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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.
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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.
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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.