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Housing Headlines

Housing Headlines

Housing and the Election 

 

National Mortgage News

How mortgage lobby plans to influence Trump, Republican Congress

Mortgage lobbyists are eager to seize on Republican victories in the House, Senate and White House races, hoping to advance the industry's aims in the next Congress. (Subscription may be required.)

 

National Mortgage News

Lenders see influence expand as favored candidates win key races

Candidates supported by the mortgage industry by and large performed well on Election Day, with the notable exception of Hillary Clinton, leaving the door open for meaningful housing finance reform. (Subscription may be required.)

 

Construction Dive

3 key housing issues at play for the Trump presidency

Housing wasn't a major talking point on the campaign trail during the 2016 election, especially in comparison to 2008, when the mortgage finance crisis captured headlines. And so, the homebuilding industry knows little yet about how President-elect Donald Trump plans to address its pain points, including high housing costs and limited inventory, a high regulatory environment and a shortage of qualified labor — if at all.

 

Remodeling Magazine

NAHB 'remains steadfast' in its mission post-election 2016

As the books close on one of America's most divisive elections, the National Association of Home Builders released a one-page statement and a six-page analysis on what last night's results mean for housing. The statement focused primarily on issues that will be before a GOP-controlled Congress.

 

Business Insider

Housing could become even less affordable under President Trump

Housing is already too expensive for the droves of would-be buyers that are shopping in a market with limited inventory. 

 

National Mortgage News

Will Trump tackle housing finance reform?

Housing was the talk of the campaign two presidential elections ago, but it stayed under the radar in the 2016 race, leaving plenty of room to speculate about President-elect Donald Trump's likely mortgage policy for the next four years. (Subscription may be required.)

 

Bloomberg

Fannie-Freddie investors cheer Trump on hopes of policy changes

Shares of Fannie Mae and Freddie Mac surged at the open as investors in the mortgage-finance giants speculated that a Donald Trump presidency might reverse years of policy geared toward wiping out their investments.

 

MarketWatch

What Donald Trump's election could mean for home prices

President-elect Donald Trump started his career in real estate. His father was a real estate tycoon, and he has made a fortune building or licensing his name to luxury condominiums, hotels and casinos. But will that experience enable him to help the middle class, which faces a lack of affordable housing and rising prices?

 

HousingWire

What's next now that Republicans control the Presidency and Congress?

While much of the country's attention is focused on the seemingly unexpected election of Donald Trump, it shouldn't be lost that the Republican Party also maintained its control of the House of Representatives and the Senate in this election.

 

American Banker

How Crapo would lead banking panel after GOP Senate victory

Note: This story was originally published last week, but has been updated following the election results.

Republicans had a big night on Tuesday, capturing not just the White House, but staving off a challenge to their control of the Senate, which will likely deliver the gavel of the banking panel to Sen. Mike Crapo, R-Idaho, next year. (Subscription may be required.)

 

The Washington Post

What effect the Trump administration will have on the housing market

The housing market was at the forefront of the presidential election eight years ago but barely received any attention in this campaign. Now as Donald Trump prepares to take office, what lies ahead for home buyers and sellers?

 

MarketWatch

The way we finance the housing market could change drastically under Trump

Even as some analysts believe the scars from the housing crisis helped lift Donald Trump to the presidency, the housing finance system was barely mentioned during the campaign. And contradictory messages from Trump himself about his priorities mean housing finance's future remains murky.

 

Economic News

 

The Hill

Housing recovery continues improving

The housing recovery marched forward during the July to September quarter, a new survey showed.

 

MarketWatch

Housing market becoming more pessimistic, Fannie Mae survey finds

A home-buying sentiment index from Fannie Mae weakened for the third straight month in October, a sign the market's momentum may be faltering.

 

HousingWire

Fannie Mae: New jobs report basically guarantees December rate hike

Earlier this week, the Federal Open Market Committee announced that it plans to leave the federal funds rate unchanged, but the way the FOMC framed the announcement led many to believe that a rake hike is coming in December.

 

Housing Finance 

 

HousingWire

Is the mortgage credit box really loosening?

The Federal Reserve sent out a survey to senior loan officers, asking about the status of mortgage credit, if it was loosening and how many consumers are applying for the products.

 

Chicago Tribune

Freddie Mac planning appraisal-free mortgages

Can computers, big data and advanced analytics replace real live humans when it comes to accurately valuing the home you want to buy? One of the two largest financial players in U.S. real estate thinks so and is preparing to introduce changes that could prove momentous — and highly controversial.

 

Legal News 

The Washington Post

To recoup losses from the housing collapse, Miami pursues a novel suit

The housing collapse of 2008 nearly broke the city of Miami. Now, its leaders have embarked on a novel and aggressive legal strategy to recoup losses from the big banks they say created the crisis with discriminatory and predatory lending practices.