After Hurricane Idalia hit the southeastern U.S., President Biden declared that a major disaster exists in Florida, having ordered federal aid to supplement state, tribal, and local recovery efforts in areas impacted by the storm.

Through the new agreement, lenders will have the ability to order risk-based mortgage insurance through Rate GPS, directly through the Calyx loan platform.

The Department’s latest round of Choice Neighborhoods Implementation Grants will be used to transform public and other HUD-assisted housing while investing in surrounding neighborhood and resident services.

After spending the last 28 years with Morgan Stanley as COO, CFO, and Head of Corporate Strategy, Pretium names new President and member of the Executive Committee to oversee the company’s strategic and operational initiatives.

Twenty-two awards, totaling approximately $128 million, have been awarded by HUD to Tribal communities nationwide for the construction of new housing units and increase affordable options for low-income Native American families.

A 12-year veteran of the GSE, Peter Lillestolen will manage Freddie Mac’s affordable housing retail business, Low-Income Housing Tax Credit (LIHTC) equity, as well as senior housing initiatives.

The Senate Banking Committee will host an upcoming hearing examining the state of property insurance, climate change, and its financial impact on the nation’s homeowners.

HUD issues more than $24 million in resources to assist organizations with funding to fight housing discrimination and help build fair and inclusive communities nationwide.

A new report from Auction.com found that more than 90% of default servicing industry experts polled expect foreclosure volume to rise in 2023 compared to 2022, with the state of the nation’s economy having the biggest impact on overall volume.

Tapped to oversee Dovenmuehle’s insurance department, 30-year industry vet Patricia McCarthy will bring her experience in managing compliance, mortgage operations, loan processing, and customer service departments to her new role.