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.
Read More »FHFA Releases 2023 Scorecard for GSEs, Common Securitization Solutions
The 2023 Scorecard builds on the progress made by the GSEs in 2022 to strengthen capital position while advancing equitable and sustainable access to homeownership and rental housing nationwide.
Read More »HUD Awards Nearly $25M to Provide More Affordable Housing
HUD has announced a grant that will help provide permanent affordable housing to non-elderly persons with disabilities, helping them live independently as self-sufficient members of their communities.
Read More »HUD Swears in Assistant Secretary for Congressional and Intergovernmental Relations
Kim McClain will manage the Department’s legislative affairs, Congressional relations, and policy matters impacting federal, state, and local governments, and public and private interest groups.
Read More »Share of Energy-Efficient Homes Rising Nationwide
According to a new Porch study, homeowners and homebuyers are beginning to understand and appreciate the value of an energy-efficient home and what it provides in terms of cost and savings on heating and cooling.
Read More »