FHFA: Report on Non-Performing Loan Sales Released
The Federal Housing Finance Agency (FHFA) today released the latest report on the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the Enterprises). The Enterprise Non-Performing Loan Sales Report includes information about NPLs sold through December 31, 2019 and reflects borrower outcomes on NPLs sold through June 30, 2019 and reported through December 31,…
ABA: Bank Economists See Recovery from Deep Recession Beginning in Third Quarter 2020
The U.S. economy will experience about a 6% contraction this year, but will begin to recover from a severe second-quarter downturn in the third quarter, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee. While the group, made up of 16 chief economists from some of the North America’s largest banks,…
Census Bureau: Over 60 Percent of U.S. Households Have Responded to 2020 Census
Internet Response Option Preferred by Majority of Households Responses to the 2020 Census are on track as more than 60% of U.S. households have responded to the 2020 Census, with approximately four out of every five households that responded on their own choosing to do so online at 2020census.gov. Current internet self-response rates are 9.2 percentage…
CFPB: New Study Highlights Challenges Retirees Face to Meet Expenses in Early Years of Retirement
The Consumer Financial Protection Bureau (Bureau) today released a first of its kind study examining the financial resources and expenses of retirees during the first five years of retirement among Americans who retired between 1992 and 2014. Given that a growing number of retirees are not experiencing the expected gradual reduction in spending after they…
Census Bureau: 2018 Rental Housing Finance Survey Summary Tables Now Available
New summary tables from the 2018 Rental Housing Finance Survey (RHFS) are now available in the RHFS table creator. The RHFS provides measures of financial, mortgage and property characteristics of residential properties with at least one housing unit for rent in the United States. It is the only data source that provides a comprehensive picture of…
FHFA: U.S. House Prices Rise 1.7 Percent in First Quarter 2020; Up 5.7 Percent from Last Year
U.S. house prices rose in the first quarter of 2020, up 1.7 percent according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.7 percent from the first quarter of 2019 to the first quarter of 2020. FHFA’s seasonally adjusted monthly index for March was up 0.1 percent from February. “Home price growth in the first…
Census Bureau: Household Pulse Survey Results Released with Real-Time Data on COVID-19 Impacts
The Census Bureau today released the first results from the experimental Household Pulse Survey. The results represent data collected between April 23 and May 12, 2020. The data are available through the Household Pulse Survey Interactive Tool, and in tables on the website. The initial release includes national-level estimates in the tables and national and state-level estimates…
Census Bureau: ABS Release Provides Data on Minority- and Women-Owned Businesses
The U.S. Census Bureau today released new estimates showing 1.1 million employer firms were owned by women and 1.0 million by minorities. According to the 2018 Annual Business Survey (ABS), covering year 2017, 5.6% (322,076) of all U.S. businesses were Hispanic-owned and 6.1% (351,237) were owned by veterans. Additional statistics released include: In 2017, the sector with…
Census Bureau: New Report on Housing Readiness for Aging Population Released
The U.S. Census Bureau has released a new population report on the readiness of housing to meet the needs of the nation’s aging population. The report – Old Housing, New Needs: Is America’s Housing Ready for an Aging Population? – uses data from the 2011 American Housing Survey (AHS) to provide national-level estimates of housing units with aging-accessible features,…
HUD and Census Bureau: Residential Construction Activity Report for April 2020
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for April 2020. Building Permits Privately owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,074,000. This is 20.8 percent (±0.9 percent) below the revised…