A new analysis from industry veteran Don Layton details the controversy surrounding how the Federal Housing Finance Agency has changed the specific amounts by which Fannie Mae and Freddie Mac risk-adjust the interest rates at which they purchase mortgage loans.
Read More »HUD Partners With Terner Labs on Education Initiative
HUD and Terner Labs at UC Berkeley will bring together leadership in the public sector, housing experts, researchers, technologists, entrepreneurs, practitioners, and others to explore advances at the forefront of the housing industry.
Read More »HUD Measure Seeks to Reduce Mortgage Fees for Native Americans
Reductions in the Section 184 Indian Home Loan will make homeownership more affordable and accessible for Native American families by saving an average of $500 in the first year on mortgage payments through fee reductions.
Read More »More Than 30% of Distressed Property Buyers Anticipate Price Declines
Auction.com has found that nearly one-third of distressed buyers surveyed expect home prices to decline in their local housing market in 2023, nearly double the 17% who expected home prices to decline in 2022.
Read More »Mandatory Flood Insurance Myths Debunked
A new intelligence report written by Scott Giberson, Principal of Product Compliance for CoreLogic, puts some common misconceptions about flood insurance under the microscope.
Read More »HUD Focuses on Healthy Homes in June
The Department kicks off the month of June by focusing its attention on the importance of creating and maintaining a healthy home by addressing home-based hazards, including reducing moisture and mold, and maintaining indoor air quality.
Read More »HUD Announces New Programs in Honor of National Homeownership Month
HUD has planned a number of events throughout the month, including the launch of the Housing Counseling Awareness Campaign and House Party 2.0, highlighting the benefits of housing counseling and efforts to close the racial homeownership gap.
Read More »FHA Proposes New Mortgage Payment Reductions
In order to assist struggling borrowers amid an erratic mortgage rate environment, the FHA has proposed a plan to assist borrowers through temporary reductions to monthly mortgage payments for up to five years.
Read More »HUD Announces $5M in Effort to End Youth, Family Homelessness
A new round of HUD funding will strengthen coordination among public housing authorities, public child welfare agencies, and Continuums of Care.
Read More »Fannie Mae Executes Fifth CIRT on $18.1B of Single-Family Loans
As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, the execution of the fifth Credit Insurance Risk Transfer transaction of 2023 transferred $424.4 million of mortgage credit risk to private insurers and reinsurers.
Read More »