Debate heats up around GSEs’ potentially larger role as MBS buyers
Mortgage industry experts are divided over the idea of allowing Fannie Mae and Freddie Mac to increase their purchases of mortgage-backed securities (MBS) in order to reduce mortgage rates, a proposal recently suggested by trade groups. While the government-sponsored enterprises (GSEs) could create
Real estate leaders praise federal housing action, stress first-time buyer help
For Keith Robinson, co-CEO of NextHome, the surge of federal attention on the housing shortage is a positive first step — but one that must be tempered by patience and practicality. “I’m ecstatic that it’s a conversation now, because that’s the first step,” Robinson said. “It’s gone from no one talk
What changes are industry leaders demanding from NAR?
The National Association of Realtors (NAR) and its CEO Nykia Wright have broadly acknowledged that things within the trade organization need to change. And while the trade group and its leadership team have taken steps in that direction, meeting with members across the country and pushing for improv
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