In the aftermath of Hurricane Ian, homeowners in four additional counties are eligible to apply for federal disaster assistance.
Read More »CFPB Releases New Thresholds
Adjusting the exemption amounts for special appraisal requirements, the CFPB, Federal Reserve, and the Office of the Comptroller of the Currency have revised dollar thresholds to match wage increases as measured by the CPI-W.
Read More »First-Time Buyers Giving Housing Market a Boost
The share of first-time homebuyers rose in August, posting a strong year-over-year gain that brought market share up to pre-pandemic levels.
Read More »A Look at First-Lien Mortgage Defaults
Reporting data for August 2022, S&P and Experian found defaults for first-lien mortgages held steady for the second month in a row. Click through to learn the details.
Read More »Fannie Mae Projection: ‘Modest Recession’ on the Horizon
Fannie Mae’s Economic and Strategic Research Group has found that due to inflation, monetary policy tightening by the Federal reserve, and a slowing market will tip the economy into a “modest recession” during the first quarter of 2023.
Read More »Q2 First-Lien Mortgage Performance Improves YoY
Despite rising prices and speculation about looming recession, the Office of the Comptroller of the Currency reports that the performance of first-lien mortgages held by the federal banking system improved throughout the course of Q2 2022.
Read More »Home Price Growth Falls to 12%
Home price growth showed signs of slowing in August 2022 as rates fell to 12% on an annualized basis—off from its 35% peak—according to the latest Home Price Index published by homegenius.
Read More »FHFA Inspector General Publishes List of Challenges for 2023
The Office of the Inspector General of the Federal Housing Finance Agency has published a 10-page memo, as required by law, identifying seven major challenges the Agency will address next year, alongside its subsidiaries such as Fannie Mae, Freddie Mac, and the FHL Banks.
Read More »Commentary: Is Now the Time to Address Fair Access to Disaster Aid?
Disasters have been making headlines recently after a pair of hurricanes—Fiona and Ian—caused damage in the territory of Puerto Rico and from Florida up the East Coast, but as federal aid begins to flow to disaster victims, is now the ...
Read More »Op-Ed: ‘Inclusive and Accessible’ Homeownership for Everyone
Representatives Jim Himes (D-Conn.) and Gwen Moore (D-Wisc.) recently penned an open letter for Newsweek on how to make home ownership “inclusive and accessible for every American.” Himes, as the Chairman of the House Select Committee on Economic Disparity and ...
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