Construction Spending Picks Up
The U.S. Census Bureau estimated December 2023 construction spending increased 0.9% in December to a seasonally adjusted annual rate of $2,096.0 billion.
FHFA Releases Non-Performing Loan Sales Data
Fannie Mae and Freddie Mac sold 163,297 non-performing loans with a total unpaid principal balance of $30.0 billion from program inception in 2014 through June 30, 2023, the Federal Housing Finance Agency reported.
MISMO Publishes Update to Engineering Guideline for Class Words
MISMO, the real estate finance industry's standards organization, yesterday announced the publication of the updated MISMO Engineering Guideline (MEG) 7.