Friday, July 12, 2013
Doug Duncan Joins Bruce Norris on the Real Estate Radio Show #338
Bruce Norris is joined once again this week by Doug Duncan. Doug is the senior vice president and chief economist for Fannie Mae. He is responsible for managing Fannie Mae’s economics and strategic research group. In this leadership role Duncan provides all economic housing and mortgage market forecast, analysis, and serves as the company’s thought leader internally and with the external constituent groups. Bruce and Doug discuss shadow inventory, the delinquency level, the year-over-year price program, the Fed's monetary policy, the psychology of the market, the amount of mortgage-backed securities owned by the Fed, Fannie Mae's current policies, the general consensus for owning a home, and much more on this week's real estate radio show and podcast.