Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’
Priscilla Almodovar, the CEO of Fannie Mae (OTC: FNMA) has looked at the housing market and said she never saw anything like it. In an interview with MarketWatch, pointed to home prices that are still at historic highs. “It’s a highly unaffordable market right now,”...
Airbnb Debuts Co-Host Network
Airbnb Inc. (NASDAQ: ABNB) is now offering a co-host network designed help Airbnb hosts manage their properties. Under the program, co-hosts will manage listings, answer reservation inquiries, communicate with guests, contract for cleaning services and handle problems...
SBA to Pause New Disaster Loan Origination, Citing Lack of Funds
The Small Business Administration (SBA) announced it exhausted funds for its disaster loan program and will need to pause new loan offers for its direct, low-interest, long-term loans to disaster survivors until Congress appropriates additional funds. However, SBA...
Forecast: Property Damage from Hurricane Milton Could Cost up to $50 Billion
Insured industry losses to onshore property for Hurricane Milton could range from $30 billion to $50 billion, according to a forecast from the Extreme Event Solutions group at Verisk (NASDAQ: VRSK). The new forecast noted the back-to-back impact of Hurricane Helene...
Mother of Missing Texas Real Estate Agent Fears Her Daughter is Dead
The mother of an Olmos Park, Texas-based real estate agent who disappeared a week ago after a violent fight with her husband believes that her daughter is no longer alive. KSAT 12 News reported that Suzanne Clark Simpson was last seen by a neighbor on the evening of...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
