Alanna McCargo announced Tuesday via LinkedIn that she has returned to the Urban Institute as a nonresident fellow. The former Ginnie Mae president wrote that she is rejoining the think tank at a time when there are “significant policy challenges ahead for affordability, community investment and inclusive finance.” This move follows an announcement earlier this […]
Ex-housing official Alanna McCargo back at Urban Institute Read More »
Fannie Mae now forecasts mortgage rates to slip back under 6% by the second quarter of 2026 as it elevated its gross domestic product outlook and modified its home sales projections. The origination forecast, while increased over both its March and April projections, other than for rates, remains more conservative than the Mortgage Bankers Association’s
Mortgage rates will go below 6% next year, Fannie says Read More »
President Donald Trump said his massive tax package is close to being finalized, having notched a deal over the state and local tax deduction, but the White House has yet to win over a faction of conservatives who want more austere spending cuts. “We’re doing very well. It’s very close,” Trump told reporters Wednesday. House
Trump says tax bill ‘close’ as holdouts threaten to sink it Read More »