December 9, 2016
- Fannie Mae and Freddie Mac successfully made changes to their mortgage back securities claims the Federal Housing Finance Agency. Furthermore, the agency iterates that this first step is imperative to the long term plan “of a common securitization platform and a single security.”
- President elect, Donal Trump, has a new plan regarding taxes in the U.S. This plan, if passed, will likely affect homeowners and they types of deductions they may claim on their income tax.
- The U.S. Deprtment of Housing and Urban Development (HUD) created an efficient tool to help show members of local communities how HUD is investing in their neighborhood. This new resource is called the Community Assessment Reporting Tool (CART).