President Clinton has announced his intention to nominate William C. Apgar to be the next Federal Housing Administration commissioner.The announcement is kind of a switcheroo, since the president officially nominated Mr. Agar to be assistant secretary for policy and research at the Department of Housing and Urban Development back in February. The president's nominee has been working in that capacity since Oct. 1, when he first came to HUD from his previous job as the executive director of Harvard University's Joint Center for Housing Studies. Former FHA commissioner Nicolas Retsinas now occupies Mr. Apgar's academic seat at Harvard, and it is beginning to look like they simply switched jobs.
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Over one-third of the Wolters Kluwer survey participants believe the next Fed move will be to boost short-term rates, but most expect one cut next year.
July 10 -
The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point decline from the first quarter.
July 10 -
The new Mortgage Bankers Association research adds to debate over whether Fannie Mae and Freddie Mac should allow a less costly alternative to the tri-merge.
July 10 -
Wide regional variances appeared in housing-start activity in 2025, when the traditional leading builder markets all saw numbers decline by as much as 15%.
July 10 -
The bill, which passed with wide bipartisan support, will become law at midnight if President Donald Trump doesn't veto it.
July 10 -
Total application volume fell by over 13.000 units on a month-to-month basis, with declines in purchase and refinance activity, Keefe, Bruyette & Woods said.
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