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Government


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HUD Secretary Marcia Fudge Announces Forthcoming Resignation

U.S. Department of Housing and Urban Development Secretary Marcia Fudge has said that she intends to leave office later this month




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Government

Obama looks to preserve role of government in mortgage market

President Obama has directed a small team of advisers to develop a proposal that would keep the government playing a major role in the nation’s mortgage market, extending a federal loan subsidy for most home buyers, according to the Washington Post.

Government

Study: Tax credits had little effect on housing markets

A new paper found that the average listing of home prices rose about $8,000 the month after the first major tax credits for the same amount went into effect, and they fell by slightly less than $9,000 two months after they expired.

Best Practices

Lead paint rules hurting the good guys

The EPA’s LRRP lead paint rules put us, as an industry, in an awkward place. We have a rule that is, by all accounts, increasing the cost of…

Financial

70 Percent of Americans Surveyed Tell Fannie Mae It's a Good Time To Buy a Home

Almost three quarters of Americans give home buying the thumbs up, from 64 percent in a Fannie Mae survey conducted in January.

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