Freddie Mac, which re-entered the Low-Income Housing Tax Credit market last year after nearly 10 years away, is partnering with RBC to provide more than $180 million for affordable rental housing. The fund has already closed 10 transactions, including two in Puerto Rico and eight more in five states: New York, South Carolina, Tennessee, Texas, and West Virginia.

Last January, REX, a tech-focused real estate brokerage that does not use the MLS, raised $15 million in its Series B funding round to fund a national expansion. Now, just over a year later, the company has raised triple that amount.

When Tim Mayopoulos stepped down as CEO of Fannie Mae, he said that he wanted to stay in housing and hoped to focus on technology in the next step in his career. He's apparently found both of those at Blend, which announced Tuesday that Mayopoulos is joining the company as president.

After seeing gains in previous months, existing home sales dropped suddenly in December, seeing double-digit losses from the year before. Due to the prolonged government shutdown, some might wonder what the effect has been on real estate, and if it is to blame for the decrease in home sales. NAR explains.

The Federal Housing Finance Agency revealed it will no longer defend its own structure, calling itself unconstitutional. In a filing to the fifth circuit, FHFA Acting Director Joseph Otting urged the court to dismiss the case and leave the previous judgment intact.

One expert explained that while housing tech is improving, dreams of an all-tech experience where homes can be bought in a matter of minutes might be just a bit ambitious. He shares what he thinks housing tech will look like in five years.

Well, we’ve gone a solid two months without a bad headline for Ditech Holding Corp., the nonbank formerly known as Walter Investment Management, but it looks like the company is in trouble again. The company disclosed in an SEC filing that it's run into more trouble with creditors and is firing its COO after just nine months.

Fannie Mae and Freddie Mac, in consultation with the Federal Housing Finance Agency, announced new mortgage origination requirements this week in light of the ongoing government shutdown.