Tag: Housing Finance
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If the Fed Keeps Up the Rate Cuts, More Seniors Will Open HELOCs in 2026
For a great many seniors, home equity is up. And as interest rates are easing (a little), home equity borrowing is likely to get (a little) cheaper. Tens of millions of seniors could be tempted to take out lines of credit on their homes. They’ll then invest money into bucket-list projects, like major home updates.…
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Fannie Mae and Freddie Mac Boss Faces Investigation—After Accusing Others of Loan Fraud
Real estate developer William (Bill) Pulte directs the Federal Housing Finance Agency (FHFA). Pulte is also the self-assigned chair of the boards of both Fannie Mae and Freddie Mac. Now, an investigation is underway as to whether Pulte (together with select employees) has misused federal authority and resources.
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Time to Make Financing a Manufactured Home Easier. Meanwhile, What a Difference Holding the Deed Makes!
Manufactured housing — and this includes mobile homes — make up a key segment of financially accessible housing. Today, 18 million people have roofs overhead thanks to manufactured homes. Most own them. Most are deed holders who took out mortgages from banks or credit unions. But it wasn’t easy for them. Some applied for regular…
