In a $4.3 billion deal announced last week, two of the country’s largest landlords of single-family rentals agreed to merge.
The new Duty to Serve rule seeks to improve how Fannie Mae and Freddie Mac support low-income households.
The rental housing landscape is rapidly changing. Meanwhile, the pace of constructing new rental housing supply can't meet growing demand.
The number of first-time homebuyers remains strong, while the number of repeat homebuyers lags well below its historical average.
For decades, Fannie Mae and Freddie Mac have issued separate mortgage-backed securities. But the price difference between the two has cost taxpayers billions.
The median FICO score for borrowers approved for agency-originated loans has declined from 742 in June 2016 to 725 in April 2017.
Community banks don’t have the resources of larger, national banks, so navigating the myriad of available mortgage lending programs can be a daunting task.
A close look at the data makes it clear that homeownership doesn’t protect low-income homeowners from the same cost burdens as low-income renters.
Obtaining an appraisal has become a longer process, creating challenges for many potential American homebuyers.
The presence of risky products, not increased lending to riskier borrowers, was a bigger contributor to the 2008 housing crisis.