Fannie Mae reported $14.4 billion in profit for 2025, a year in which it provided $409 billion in liquidity to the mortgage market and increased its purchases of mortgage-backed securities (MBS), the company said Wednesday. Net income declined by $2.6 billion from the prior year, primarily due to a $1.8 billion shift from a benefit…
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Anywhere Real Estate is the real estate industry’s latest data breach victim. The firm discovered that there had been a cybersecurity incident impacting its Oracle E-Business Suite (EBS) environment in late November. The breach was officially disclosed to attorneys general in Maine, New Hampshire, Texas and Vermont, as well as the Massachusetts Office of Consumer…
Affordability is improving in 37 out of the 50 most populous metros in the U.S. as mortgage rates come down and household incomes gradually rise. However, in pricey coastal markets, most households still only earn about half of what is necessary to afford the typical home.
An attempt to disqualify a California “yes in my backyard” advocacy group has failed, quickly putting to rest a complaint that its leader falsely acted as an unlicensed lawyer. After an internal investigation, the State Bar of California concluded YIMBY Law Executive Director Sonja Trauss is an activist, not a lawyer. “Throughout our investigation, there…