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FHFA Sets Affordable Housing Goals, Requesting Public Comment

by devteam September 2nd, 2014

The Federal Housing Finance Agency (FHFA) is seeking public comment on a set of preliminary affordable housing goals for the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac for the next three years. There is a single set of single

New Credit Score Model Would be Great for Housing! Too Bad it Won't be Used

by devteam August 29th, 2014

FICO, the company that develops proprietary scoring models for credit bureaus and lenders, announced August 7 that a new model (FICO Score 9) would be released this fall. FICO's press release caught buyers', Realtors', and lenders' attention, as the new

Housing Market Entering Dicey Transition Phase

by devteam August 29th, 2014

RealtyTrac estimated that home sales in July were at an annualized rate of 4.63 million units , a decrease of 3 percent from June and down 12 percent from July 2013. This would be the third consecutive month in which RealtyTrac has projected a decrease

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