According to Epiq Bankruptcy's latest market analysis, the total number of filings increased an overall 7% in September, while commercial Chapter 11 filings increased nearly 80% over the last year.
Read More »Moderate-Income Rental Housing a Viable Asset as ESG Investments Grow
With interest among real estate investors in workforce housing and ESG-focused investments on the rise, affordable rental housing demand is surging for moderate-income households as the transition to homeownership becomes unobtainable for many Americans.
Read More »HUD Report Examines Barriers to Small-Balance Mortgages
Loan origination and servicing costs per loan have risen over time, as a new HUD study examines the impact of these factors on affordable homeownership for those interested in lower-priced homes.
Read More »Commentary: Is Now the Time to Address Fair Access to Disaster Aid?
Disasters have been making headlines recently after a pair of hurricanes—Fiona and Ian—caused damage in the territory of Puerto Rico and from Florida up the East Coast, but as federal aid begins to flow to disaster victims, is now the ...
Read More »HUD Makes Nearly $29M Available to Fight Housing Discrimination
Enforcing the nation’s fair housing laws and policies under the Fair Housing Act, HUD has announced that the most recent grants available will support fair housing education and outreach, testing, and enforcement activities through the Department’s Fair Housing Initiatives Program.
Read More »HUD Assists Florida Victims of Hurricane Ian
President Biden has issued a major disaster declaration for several Florida counties, after an estimated $22-$32 billion in wind losses for residential and commercial properties due to Hurricane Ian.
Read More »Recent HUD, Census Bureau Survey Provides Insight on Housing
According to the new 2021 American Housing Survey released by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau, in general, 2020 and 2021 were good for homeowners but presented challenges for many renters. Every ...
Read More »Hurricane Ian’s Potential Housing Impact
Despite being downgraded to a tropical storm while passing over Florida, Ian has intensified into a hurricane again as of press time, barreling towards the coast of South Carolina. Here’s what CoreLogic experts previously projected regarding potential reconstruction cost values of all homes impacted by Ian’s destructive path.
Read More »Priscilla Almodovar to Serve as Fannie Mae CEO
A financial services veteran, Almodovar brings more than 30 years of finance, real estate, and community development expertise and a strong commitment to affordable housing.
Read More »CFPB Accused of Exceeding Statutory Authority
A group of seven banks and trade groups are taking legal action in the Eastern District of Texas, challenging the Bureau’s update to the Unfair, Deceptive, or Abusive Acts or Practices Section of its exam manual, and for potentially violating the Administrative Procedure Act.
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