Fannie Mae forecast pushes recession start out to 2H23
Fannie Mae cut its mortgage origination forecast for 2023 by 8%, while reducing next year’s outlook by 7%, as it pushed out its timing for the start of a recession to the second half of this year. Its March prediction now calls for $1.55 trillion of mortgage originations during 2023, down from $1.69 trillion in … [Read more…]