- The U.S. Census Bureau released its economic indicators for the first quarter of 2015, both rental and homeownership vacancy is down compared to the first quarter of 2014. The Homeownership rate of 63.7% is also down.
- The Counselor to the Treasury Department’s Secretary for Housing Finance Policy, Dr. Stegman’s remarks before Fitch Ratings 2015 House View Conference on Residential Mortgage Backed Securities in which he discussed efforts to catalyze the development of a vibrant, responsible private label MBS channel.
- The U.S. Treasury Department’s letter responding to questions from Senator Chuck Grassley (R-Iowa), on the timeframe for ending the conservatorship of Fannie Mae and Freddie Mac in which he clarifies the relationship.
Tag Archives: economic indicators
Thursday’s Advocacy & Think Tank Round-Up
- Harvard’s Joint Center for Houses Studies released its Leading Indicator of Remodeling Activity (LIRA) which predicts a deceleration in remodeling activity due to sluggish home sales, the LIRA also projects annual spending for home improvements will increase a more modest 2.9% in 2015.
- National Association of Realtors’ testimony before the United States Senate Committee on Banking, Housing and Urban Affairs, Hearing titled Regulatory Burdens to Obtaining Mortgage Credit, argues that unnecessary burdens prevent qualified buyers from obtaining mortgages in today’s market.