A 20% housing drop still leaves Canadians locked out of market
Canada’s housing market has plunged into one of its sharpest-ever corrections. Canadians say it hasn’t gone far enough.
Foreclosure inventory rises in 1Q to six-year high
The U.S. foreclosure inventory as of the end of the first quarter was at its highest level in six years, with over three...
Canada dips into technical recession for first time since 2020
The Canadian economy edged into a technical recession as weak business and government spending drove a slight contraction in the first quarter.
REMIC share grows at Ginnie Mae, Fannie Mae and Freddie Mac
Global interest appears to be fueling a notable pickup in issuance of real estate mortgage investment conduit securities at Ginnie Mae, Freddie Mac...
CMHC multi-unit insurance jumps 30% as securitization volumes rise
Canada Mortgage and Housing Corporation insured 71,733 multi-unit residential units in Q1, far outpacing traditional homeowner insurance as its securitization activity also climbed.
FHA seeks feedback on how to improve property standards
The Federal Housing Administration is seeking feedback on its current single family minimum property requirements, after the Mortgage Bankers Association and others nudged...