FHFA Amends GSE Stock Purchase Agreements; Leaves Decision on Conservatorship to Biden Administration
Fannie Mae and Freddie Mac will not exit federal conservatorship under the Trump Administration; the Federal Housing Finance Agency will leave that decision to the Biden Administration, FHFA said late yesterday.
December New Home Purchase Mortgage Applications Up 42% From Year Ago
The Mortgage Bankers Association’s Builder Application Survey data for December shows mortgage applications for new home purchases edged up by just 0.2 percent from November but improved by 42.2 percent from a year ago.
Initial Claims Soar to 5-Month High
Initial claims for unemployment benefit jumped to their highest level since August as continued fallout from the coronavirus pandemic and a stumbling economy kept workers on the sidelines.
Appetite for Real Estate Continues Despite COVID-19
Many institutional investors expect to increase their allocations to commercial real estate investment, reported the Pension Real Estate Association, Hartford, Conn.
Voices: Courageous Conversations With Women of Color
Recent events across our country have elevated the conversation around diversity, equity and inclusion. For women of color, it's time to tell their story.
