The challenges facing the U.S. housing market and the commercial real estate markets will not be acknowledged by President Biden tonight in his State of the Union address. The advanced “fact sheet” of the speech released by the White House did not include...
Fannie Mae (OTCQB:FNMA) announced new capabilities for its Desktop Underwriter (DU) system. Effective March 29, Fannie Mae single-family lenders can use a single 12-month asset verification report in the DU validation service to identify recurring deposits in the...
Today’s homebuyers place more emphasis on the property’s price rather than its location, according to a new survey released by Coldwell Banker Real Estate, an Anywhere (NYSE: HOUS) brand. In a nationwide poll of 4,213 Americans, 56% of respondents cited price as being...
An increasing volume of Americans were filling out mortgage applications last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.7% on a seasonally...
Affordable homeownership opportunities in February were more abundant compared to one year earlier, according to Realtor.com’s housing report for February. Last month, homes in the $200,000 to $350,000 price range grew by 20.6% compared to February 2023,...
California Shuts Down Nano Banc; FDIC Estimates $114 Million Loss
