Tag Archives: Fannie Mae

Housing Recovery Shows Up In Job Gains

Residential construction jobs increased by just over 6,000 in April from the previous month, according to the Bureau of Labor Statistics, and residential specialty trade contracting jobs (plumbers, electricians, roofers, etc.) grew by over 7,000. Those workers need more trucks, … Continue reading

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They Bailed on Their Homes—Now They Want Back In

While home ownership has fallen dramatically since the recent housing boom, from a high of 69.2 percent in 2004 to 65.4 percent at the end of 2012, according to the U.S. Census, the desire to own a home is still … Continue reading

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They Bailed On Their Homes

A new survey of past clients by YouWalkAway.com, a website that assists borrowers in the legal pitfalls of strategic default, found that nearly 80 percent expressed a desire to buy a home again within the next twelve months. It also … Continue reading

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Meet America’s New Landlords: REITs

To see that growth, look no further than Edelheit’s brand new Atlanta office space, where he now employs 150 workers full-time and hundreds more part-time. His REIT owns close to 2000 properties in Georgia, North Carolina and Florida, and they … Continue reading

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Housing’s Recovery Means Fewer Can Afford Homes

Rising home prices are not the only factors hitting home affordability. Fees charged to lenders by Fannie Mae and Freddie Mac (known as “guarantee fees” for bundling and selling mortgages) began rising dramatically in the past month and are now … Continue reading

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