New program will fund endeavors to make safety and functional home modification repairs and renovations to meet the needs of low-income elderly homeowners.
Read More »HUD Awards $65 Million-Plus to Support Equitable Housing
Through two separate investments, HUD will assist at-risk public housing agencies through a $25 million award, and has issued $40 million-plus to support housing counseling services.
Read More »Ginnie Mae MBS Portfolio Reaches $2.25 Trillion in July
Ginnie Mae’s MBS portfolio grew for the 13th consecutive month in July, supporting over 155,000 affordable homeownership and rental units throughout the U.S., including approximately $1.85 billion in loans for multifamily housing.
Read More »Ian Ouwerkerk Named SVP of Underwriting & Credit for Freddie Mac Multifamily
Having served as Interim SVP of Underwriting & Credit since earlier this year, Ouwerkerk has been with the GSE for nearly 15 years, after exiting a career in the commercial real estate space.
Read More »Fannie Mae Advocates for Additional Demographic Loan Data
One of Fannie Mae’s missions is to facilitate equitable and sustainable access to homeownership and quality affordable rental units across the country which provide a stronger and more efficient housing system for all. But as a major source of mortgage ...
Read More »FHFA Forms Committee on Affordable, Equitable, and Sustainable Housing
Seeking input from several industry stakeholders, the FHFA’s new Advisory Committee will guide the Agency on its commitment to transparency and drafting policy that will connect equitable access with safety and soundness in the nation’s housing marketplace.
Read More »Senator Warren Leads Charge on Military Housing Readiness Council Act
Introduction of bipartisan legislation will seek to protect and ensure oversight and accountability on safe housing conditions for service members and military families.
Read More »Florida Court Affirms Summary Judgment in Foreclosure Case
Attorney Roy Diaz discusses a recent Florida Court decision where an affidavit was insufficient in creating a genuine issue, and entered a foreclosure judgment in favor of Bank of New York Mellon against two borrowers.
Read More »FHFA and Ginnie Mae Update Seller/Servicer Requirements
New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit remains available for all qualified borrowers.
Read More »In Pursuit of a National Loss Mit Signing Solution
An upcoming Five Star Institute webinar will discuss the implementation of a national digital signing platform, built to satisfy servicer, investor, borrower, and state requirements nationwide.
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