Breaking News
  • Freddie Mac reports $354M net loss in first quarter

    Freddie Mac reported a $354 million net loss in the first quarter, significantly down from its $2.2 billion net income recorded in the fourth quarter of 2015. The news is a reminder of the GSE's net loss in the third quarter of 2015, which marked the first loss in four years. But despite the news, Freddie CEO Donald Layton remains positive on the results. Click the headline to find out why.

Real Estate The Ticker

Behind the scenes of San Francisco housing boom

By the numbers, the city jumped to 4,200 residential units under way by the middle of last year, 20 times the number from the year before. Another 32,120 dwellings are planned in future years on a base of about 300,000-plus units across in the city. But there are caveats, San Francisco Chronicle reports.

Reprints

Services Guide

Comments powered by Disqus