Despite elevated interest rates and rising home prices that have intensified affordability issues for Hispanic homebuyers, by 2040, an estimated 70% of new homeowners will be Hispanic. Learn what else this new study from the Urban Institute reveals.
Read More »HUD Awards $10.5M+ in Grants to Empower Underserved Hispanic Communities
HUD enhances its commitment to working with the nation’s Hispanic communities to ensure access to affordable, fair, and safe housing and homeownership opportunities nationwide.
Read More »HUD Installs New Appointments to Manufactured Housing Consensus Committee
Three new appointees and three return to the committee that advises HUD on manufactured housing production, regulations, and administration of the Manufactured Housing Construction and Safety Standards Act.
Read More »HUD Awards Nearly $1 Million to Research the Homeownership Gap
HUD has issued several grants geared toward research to address disparities in access to mortgage financing and homeownership for borrowers of color and other underserved groups.
Read More »How a Government Shutdown Could Impact the Industry
A partial shutdown of government operations would result in the closing of some federal housing, mortgage, and other programs of interest to the housing industry if Congress is unable to agree on the provisions of a Continuing Resolution to fund the federal government by September 30.
Read More »Housing Supply Jumps to Six-Month High
U.S. housing supply jumped to 7.8 months at the current sales rate in August, the highest measure recorded since March 2023, as the inventory of completed homes for sale continued to climb, hitting its highest level since April 2020.
Read More »HUD and VA Award $16 Million to Assist Homeless Vets
Governmental agencies issue vouchers to 71 Public Housing Agencies nationwide to help homeless vets and their families find and sustain permanent housing.
Read More »HUD Expedites Aid to Hurricane Idalia Victims in Florida
The Department issues 29 waivers to help communities in Florida hasten rehabilitation and reconstruction from the extensive damage caused by Hurricane Idalia.
Read More »Servicers Shine at Annual Five Star Conference
The Five Star Conference & Expo closed out with a lively discussion on the latest headwinds impacting the mortgage servicing space, featuring top mortgage servicing execs, economists, and government reps exchanging ideas on how to move the industry forward.
Read More »Kim Yowell Honored With Five Star’s Lifetime Achievement Award
At the annual Five Star Conference in Dallas, the 30-year industry trailblazer was recognized for her accomplishments in the mortgage finance space throughout her career.
Read More »