FHA/VA/HUD

The U.S. Department of Housing and Urban Development announced for commitments to public safety, facility improvements, economic development, and housing projects to further develop and preserve more housing nationwide.

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.

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.

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.

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.

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.

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.

Governmental agencies issue vouchers to 71 Public Housing Agencies nationwide to help homeless vets and their families find and sustain permanent housing.

The Department issues 29 waivers to help communities in Florida hasten rehabilitation and reconstruction from the extensive damage caused by Hurricane Idalia.

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.