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Recovering Housing Market Solves Principal Reduction Dilemma

Senate Republicans are drawing a bead on Rep. Mel Watt (D-NC), President Obama’s pick to take over as Director of the Federal Housing Finance Agency(FHFA)….

Guidelines for Federal Housing Administration Reform

After the housing bubble burst, the Federal Housing Administration (FHA) rapidly expanded the scope of its mortgage insurance well beyond its traditional mission of helping…

Another Tool in the Toolkit: Short Sales to Existing Homeowners

Overview Edward DeMarco, acting director of the Federal Housing Finance Agency (FHFA), is drawing fire from congressional Democrats for preventing Fannie Mae and Freddie Mac…

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Homeownership for millennials to rise faster in N.C. than other states

Writing for Triangle Business Journal, Sarah Chaney quotes PPI Economist Diana Carew on North Carolina’s higher rate of homeownership among Millennials.  As the article describes,…

Bloomberg: Millennials Seen Surging as Homeowners in U.S.: Mortgages

In Bloomberg, “Millenials Seen Surging as Homeowners in U.S.: Mortgages,” Alexis Leondis and Shobana Chandra’s look at the difficulties facing young Americans aspiring to be…

USA Today: Mortgage reform roils Washington

USA Today‘s Darrell Delamaide quoted PPI’s Jason Gold on GSE reform. He recalled the debate over the future of the two government-controlled entities that back…

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Sens. Johnson, Crapo On The Right Track to Housing Reform

The housing sector is one of the pillars of the U.S. economy. That’s why we have marveled at the many partisan and radical proposals to…

Experts Project Home Values Index to End 2013 with Prices Up by 6.7 Percent

On Thursday, Zillow released its quarterly Home Price Expectations Survey showing forecasters expect the website’s Home Value Index to end 2013 with prices up 6.7%….

More Good News for Housing

As the New York Times reported yesterday, the housing market is recovering, consumer confidence is at a five-year high and the market is in the…

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