family Mutual Mortgage Insurance Fund, which has a net worth of $25.6 billion.

 
Dec 13, 2017 12:30 PM

Ginnie Mae Targets Lenders Who Prey on Veterans

Ginnie Mae announced Dec. 7 that it is going after lenders that pressure veterans into mortgage refinancing they don't need and that offer rates 1.5 points above market, Bloomberg reported. Ginnie Mae guarantees payment on $2 trillion in mortgage-backed securities, including loans made through the U.S. Department of Veterans Affairs.

 
Dec 13, 2017 12:30 PM

CoStar, Xceligent Engaged in Settlement Talks

Analytics firms CoStar and Xceligent are purported to be in advanced discussions to settle a year-long intellectual property lawsuit, Bisnow reported Dec. 6. A court order prohibits both parties from discussing a potential settlement of the suit in which CoStar accused Xceligent of stealing its proprietary data.

 

GSEs Owe Billions; FHFA Fighting to Pay Much Less

Fannie Mae and Freddie Mac owe the government $7.7 billion by the end of the year, but their regulator, the Federal Housing Finance Agency, is negotiating with the White House to pay a significantly smaller sum to give the government-sponsored enterprises a buffer against future losses, Bloomberg reported Nov. 29.

 

FHFA to Increase Conforming Loan Limits for 2018

The Federal Housing Finance Agency announced Nov. 28 that the maximum conforming loans limits for mortgages purchased by Fannie Mae and Freddie Mac next year will be $453,100 for most single-unit properties, up from $424,100 this year. The limit is based on the average U.S. home price.

 
Dec 01, 2017 12:30 PM

Banks Delayed Foreclosures to Influence Dodd-Frank, Research Shows

Banks servicing delinquent mortgages in 2009 and 2010 are alleged to have delayed foreclosure proceedings in electoral districts of then-members of the House Financial Services Committee to influence congressional action on Dodd-Frank, according to research from Georgetown University, Ohio State University, Rutgers University and the Federal Reserve in Chicago, MarketWatch reported.

 
Dec 01, 2017 12:30 PM

Keeping Inflation Below 2 Percent is Major Fed Challenge, Yellen Says

Third quarter core inflation was 1.3 percent, up from 0.9 percent the second quarter, and keeping inflation under 2 percent is one of the Fed's biggest challenges, outgoing Federal Reserve Chair Janet Yellen told a New York University audience Nov. 21, MarketWatch reported.

 
Nov 08, 2017 12:30 PM

Airbnb Drives Up Rents, Home Prices, Research Shows

Home-sharing service Airbnb contributes to an increase in both rents and home prices by making it financially viable for homeowners to refrain from selling their house or finding a long-term renter, further reducing the already limited supply of available properties, according to researchers at UCLA, MarketWatch reported Oct. 31.

 
Nov 08, 2017 12:30 PM

Trump Committed to Ending GSE Conservatorship: VP's Economist

The Trump administration is committed to ending conservatorship of Fannie Mae and Freddie Mac, according to Mark Calabria, the vice president's chief economist, HousingWire reported. Speaking at a housing conference Nov. 1, Calabria said the current conservatorship agreement for the government-sponsored enterprises leaves taxpayers too exposed to the mortgage market.

 
 
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