Final GSE Affordable Housing Goals Published in the Shadow of Possible Housing Finance Reform

Final GSE Affordable Housing Goals Published in the Shadow of Possible Housing Finance Reform

The Federal Housing Finance Agency (FHFA) recently released the 2018-2020 Enterprise Housing Goals, which remain relatively unchanged from 2015-2017 levels. The FHFA, as required by the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, sets the mortgage purchase
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Building a greenhouse out of plastic bottles

Eco-Friendly volunteers from housing provider Newark and Sherwood Homes came together this week (7 March) to create a new greenhouse at Barnby Road Academy, Newark. Partnering with the Rotary Club of Newark, the housing provider supplied manpower to build the new greenhouse, which has
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In Defense of Hype

Theranos, one of the most celebrated “unicorns” in Silicon Valley—which Fortune put on the cover of the magazine in June of 2014—turned out to be just that: a mythical creature. The author of that cover story, Roger Parloff, who without question is one of the best reporters I've ever met, wrote a powerful
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Elizabeth Holmes Fraud, Meghan Markle Fake Kidnapped, Snap's Sorry: Broadsheet March 15

That fortune, of course, was based largely on stock that is now likely worthless. In fact, the SEC noted that while earning at most $390,000 a year in salary between 2013 and 2015, Holmes “never sold any of her Theranos stock.” So, as Bloomberg's Matt Levine put it, Holmes was, in a very real sense,
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Real estate daily market update: March 15, 2018

We'll add more market news briefs throughout the day. Check back to read the latest. Most recent market news. Thursday, March 15. Freddie Mac Primary Mortgage Market Survey. The average rate on a 30-year fixed rate mortgage fell two basis points to 4.44 percent. The average rate on a 15-year fixed
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Current Mortgage Rates Fall for the First Time in 2018 in the PMMS

The Freddie Mac Primary Mortgage Market Survey this week is showing mortgage rates moving lower for the first time in 2018. With rates on the decline (for now) we strongly recommend that anyone looking to purchase a home or refinance their current mortgage takes action soon. Read on for more
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HUD: We need more funding from Congress for much-needed bureau updates

When asked by HousingWire if the department would have the funds to be able to implement its new task force under the current budget cuts HUD is facing, the answer, in short, was no. Finance transformation is a longer-term project that will require more funds from Congress and more time, Dennis said
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US travelers still flocking to Mexico and where to move if you want to be happy

These real estate fund managers show there's money to be made as rates rise. The Third Avenue Real Estate Value Fund is positioned to gain from trends that are pushing rates higher.
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Ford Recalls 1.3 Million Vehicles Because Their Steering Wheels May Fall Off

If you're the proud owner of a newish Ford Fusion or Lincoln MKZ, beware: the American automaker has announced a major recall. Ford (f, +0.75%) issued the recall on Wednesday, related to an issue with steering wheels on some cars. Over 1.3 million cars are being recalled across the U.S., covering
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The Merits of Blocking Broadcom's Acquisition of Qualcomm

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. You're forgiven if up until this week you'd never heard of CFIUS, the Committee on Foreign Investment in the United States. It's the murky interagency group that suggested that the President reject
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These Secret Ingredients May Be Fattening Your Restaurant Bill

If you want to add instant luxury to a dish, you can grab a truffle and start shaving. Or add a dollop of glistening black caviar. That's also a guaranteed way to validate a high-priced dish on a menu. Beans in a generous pool of olive oil don't scream “indulgence” in quite the same way. Yet, high-end
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Local Real Estate Mogul Bill Chadwick Dies at Age 69

According to the Malibu Association of Realtors, up until his death, Chadwick served as president of Malibu Living—his residential real estate company founded with Brenda Hayward, Meril May and Kristina Johnson. The store was opened at Point Dume Plaza in June 2015; the city's Chamber of
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These Are the Best Jobs in America, According to Indeed

The results are in, and this year's best jobs may look a little different from years past. Job search site Indeed has crunched the numbers to help identify the jobs workers love most. In particular, the site focused on salary, looking at jobs that have a baseline salary of $75,000, and abundance of
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Information on Mortgage Options and Effects on Accelerating Home Equity Building

Federal homeownership assistance programs generally are not designed to accelerate equity building (home equity is the difference between the value of a home and the amount owed on a mortgage). For example, programs that offer grants for down-payment assistance can provide a one-time boost
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Miley Cyrus Is Facing a $300 Million Lawsuit Over a Hit Song

Miley Cyrus faces a $300 million lawsuit over her hit 2013 track “We Can't Stop,” after Jamaican artist Michael May filed a copyright complaint on Tuesday in New York City. The dispute centers on Cyrus' lyrics “We run things/ Things don't run we,” according to legal documents obtained by PEOPLE. May
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How Real-Estate Agents Get the Best Homes—for Themselves

Unlike doctors or lawyers, who should not treat or represent themselves, many real-estate professionals buy and sell their own homes. Under the code of ethics and standards of practice of the National Association of Realtors, they are required to disclose personal interest in a sale or purchase. Beyond
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Think March Madness Is Boring? Skip the Highlights

Sports fans want narrative, knowledge and insight. Giving it to them looks like the key to keep them watching. by. Justin Fox. @foxjust More stories by Justin Fox. March 15, 2018, 9:00 AM PDT. Don't fall asleep on UVA's Cavaliers. Photographer: Al Bello/Getty Images. My wife and I went to our first and
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Martingale Asset Management LP Grows Stake in Investors Title (NASDAQ:ITIC)

Investors Title logo Martingale Asset Management L P grew its stake in shares of Investors Title (NASDAQ:ITIC) by 33.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,800 shares of the insurance provider's stock after purchasing an
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Snap Declines Amid Uproar Over Rihanna Domestic Violence Ad

Pop singer Rihanna criticized Snap Inc. for running an ad that asked users to decide whether they wanted to slap her or punch Chris Brown, saying it made a joke of her history as a victim of domestic violence. Rihanna Instagram story. Source: instagram.com/badgalriri. Snapchat removed the ad, which
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The Big Lesson Silicon Valley Can Learn From the Theranos Scandal

This article originally ran in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here. More than $700 million: That's how much capital Theranos CEO Elizabeth Holmes raised from investors for her blood-testing company. And she did it by using language like this: “We do routine
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