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FEMA funds blocked illegally, GAO finds

September 16, 2025 by bp56691
The Government Accountability Office said FEMA violated the Impoundment Control Act, which bars the withholding of congressionally approved funding.
Categories Disaster Relief, FEMA, Government, Housing Market, HWmember, Politics, Trump Administration

Section 8 use barriers analyzed in new study

September 16, 2025 by bp56691
While the Section 8 program enables more than 2 million low-income families each year to rent housing, thousands of vouchers go unused.
Categories Affordable Housing, Housing Market, Housing Policy, HUD, HWmember, Multifamily Housing, Rental Assistance, Single-Family Rentals

Emilia Bechrakis Serhant joins SERHANT. as licensed agent

September 16, 2025 by bp56691
Ryan Serhant’s wife is making the jump from title insurance to real estate sales by joining her husband’s brokerage.
Categories Brokerage, HWmember, New York City, Real Estate, Ryan Serhant, SERHANT.

Amazon-backed affordable housing hits Seattle milestone

September 15, 2025 by bp56691
Amazon’s fund originally pledged to support 20,000 units across Seattle, Nashville, and Arlington, Virginia, and it has surpassed that.
Categories Affordable Housing, Amazon, Housing Market, HWmember, Multifamily Housing, Rental Properties, Seattle, Washington

Trump wants quarterly earnings reports to become a relic of the past

September 15, 2025 by bp56691
President Trump posted on Truth Social on Monday morning that publicly traded companies should instead report on a six-month basis.
Categories Donald Trump, Earnings, Housing Market, HWmember, Regulatory, Securities and Exchange Commission, Trump Administration

Lisa Cook loan docs listing ‘vacation home’ seem to undermine mortgage fraud claims

September 13, 2025 by bp56691
The loan estimate for an Atlanta condo Cook bought in 2021 shows that Cook declared the property a “vacation home,” not a primary residence.
Categories Bill Pulte, Federal Reserve, HWmember, Jerome Powell, Mortgage, Mortgage Fraud, Politics, Regulatory

Midwest housing markets defy national days on market trends

September 12, 2025 by bp56691
Midwest housing markets defy national days on market trends
Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market.
Categories Artificial Intelligence, Home Prices, Housing Market, HWmember, Indiana, Kansas, Milwaukee, Minneapolis, Minnesota, Missouri, Real Estate, Wisconsin

Commerce Secretary Lutnick says Fannie, Freddie IPO ‘could well be this year’

September 12, 2025 by bp56691
Lutnick appeared on CNBC to offer comments about the plans and said the offering “could potentially be the largest IPO in history.”
Categories Conservatorship, Department of Commerce, Fannie Mae, Freddie Mac, GSE Reform, GSEs, HWmember, IPO, Mortgage, Regulatory, Trump Administration

Foreclosure filings rise 18% year over year in August

September 12, 2025 by bp56691
Lenders started foreclosure proceedings on 24,254 properties in August, a slight decrease from July but up 17% from last year.
Categories Attom Data Solutions, Florida, Foreclosure, Homebuying, HWmember, Mortgage, Nevada, South Carolina

Home equity levels remain high even as price appreciation has cooled

September 12, 2025 by bp56691
Home equity levels remain high even as price appreciation has cooled
Cotality’s home equity report for the second quarter of 2025 shows the average U.S. homeowner with a mortgage has $307,000 in equity.
Categories Cotality, Data & Visuals, Home Equity, Home Price Appreciation, Housing Market, HWmember, Negative Equity, Selma Hepp
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