Montgomery serves as Assistant Secretary for Housing and Commissioner of the Federal Housing Administration (FHA), a position that he held from 2005 to 2009 in George W. Bush’s administration. If confirmed by the full Senate, he would replace Pam Patenaude, who resigned last December.Average homeowner gains over $20,000 in wealth.
The latest CoreLogic Homeowner Equity Insights report found that homeowners with mortgages have witnessed a collective increase in equity amounting to a staggering $1.1 billion since the third quarter of 2022. This marks a year-over-year gain of 6.8%. The positive tre...
Home Purchase Sentiment Index reveals gloomy outlook among homebuyers.
Consumer sentiment regarding the housing market remains persistently pessimistic, according to the latest Fannie Mae Home Purchase Sentiment Index (HPSI). The index saw a 0.6-point decrease in November, indicating that consumers' outlook on homebuying conditions is hovering ...
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