Lety  SyCip

Lety SyCip

REALTOR®

License #: CA DRE 01066644

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Small lenders oppose combining Fannie, Freddie into single entity

USA Real Estate News-Inman - Fri, 2025-08-22 17:04
Mortgage giants should continue to operate as separate companies and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans, industry group maintains.

Mortgage rates drop sharply as Powell shifts stance on rate cuts

USA Real Estate News-Inman - Fri, 2025-08-22 14:19
Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the U.S. economy than inflation.

Legislative Round-Up: Massachusetts Proposes Broker Oversight Board; New York Limits Institutional Buyers

USA Real Estate News-RISMedia - Fri, 2025-08-22 13:05

Editor’s Note: The RISMedia series, Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Bill affirming agents’ independent contractor status reintroduced to Congress Representative Kevin Kiley (R-California) has reintroduced the “Direct Seller and Real Estate Agent Harmonization Act.” The bill would clarify that, under existing labor law, the…

The post Legislative Round-Up: Massachusetts Proposes Broker Oversight Board; New York Limits Institutional Buyers appeared first on RISMedia.

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