A rise in mortgage rates over the past year and inflationary concerns have constrained the purchasing power of prospective buyers, resulting in home price declines of the past two quarters.
Read More »HUD Makes Nearly $570M Available for Housing-Related Hazards
The Department has issued a new round of funding to protect children, families, and individuals from exposure to lead and other hazards in their homes.
Read More »What’s Driving Relentless Storms Against the West Coast?
In a string of bad-luck situations, multiple atmospheric rivers and “bomb cyclones” have hit the West Coast, causing mudslides, flash flooding, and hurricane-force winds. Here’s what a new report reveals.
Read More »Fannie Mae: Housing Market May Be More Vulnerable Than Projected
With home sales having dropped sharply this past year, Fannie Mae experts discuss the impact of lowering mortgage rates and what factors drove purchase demand to increase. Here’s why the housing market is now "in a different phase of the economic and housing cycle.”
Read More »Ginnie Mae MBS Portfolio Grows to $2.280T at End of 2022
According to Ginnie Mae, December's new MBS issuance will support the financing of more than 107,000 households, including more than 49,000 first-time homebuyers.
Read More »NY Gov Envisions 800k New Homes by 2033
New York Governor Kathy Hochul lays out a plan to build 800,000 more homes over the next decade.
Read More »HUD Judge Orders Texas Landlords to Pay Discrimination Damages
HUD has announced three Plano, Texas landlords will pay damages, civil penalties, and attorney’s fees totaling $140,649 for violating the Fair Housing Act after refusing to rent to a Black woman because of her race.
Read More »HUD Initiative Leverages Further Effort Towards Eliminating Appraisal Bias
The Department of Housing and Urban Development has announced a new process for homeowners to review their appraisals if they feel the results have been unfairly biased.
Read More »CFPB Proposes Registry of Financial Contract Clauses
The new proposed rule would require nonbank financial companies to register their use of contract terms and fine print that seek to waive or limit consumer rights and legal protections.
Read More »The Possible Outcomes of 2023’s Housing Market
A new blog post by First American Deputy Chief Economist Odeta Kushi lays out three possible scenarios for the housing market in 2023.
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