by Patrick Simmons Director, Strategic Planning, Economic & Strategic Research
Household formation is essential to the growth of U.S. housing markets, as it generates demand for about three out of four new housing units. When the Census Bureau's fourth quarter 2014 Housing Vacancy Survey (HVS) reported that annual household formation jumped to nearly 2 million, analysts became hopeful that this fundamental market driver had finally broken out of its post-crisis doldrums.
A new edition of Housing Insights from Fannie Mae's Economic & Strategic Research Group explores the factors underlying the recent volatility in HVS household growth estimates ...Read more »
The Consumer Financial Protection Bureau (CFPB) adopted the TILA-RESPA Integrated Disclosure (TRID) rule as part of its "Know Before You Owe" initiative.
Fannie Mae’s Economic & Strategic Research Group (ESR) surveyed senior mortgage executives in February, a few months after TRID's taking effect in October 2015, through its quarterly Mortgage Lender Sentiment Survey® to examine lenders’ experiences ...Read more »