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Freddie Mac reported comprehensive income of $2.6 billion during the third quarter, up from $2.4 billion in the second quarter but down from the $4.7 billion reported in the third quarter of 2017
Freddie Mac Generated $2.6B in Q3 Income
Freddie Mac reported comprehensive income of $2.6 billion during the third quarter, up from $2.4 billion in the second quarter but down from the $4.7 billion reported in the third quarter of 2017.   Freddie Mac also reported net income of... Read more
The national housing inventory grew by two percent, or 25,000 listings, in October, according to new data from Realtor.com
National Housing Inventory Up Two Percent in October
The national housing inventory grew by two percent, or 25,000 listings, in October, according to new data from Realtor.com. This marks the first time in four years that the inventory level increased.   The fastest inventory growth was... Read more
New homebuyers can expect an average of four months of falling credit after purchasing their property, according to a new data analysis from LendingTree
New Study Tracks Credit Score Recovery After Homebuying
New homebuyers can expect an average of four months of falling credit after purchasing their property, according to a new data analysis from LendingTree.   On average, credit scores for homebuyers fall by 15 points and take 160 days to... Read more
Fewer people were seeking out home loans in the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. 26
Mortgage Applications Down by 2.5 Percent
Fewer people were seeking out home loans in the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. 26.   The Market Composite Index was down by 2.5 percent on a seasonally adjusted basis from... Read more
The homeownership rate during the third quarter was 64.4 percent, according to new data from the U.S. Census Bureau
Q3 Homeownership Rate Holds Steady
The homeownership rate during the third quarter was 64.4 percent, according to new data from the U.S. Census Bureau. This represents scant increases from the 64.3 percent rate in the second quarter and the 63.9 percent rate from the third... Read more
MBA’s Opens Doors Foundation has announced it raised $685,175 during the Mortgage Bankers Association’s 2018 Annual Convention and Expo
MBA Opens Doors Foundation Raises $685K-Plus During Annual Convention
MBA’s Opens Doors Foundation has announced it raised $685,175 during the Mortgage Bankers Association’s 2018 Annual Convention and Expo held in Washington, D.C. in October. The generous contributions given by convention attendees, combined... Read more
The Federal Housing Finance Agency (FHFA) has requested input on is seeking comments on proposed amendments to the existing regulation for the Federal Home Loan Bank (FHLBank) Housing Goals
FHFA Proposes Changes to FHLBank Housing Goals
The Federal Housing Finance Agency (FHFA) has requested input on is seeking comments on proposed amendments to the existing regulation for the Federal Home Loan Bank (FHLBank) Housing Goals.   According to the FHFA, the proposed changes... Read more
There were 1.4 million vacant single-family homes and condos on the market in the third quarter, representing 1.52 percent of all residential properties
Fewer Vacant and Zombie Properties on the Market
There were 1.4 million vacant single-family homes and condos on the market in the third quarter, representing 1.52 percent of all residential properties, according to new statistics from ATTOM Data Solutions. The third quarter also saw 10,... Read more
Three new data reports are pointing to evidence that housing is shifting from a seller’s market to a buyer’s market
Has Housing Become a Buyer’s Market Again?
Three new data reports are pointing to evidence that housing is shifting from a seller’s market to a buyer’s market.   The new S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions,... Read more
The Federal Housing Finance Agency (FHFA) announced the current $35 billion multifamily lending caps used respectively by Fannie Mae and Freddie Mac will be retained into 2019
More Single Female Homebuyers Than Single Male Buyers
When it comes to homebuying, it seems the theme song of the year could easily be Beyonce’s “Single Ladies:” Single women outpace single men when it comes to homebuying, according to the newly released National Association of Realtors (NAR... Read more