MBA sees benefits, shortcomings in FHFA’s new ERCF rule

The Mortgage Bankers Association (MBA) this week appeared to relay caution to its members about the announcement from the Federal Housing Finance Agency (FHFA) last week that it had published a new, final rule on the Enterprise Regulatory Capital Framework (ERCF) related to commingled securities.“Th
Read MoreModular homebuilding startup Veev on the verge of bankruptcy

Veev, a promising modular homebuilding company that’s raised $600 million, could close after a plan for a capital raise failed, according to reporting out of Israel. There are talks about a “leading company” potentially acquiring California-based Veev, but the negotiations remain in the very early s
Read MoreWhy aren’t there more new homes for sale?

In a country of more than 335 million people, with 157 million of those people working, we still only have 76,000 new homes available for sale as we head into December. The crazy part of this story is that this number looks perfectly normal to me. One of the urban myths spouted by people needing mor
Read MoreHere’s why home sales will climb in 2024

If you follow real estate data closely, you’ll know that inventory rose late into November. You also know that new listings are up over last year, too. However, what you might not know is that home sales are climbing, which is a good sign.Watch the video above to get the latest housing market update
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