Eric C. Peck

1 week ago | themortgagepoint.com | Eric C. Peck

The Office of Management and Budget (OMB) has sent President Trump’s FY 2026 Discretionary Budget Request to Congress. In a letter to Sen. Susan Collins, Chair of the Committee on Appropriations for the United States Senate, OMB Director Russell T.

1 week ago | themortgagepoint.com | Eric C. Peck

According to a new Redfin analysis of U.S. Census Bureau data, developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in the U.S. over the past year. That total is down 27.1% from 17 units per 10,000 people during the pandemic building boom, and down 5.5% from 13.1 units in the years leading up to the pandemic. For the study, Redfin analyzed Census Bureau data covering building permits for multifamily units in buildings with five or more units.

1 week ago | themortgagepoint.com | Eric C. Peck

Reneau J. Longoria Esq., Managing Member of Doonan Graves & Longoria LLC, is a thoughtful, decisive, and creative leader in the default servicing industry. Born and raised in Montana, Longoria began her practice in criminal law in state and federal courts from Washington State, to Texas, and New York, and has developed her default business practicing bankruptcy, default and appellate litigation in Massachusetts, Maine, and New Hampshire for 27 years.

1 week ago | themortgagepoint.com | Eric C. Peck

Both Fannie Mae and Freddie Mac have reported their earnings for the first quarter of 2025, marking gains in net income for both government-sponsored enterprises (GSEs). For Q1 of 2025, and as of March 31, 2025, Fannie Mae reported a net income of $3.7 billion, as the GSE’s net worth reached $98.3 billion. “Our current focus at Fannie Mae is on operational efficiency and ensuring that Fannie Mae is a world-class operator,” said William J.

1 week ago | themortgagepoint.com | Eric C. Peck

Reneau J. Longoria Esq., Managing Member of Doonan Graves & Longoria LLC, is a thoughtful, decisive, and creative leader in the default servicing industry. Born and raised in Montana, Longoria began her practice in criminal law in state and federal courts from Washington State, to Texas, and New York, and has developed her default business practicing bankruptcy, default and appellate litigation in Massachusetts, Maine, and New Hampshire for 27 years.