The Trump administration is dropping its efforts to push for 50-year mortgages as a strategy to encourage affordable homeownership. In November, Federal Housing Finance Agency Director Bill Pulte encouraged President Trump to float the idea for the 50-year mortgage....
The HUD Secretary on a roll, pending home sales on the rise, and Warren Buffett calls it a day. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 29-Jan. 2. Hit: An Honest Man. A big thumbs up for Housing and Urban...
Housing and Urban Development (HUD) Secretary Scott Turner declined to endorse President Trump’s proposal of a 50-year mortgage plan to help reanimate the housing market, stating the idea needed to be studied further before being put forth as a solution to the...
Trump’s 50-year mortgage plan, the continued upswing in foreclosure activity, and a military base’s unlikely neighbor. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 10-14. Miss: The Wrong Answer. The Miss of the week –...
White House officials are reportedly angry with Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), for influencing President Trump to announce his poorly received plan for a 50-year mortgage to encourage affordable homeownership. Politico, sourcing...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
