HMBS portfolio continues to pose ‘significant risk’ to HUD, internal report finds

HMBS portfolio continues to pose ‘significant risk’ to HUD, internal report finds

The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) released a new report detailing what it says are the top management challenges for the department in... Read more »

Impossibly high home prices are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study says – JASON MA, Fortune

There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent study said. The housing crisis represents an obstacle to upward mobility, and... Read more »