Property News
Trump administration moves to count crypto as a federal mortgage asset
CNBC - 25 Jun 2025 23:02
The Trump administration is ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments.
Primary win by pro-rent freeze Mamdani knocks shares of Flagstar bank on NYC market exposure
CNBC - 25 Jun 2025 18:03
A rent freeze could lower the value of Flagstar's multi-family housing loans, though the extent of the potential impact is unclear.
Sales of new homes tanked in May, pushing supply up to a 3-year high
CNBC - 25 Jun 2025 16:48
New home sales dropped much more than expected, as high prices, high mortgage rates and weak consumer confidence ate into demand.