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Small Lenders Increased Selling Directly to GSEs a Double-Edged Sword
The Federal Housing Finance Agency's Office of Inspector General (FHFA OIG) has released an evaluation of Fannie Mae's and Freddie Mac's (the GSEs) increased recent level of purchases of loans from small banks, credit unions, and non-bank mortgage companies
Housing Starts Fall Enough to Break 3yr Trend of Improvement
All three residential construction indicators fell in June according to the U.S. Census Bureau and the Department of Housing and Urban Development. Housing permits and housing starts were down for the second month in a row and completions, which increased
Foreclosures hit Important Milestone; Concerning Trends in Some States
It has been a long eight years, but foreclosure activity appears to have returned to levels last seen before the housing downturn was born in 2006. RealtyTrac said today that the 2 percent decrease in the various types of foreclosure filings in June brought
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...