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Consumer Confidence in Housing Market on the Rise

Consumer Confidence in Housing Market on the Rise

by Phil Hall | Nov 7, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Consumer confidence in the housing market rose to its highest level since February 2022, according to the latest data from the Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index. The October HPSI increased by 0.7 points to 74.6. The full index is up 9.7 points...
Appraisal Industry Warns Against GSE Waiver Updates from FHFA

Appraisal Industry Warns Against GSE Waiver Updates from FHFA

by Phil Hall | Oct 30, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Appraisal Institute has criticized the Federal Housing Finance Agency’s (FHFA) updates to several appraisal policies for the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). In a press statement, Appraisal Institute...
FHFA Updates GSEs’ Appraisal Policies

FHFA Updates GSEs’ Appraisal Policies

by Phil Hall | Oct 28, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced updates to several appraisal policies related to Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). The government-sponsored enterprises (GSEs) will expand eligibility for appraisal waivers and inspection-based...
Hits and Misses for the Real Estate Week of Oct. 14-18

Hits and Misses for the Real Estate Week of Oct. 14-18

by Phil Hall | Oct 18, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Selling homes with dinosaurs, climate change’s impact on football stadiums and the real estate developer friend from hell. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 14-18. Hit: Jurassic Property. Kudos to...
Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’

Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’

by Phil Hall | Oct 16, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

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,”...
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