Federal Reserve Chairman Jerome Powell has given his clearest signal that central bank is ready to cut interest rates in September. In a speech delivered today at an economic symposium sponsored by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming,...
The Utah-based real estate brokerage Homie has filed an antitrust complaint against the National Association of Realtors (NAR), claiming that the organization’s member agents have steered prospective buyers away from Homie’s listings. According to a Deseret News...
The Federal Housing Finance Agency (FHFA) issued a proposed rule to establish the 2025-2027 housing goals for the government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC). The FHFA said the goals would ensure the GSEs’...
The Federal Housing Finance Agency (FHFA) announced the government-sponsored enterprises Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC) are updating their Private Mortgage Insurer Eligibility Requirements (PMIERs). The GSEs first issued their PMIERs in...
The State of Utah filed a public lands lawsuit seeking the U.S. Supreme Court’s input on whether the federal government can indefinitely hold unappropriated lands within the state. The federal government currently controls nearly 70% of the land in Utah. According to...
The private equity firm Silver Canyon Group has acquired Franklin Homes, the Russellville, Alabama-based producer of manufactured housing, modular residential, and multifamily buildings. The financial terms of the acquisition were not disclosed. Franklin Homes was...
Hits and Misses for the Real Estate Week of June 22-26
