FHA/VA/HUD

According to a new report from Redfin, the nationwide median asking rent inched upward just 1.7% in February, marking the smallest increase in nearly two years, and the lowest level in 12 months.

The Department believes that its new rule will serve as a critical home retention tool for borrowers in a volatile interest rate market.

According to a new Fannie Mae report, nationwide housing sentiment has returned to a near-survey low, as homebuyers and home sellers continue to combat inflation and occupational insecurities.

The Federal Housing Finance Agency has announced upcoming roundtable discussions and a wrap-up listening session as part of its comprehensive review of the Federal Home Loan Bank system.

The 13th Annual Five Star Government Forum is set for next week in our nation’s capital, bringing together mortgage servicing leadership and government agency reps to discuss the industry’s most pressing issues and work toward solutions.

The U.S. Department of Housing and Urban Development has announced funding will go to 1,200 communities through 2,400 grants to support the needs of families and individuals.

The latest round of HUD funding will allow authorities to modernize public housing for families, individuals, and seniors through the Department's Capital Fund Program.

Reduction in MIP will result in an estimated savings of $678 million for American families by the end of 2023, and benefit an estimated 850,000 borrowers over the coming year, saving them an average of $800 annually.

“Single-family completions have outpaced housing starts since July 2022, and that will likely put some downward pressure on the numbers of single-family homes under construction in the months ahead,” said First American Deputy Chief Economist Odeta Kushi.

New Request for Information seeks industry input on ways to enhance FHA’s 203(k) Rehabilitation Mortgage Insurance Program to support the nation’s housing supply and affordability.