by Anne McCulloch Senior Vice President – Credit & Housing Access Multifamily
Ten years ago, Hurricane Katrina hit New Orleans and the Gulf region with devastating force. The storm set off a long process of recovery and rebuilding that continues to this day, driven by the commitment and courage of the people of the Gulf.
When the storm hit, Fannie Mae employees reacted with the kind of spirit and dedication that I’ve come to know well over my career here. I saw first-hand how employees of a mission-driven company can have a deep and profound impact ...Read more »
by Eric Brescia Economist Economic & Strategic Research Group
With oil prices continuing to fall over the past month, the notion of "lower prices for longer" is increasingly becoming the consensus view. As a result, the prospect of an oil bust draws comparisons to the past slump of the 1980s.
This new edition of Housing Insights from Fannie Mae's Economic & Strategic Research (ESR) Group projects cumulative five-year (2014-2019) house price growth "drags" caused by this past year’s oil price decline for 10 oil-producing states ...Read more »