Today’s News Synopsis:
Both Fannie Mae and Freddie Mac released their Issuance Calendars today, utilizing their plans for investors and debt notes respectively. The latest Wells Fargo Housing Market Index and NAHB report showed a decrease in confidence in the housing market by two points in October. More Chinese investors are looking for properties to invest in outside their country, including places in the United States like Texas.
In The News:
DS News – “The Week Ahead: Confidence in the Housing Market Drops” (11-13-16)
“The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index dropped down two points in October, reflective of builder confidence toward the housing market decreasing, according to NAHB.”
Fannie Mae – “Fannie Mae Announces 2017 Connecticut Avenue Securities Issuance Calendar” (11-14-16)
“Fannie Mae (FNMA/OTC) today announced its 2017 Connecticut Avenue Securities™ (CAS) Issuance Calendar as part of an ongoing effort to ensure transparency in the market and help investors with their planning for the year.”
Freddie Mac – “Freddie Mac Releases 2017 STACR Issuance Calendar” (11-14-16)
“Freddie Mac (OTCQB: FMCC) today released its 2017 issuance calendar for its Structured Agency Credit Risk (STACR®) debt notes.”
Bloomberg – “World’s Biggest Real Estate Binge Is Coming to a City Near You” (11-14-16)
“If they were anywhere else in Beijing, the five young women in cowboy hats and matching red, white, and blue costumes would look wildly out of place”
The Architects Newspaper – “Real estate and unions bring 421-a tax break back from the dead” (11-14-16)
“Union leaders and real estate power players have brokered a deal to revive an expired property tax break that many see as key to developing affordable housing in New York.”
Inman – “How real estate agents can help heal the post-election divide” (11-14-16)
“While D.C. tackles the infrastructure, there is much that real estate agents can do at the local level to improve their communities.”
Housing Wire – “Saying goodbye to HAMP isn’t the end for struggling homeowners” (11-14-16)
“Dec. 31, 2016 marks the end of a seven-year government program designed to save struggling homeowners who are behind on their mortgage, or in danger of imminent default due to financial hardship.”
Bruce Norris will be speaking at 10 Life-Changing Days of a Real Estate Investor in San Diego on Tuesday, December 13
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