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More Housing Articles

  • Castro: Hispanics key to US housing sector future

    AUSTIN, Texas (AP) — The nation's housing secretary says a booming Hispanic population will drive the future of America's residential real estate market and predicts that a major overhaul of federal immigration laws would create a further boon to home sales across the country. Julian Castro,...

  • Obama's chances to wind down Fannie and Freddie before November slipping away

    Hope for reforming Fannie Mae and Freddie Mac dims as Congress finishes up its business before the November elections, even as administration officials intensify the push to fix housing finance and boost home lending.

  • Officials' kin on public housing dole

    A Michigan public housing commission is shot through with conflicts of interests, including two top officials with family members benefiting from the federal program, according to a government watchdog.

  • New HUD chief: Mortgage credit too tight

    In one of his first speeches as secretary of Housing and Urban Development, Julian Castro joined other members of the Obama administration in warning that it now is too difficult to qualify for a home loan.

  • Once-troubled reverse mortgages poised for rebound

    WASHINGTON (AP) — Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions. Industry analysts expect strong...

  • Average US 30-year mortgage rate at 4.12 percent

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan edged up to 4.12 percent from 4.10 percent last week, where it had stayed for three...

  • Average US 30-year mortgage rate at 4.12 percent

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan edged up to 4.12 percent from 4.10 percent last week, where it had stayed for three...

  • Regulators hope to finish major mortgage rule this year

    Federal regulators expect to finish writing this year a long-overdue mortgage regulation that was one of the most important provisions of the 2010 Dodd-Frank financial reform law.

  • Housing bias dispute could return to Supreme Court

    WASHINGTON (AP) — It's not easy to prevent the Supreme Court from deciding an issue once the justices have agreed to hear a case. But over the past two years, civil rights advocates have managed to do just that by coaxing settlements in a pair of high-profile housing discrimination cases weeks...

  • A look at the legal doctrine of disparate impact

    The Supreme Court could decide this month to take up another housing discrimination case that challenges a legal doctrine known as disparate impact. Two previous housing bias cases were settled out of court in 2012 and 2013, just before the justices were set to hear oral arguments. A look at...

  • Senate bill to end Fannie Mae, Freddie Mac would save $60 billion

    The Congressional Budget Office just released an estimate of a bill that cleared the Senate Banking Committee in May and has failed to gain traction in the Senate.

  • Ex-housing director admits taking $1.5M in bribes

    HARTFORD, Conn. (AP) — Federal prosecutors say a Connecticut man has admitted taking about $1.5 million in bribes while serving as the executive director of the West Haven Housing Authority. U.S. Attorney Deirdre Daly says 55-year-old Michael Siwek of North Haven pleaded guilty Thursday in...

  • Conservative analysts warn of growing Fannie and Freddie

    In a major speech in May, Watt announced that he would be redirecting the agencies' mission from shrinking Fannie and Freddie's market footprint toward expanding mortgage credit.

  • Fannie Mae, Freddie Mac regulator aims to boost low-income lending

    The FHFA proposal calls for the agency to buy more refinancing mortgages for low-income families and to increase Fannie Mae's goals for low-income families in multifamily units.

  • US home prices rose at slower pace in July

    WASHINGTON (AP) — U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales. Real estate data provider CoreLogic said Tuesday that prices rose 7.4 percent in July from July 2013. That was slightly below June's...



From the Weekly Standard

  • All Together Now

    Republican voters are down on the sluggish GOP officials they elected, and the officeholders whine about the unreasonable people who voted for them. Republican backbenchers complain about their...

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    As far as newspaper corrections go, it was a whopper. On August 24, the editors of the New York Times sucked the air out of a windy essay that had blown through its pages a few days before. The...

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    A new poll from Public Opinion Strategies, commissioned by Independent Women’s Voice, finds that people who care about the issue of Obamacare really don’t like Obamacare.  On the flip side,...

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