New home sales report shows completed units could be a problem by Logan Mohtashami for HousingWire

HousingWireHousingWire Today’s report on new home sales reveals a slight shortfall in sales estimates. However, it also emphasizes a more critical issue: the currently elevated supply of new homes. This surplus has significantly contributed to the stagnation of housing permits for some time. By addressing and reducing the excess inventory,…

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Gene Hackman’s death highlights the need for longevity planning, MIT researcher says by Chris Clow for HousingWire

HousingWireHousingWire The current concept of retirement planning in the U.S. is “dangerously incomplete,” and the recent high-profile deaths of actor Gene Hackman and his wife Betsy Arakawa illustrate why longevity planning needs a more central role in the conversation. Joseph Coughlin, the director of the Massachusetts Institute of Technology (MIT)…

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Fitch Ratings assesses home equity investments amid wider scrutiny by Chris Clow for HousingWire

HousingWireHousingWire As the scrutiny of home equity investment (HEI) products has accelerated, credit ratings agency Fitch Ratings this week released a report explaining its approach to such products, reiterating that it does not rate them. While some other ratings agencies have opted to provide assessments for such products, Fitch continues…

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Pulte terminates SPCPs, issues recision of UDAP bulletin in slew of orders by Chris Clow for HousingWire

HousingWireHousingWire In a series of posts to his account on social media platform X, Federal Housing Finance Agency (FHFA) Director Bill Pulte published housing orders that terminate special purpose credit programs (SPCPs) and rescinds a 2024 advisory bulletin detailing the agency’s enforcement against unfair or deceptive acts or practices (UDAP)….

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