Construction
Residential construction spending falls 7.3% year over year in July
Residential construction spending fell 7.3% year over year in July, while total construction spending declined 3.8%, according to new U.S. Census Bureau data
Residential construction spending fell 7.3% year over year in July, while total construction spending declined 3.8%, according to new U.S. Census Bureau data
Pending home sales fell 1.1% last week to their lowest level in six months, while new listings rose to their highest level since April
A court ruling preserves grant funding for front-line organizations that investigate and fight housing discrimination
Sentiment on present conditions improves in August, but future expectations grow more pessimistic
CCM appears poised to finally acquire TWO’s long-coveted mortgage servicing rights
The staffing shake-up includes multifamily executives, economists and senior financial personnel
The equity-rich rate declined for the fourth consecutive quarter, while seriously underwater properties rose from a year earlier
It’s a significant departure from the July outlook, which called for rates to average 6.4% during the rest of 2026
Most commenters supported eliminating the notice process, while one urged FHFA to preserve core risk management safeguards
The company will reimburse more than $4.5 million to affected borrowers and pay nearly $11 million in costs and penalties
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