Biden’s proposals for housing are ‘dead on arrival or troubling’: BTIG

President Joe Biden’s proposals for the housing and mortgage markets, announced during the 2024 State of the Union address on Thursday night, are “dead on arrival or troubling,” according to Isaac Boltansky, an analyst for financial services firm BTIG. Some of the proposals, which include tax incen
Read MoreHUD Secretary Marcia Fudge announces resignation

Marcia Fudge, the 18th Secretary of the U.S. Department of Housing and Urban Development (HUD), announced her resignation from office, according to an announcement released on Monday by HUD. Her last day will be March 22. Adrianne Todman, the current Deputy Secretary and HUD veteran, was named Actin
Read MoreFloify’s new platform aims to provide flexible pricing for mortgage lenders

Digital mortgage automation solution provider Floify launched a mortgage point-of-sale (POS) platform for lenders.Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender prof
Read MoreWill mortgage rates keep heading lower?
We survived jobs week and Federal Reserve Chairman Jerome Powell talking to Congress, with mortgage rates ending the week below 7%. But will mortgage rates keep heading lower? If so, what will this do to inventory levels? Let’s look at this week’s tracker data to get clues for the future.Mortgage ra
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