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The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system.
“The supply wave has brought 50-year high deliveries to certain metros … but the increased competition is slowing rent growth, especially in booming Sun Belt markets,” said Doug Ressler, Senior Analyst and Manager of Business Intelligence at Yardi Matrix. metro areas and the emphasis on high-end residences.
A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. By one estimate , the global cryptocurrency market, although volatile, is valued today at around $1.8
The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement. years, according to recent data, when it was only about five years just before the housing market crash of 2007. for a homeownership rate of 48.6%.
” The Treasury is allocating $100 million by 2027 to finance affordable housing in a new program administered by the Community Development Financial Institutions (CDFI) Fund. By law, they are required to devote at least 10%. Voluntarily, the FHLBs have already increased their commitment to 15%.
The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. It is critical that the Enterprises meet these goals, as required by law and regulation.
It is critical that the Enterprises meet these goals, as required by law and regulation. The benchmark level or real market level of loans for each category shown in the table below must be met by the Enterprises in order to accomplish the single-family housing goals.
For anyone wondering what a Democratic or Republican presidential administration might look like for the housing market in 2025 and beyond, industry experts can provide some insights based on their experience in government, proximity to D.C. For example, zoning laws, an imperative for building new homes, are local administrative issues.
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