After Hurricane Harvey, Freddie Mac gears up for Hurricane Irma. This major government-sponsored enterprise announced their confirmation about providing disaster relief options especially for regions where Hurricane Irma would strike.Specifically, the report mentioned regions such as Puerto Read more
Hurricane Aftermath: Agencies Allow Mortgage Extensions in Houston
After Hurricane Harvey hit Houston over the weekend, seeking shelter and focusing on surviving the days ahead are all of the victims' top priorities. Other responsibilities would have to wait. In the wake of the catastrophe, Fannie Mae, Freddie Mac, and the FHA announce mortgage extensions to Read more
LA Program Funds Homeowners Who Shelter the Homeless
California’s homelessness crisis in continuously rising. To address this issue, the City of Los Angeles is coming up with a pilot program to curb the number of homeless people in the county.The program includes providing a handful of homeowners with the necessary funding to build accessory Read more
Storm Harvey Brings Heavy Rains, Leaves Houston Under Unprecedented Floods
Tropical Storm Harvey is no longer a hurricane. Even so, the storm has dumped so much rain on the Southeast Texas region. Houston is now under a state of emergency as catastrophic flooding continued on Sunday night.On Friday night, Harvey made a landfall in the Coastal area of Texas as a Read more
FHFA Reports House Prices Increase By 1.6 Percent
House prices in the United States rose by 1.6% in the second quarter of the year. This is according to the House Price Index (HPI) report by the Federal Housing Finance Agency (FHFA). That's an increase of 6.6% from the second quarter of last year.According to FHFA Senior Economist William Read more
