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Guest Opinion: Housing’s Fundamental Role in Economic Inclusion

Guest Opinion: Housing’s Fundamental Role in Economic Inclusion

by Raphael Bostic | May 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Raphael Bostic is president and CEO of the Federal Reserve Bank of Atlanta. This article is adapted and edited from a recent speech delivered before The Murphy Institute at Tulane University in New Orleans. Housing is so foundational to family well-being and security...
Fannie Mae Updates Equitable Housing Finance Plan

Fannie Mae Updates Equitable Housing Finance Plan

by Phil Hall | Apr 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fannie Mae (OTCQB: FNMA) released its annual update to the 2022-2024 Equitable Housing Finance Plan designed to eradicate barriers faced by historically underserved communities. The 2024 Plan outlines 23 specific actions that expand action from the plan’s first two...
Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households

Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households

by Phil Hall | Feb 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The gap between the share of Black and White households in rental properties that could comfortably afford a mortgage payment narrowed during the pandemic, according to new data from Zillow (NASDAQ:Z, ZG). Zillow cited American Community Survey statistics from 2022...

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