WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) announced its 2023 Servicer Total Achievement and Rewards™ (STAR™) Program results, recognizing 32 mortgage servicers for competency, capacity, and overall performance. For more than a decade, Fannie Mae’s STAR Program has awarded high-performing mortgage servicers for their loan volume and portfolio composition, and for demonstrating leading practices to improve […]
Economy Expected to Decelerate in 2024 After Surprisingly Resilient 2023 WASHINGTON, DC – Single-family home sales likely bottomed out in Q4 2023 and, due to the recent pullback in mortgage rates, are expected to begin a slow but meaningful recovery over the course of the next year, alongside upward-trending mortgage origination activity, according to the […]
Joint Release Department of Housing and Urban Development Office of the Comptroller of the Currency Federal Housing Finance Agency Consumer Financial Protection Bureau Washington, D.C. – Four federal agencies will host a roundtable discussion September 12, 2023, at 3:00 p.m. EDT regarding the availability of special purpose credit programs (SPCP) to help meet the credit […]
RE/MAX® proudly announces another remarkable achievement, as thousands of its agents have been recognized as “America’s Best” on the RealTrends + Tom Ferry America’s Best Real Estate Professionals List. An impressive 4,117 RE/MAX professionals qualified for the honor, which is based on 2022 productivity. RE/MAX agents also stood out in the recently released RealTrends + […]
WASHINGTON, DC – The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) decreased in May by 1.2 points to 65.6, as affordability constraints continue to color consumers’ perceptions of homebuying and home-selling conditions. Four of the HPSI’s six components decreased month over month, most notably the component polling consumers’ belief that it’s a “good time […]
ATLANTA, Oct. 18, 2022 — The Home Depot® launched a new jobseeker marketplace created to connect skilled tradespeople to hiring trades professionals in the construction and home improvement industries. According to a new survey conducted by The Home Depot in partnership with Morning Consult, half of trades professionals (50%) say that determining whether an applicant […]
ATLANTA, The Home Depot® today announced Home Depot Ventures, a venture capital fund created to identify, fund and partner with early-stage companies to accelerate emerging technologies that aim to improve the customer experience and shape the future of home improvement. The $150 million fund aims to invest in companies that advance The Home Depot’s ability […]
NEW YORK, Dec. 17, 2021 /PRNewswire/ — Real estate developers of color in Nashville, Tennessee, Northern Virginia and Washington state’s Puget Sound region are eligible for organizational capacity building and project-related grants from Enterprise Community Partners (Enterprise) through a $5 million grant from The Amazon Housing Equity Fund. The funds will help developers of color […]
WASHINGTON, Sept. 20, 2021 /PRNewswire/ — For the second month in a row expectations for near-term real GDP growth were revised downward – and outward – due to persistent supply chain disruptions and labor market tightness, according to the September 2021 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The […]
SEATTLE, May 11, 2021 — (NASDAQ: RDFN) — Redfin forecasts a record $2.53 trillion worth of home sales in America in 2021—a 17% year-over-year gain that would mark the largest annual increase in percentage terms since 2013. Redfin (www.redfin.com), the technology-powered real estate brokerage, made the prediction in a new report out today. To put […]