Daily Dose

HUD Secretary Dr. Benjamin Carson spotlighted new ways HUD is working with states and local governments to further assist vulnerable populations amid the ongoing COVID-19 outbreak. In an announcement this week, Carson provided guidance and additional flexibility to states and ...

The U.S. single-family home rent prices in June continued the path downward, spiking 1.4% year over year for the month, representing a deep decline from the year before. Furthermore, it was the lowest growth rate since May 2010, according to ...

This extends the ban until next year and covers the roughly 8.1 million homeowners with single-family mortgages insured by the FHA.

The mortgage forbearance option in the March 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act  offered relief to millions of homeowners during the COVID-19 pandemic. The 33.4 million with federally backed mortgages can request from their servicers a forbearance plan (with far less documentation of financial hardship than is usually required) allowing them to delay ...

The nation's overall delinquency rate for May reached its highest level since February 2014, according to the latest Loan Performance Insights report published by CoreLogic. During May, 7.3% of mortgages were delinquent by at least 30 days or more. The ...

California legislators are pushing for the formation of a new watchdog agency to protect consumers from bad loans by “predatory lenders.”  California Assembly member Monique Limón told National Public Radio (NPR) that since the COVID outbreak, consumer complaints about financial wrongdoing in her state are ...

According to the latest commentary from the Fannie Mae Economic and Strategic Research Group, America’s economy is surprisingly poised to bounce back in the coming quarter. Although the U.S. economy experienced a setback in the second quarter, contracting by 32.9% ...

The 2020 presidential race is pivotal for many reasons, including its implications for the housing industry, which often receives less attention on the campaign trail than other topics.    Yet, as America faces a historic shortage of homes for sale, researchers at Realtor.com take a close look ...

President Donald Trump and HUD Secretary Dr. Benjamin Carson co-authored an op-ed piece in the Wall Street Journal, addressing housing-industry talking points such as affordability, single-family zoning, opportunity zones, and the President's recent campaign press to "defend the suburbs." This ...

There was a climb of 8.22% in the delinquency rate for mortgage loans on one-to four-unit residential properties of all loans outstanding at the conclusion of the second quarter, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey. Researchers ...