Chris Frankie

Chris Frankie

Existing Home Sales Plummet Furthest Since 2010

U.S. sales of existing homes tumbled 17.8% in April, their largest one-month drop since a 22.5% plunge in July 2010. So reports the Associated Press.

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Mortgage Delinquencies Spike by Record Amount in April

U.S. mortgage delinquencies had their biggest single-month increase on record in April. So reports USA Today.

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Fannie, Freddie Look for Advisor in Next Step Toward IPO

Fannie Mae and Freddie Mac have each notched another milestone on their way out of federal conservatorship by seeking a financial advisor. So reports 24/7 Wall Street.

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