As president of the National Community Stabilization Trust, Gordon has written numerous papers on housing finance and policy and has testified as an expert before Congress on multiple occasions. Gordon is a regular speaker at conferences that address affordable housing concerns and advises public figures on the issues at hand, meeting regularly with HUD and FHFA officials, as well as with key staff in the House of Representatives and Senate. Gordon helped transition nearly 7,000 foreclosed properties to mission-oriented developers and land banks. She also helped expand the organization’s Neighborhood Stabilization Initiative footprint to 28 different metropolitan statistical areas with high volumes of low-value REO inventory. Under Gordon’s leadership, NCST has emerged as a strong policy voice on blight prevention, non-performing loan sales, single-family rental, the GSEs’ Duty to Serve, mortgage policy and affordable housing. At NCST, she has raised the profile of several critical issues through an effective blend of policy work, coalition building, media engagement, and relationships with regulatory and executive agencies.
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The question on everyone’s minds: When will this hot housing market cool down? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review.
The average 30-year fixed-rate mortgage rose nine basis points from the week prior to 3.02%, according to data released Thursday by Freddie Mac‘s PMMS. This is the first time in ten weeks mortgage rates have risen above 3%.