The FHFA will host a hybrid hearing of the Appraisal Subcommittee exploring the appraisal regulatory system focusing on appraisal standards, appraiser qualification criteria, and barriers to entry into the profession.
Read More »HUD Strengthens Standards, Publishes Final Rule for Rental Assistance Programs
The U.S. Department of Housing and Urban Development has published the Final Rule for the National Standards for the Physical Inspection of Real Estate in the Federal Register, which will be effective July 1 and October 1 for all rental assistance programs.
Read More »FHFA Rescinds GSE Upfront Fees Based on DTI Ratios
By revoking the upfront fees based on borrowers’ DTI ratios for loans acquired by Fannie Mae and Freddie Mac, the FHFA continues its engagement to improve clarity and transparency regarding the GSEs’ pricing framework.
Read More »Building Servicer Relationships on a Foundation of Trust
JT Grubbs, EVP of Loan Servicing at Selene, sat down with MortgagePoint to share how the company puts their customer first and how to gain customers for the life of the loan.
Read More »Trade Groups Unite to Support HUD’s Fair Housing Rule
HUD’s Affirmatively Furthering Fair Housing Rule seeks to provide for more robust community engagement, streamline processes for funding recipients, and provide greater transparency.
Read More »Housing Confidence Increases with Upward Trend in HPSI
“This month’s increase in the HPSI was the largest in over two years, primarily driven by consumers’ more optimistic mortgage rate expectations,” said Doug Duncan, Fannie Mae’s SVP and Chief Economist.
Read More »HUD Issues $382M to Help U.S. States Manufacture Affordable Housing
The U.S. Department of Housing and Urban Development has announced the issuance of $382 million via the Housing Trust Fund that will increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely-low and very low-income households.
Read More »GSEs Report Quarter-Over-Quarter Profit in Q1
Despite an up-and-down housing market in the first quarter of 2023, both Fannie Mae and Freddie Mac were profitable, proving to be a source of stability for the housing finance system.
Read More »Senate Committee Pushes for Renewal of National Flood Insurance Program
A recent Senate Banking Committee hearing featured a number of witnesses testifying on behalf of the reauthorization of the NFIP, which is set to expire September 30, 2023.
Read More »Fed Raises Nominal Interest Rate by 0.25%
As expected, the Federal Reserve raised rates again at the end of their May meeting by a quarter point—this is now the tenth-straight increase.
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