This is why you can't blame Millennials for low homeownership rates

Pending home sales drop for the first time in 2015

May level down 1.8% on low inventory, escalating prices

Bill to kill $3M raises for Fannie, Freddie CEOs gains momentum

Rep. Ed Royce-sponsored bill now has bipartisan support
W S

Items Tagged with 'Congressional Budget Office'

ARTICLES

Can you guess the financial weight of Fannie and Freddie?

Bipartisan Policy Center: No, and here's why
A huge portion of the nation’s budget is impacted by housing, which includes what goes on with Fannie Mae and Freddie Mac. Housing experts discussed what the federal government’s conservatorship of the government-sponsored enterprises could mean for the budget.
Read More

FHA sounds alarm on CBO data

Disputes data on the MMI fund, single-family mortgage program
The Federal Housing Administration sounded the alarm on a new Congressional Budget Office report, disputing some of its findings on the mutual mortgage insurance fund and the FHA single-familiy mortgage guarantee program.
Read More

FHA bailout pushes federal deficit to $22B

MMI fund to reach its capital ratio requirement by 2017
With the Federal Housing Administration drawing $1.7 billion from the Treasury into its Mutual Mortgage Insurance Fund for the first time in FHA history, the balance of the fund ended up costing the federal government a hefty sum.
Read More

Thanks to Fannie, Freddie, the federal budget deficit looks less frightening

The U.S. federal government ran a budget deficit of approximately $750 billion in the first eleven months of the 2013 fiscal year—a reduction of more than $400 billion from a year earlier thanks in part to higher tax revenue, lower defense spending, fewer outlays for the Troubled Asset Relief Program and $82 billion in payments from the government-sponsored enterprises.
Read More