Reports: Fannie Mae lays off 700 employees

Government-sponsored enterprise (GSE) Fannie Mae has reportedly laid off as many as 700 employees, with 200 of the layoffs focused on members of the Telugu-speaking community over “irregularities” uncovered related to charitable donations.According to reports from outlets including TechStory, HRKath
How quickly does financial turmoil impact the housing market?

While the housing market seems like the least of our financial worries right now as stock markets are melting down around the globe, we track housing here at HousingWire, so it opens the question: how quickly could we see impact in the housing market and in which data would we see it first?We have t
Florida home prices drop on rising inventory, but sales haven’t followed suit

Florida housing markets are living out the old adage that “what goes up must come down.”The Sunshine State was one of the hottest pandemic destinations, as wealthy New Yorkers looked to Florida for more space and warmer weather. The result was scorching housing markets and skyrocketing prices.But th
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