The Federal Reserve raised the nominal interest rate on Wednesday, for the first time since 2018, citing factors such as surging inflation and the growing military conflict in Ukraine.
Read More »HUD Earmarks $2.6B+ to Fight Homelessness
The nationwide grant includes approximately 7,000 new and renewed grants aimed at assisting individuals and families experiencing homelessness move into permanent housing with access to supportive services.
Read More »Ginnie Mae MBS Issuance Volume Exceeds $53B in February
More than 190,000 U.S. homes were financed in February through Ginnie Mae MBS financing.
Read More »HUD Awards Additional COVID-19 Funds to Fight Housing Discrimination
Eleven separate HUD-recognized community programs received $2.47 million in American Rescue Plan funds to combat housing discrimination related to the pandemic.
Read More »Rising to the Occasion
From regulatory scrutiny to the changing needs and preferences of borrowers, mortgage servicers have a lot on their plate in 2022. A pair of recent Five Star webinars examined the best ways forward.
Read More »16M U.S. Homes Remain Vacant Amid Housing Shortage
Although the housing market is still heating up, more than 16 million homes throughout the U.S. are sitting vacant, according to a new report from LendingTree. This poses the question, if so many homes are vacant, why are housing prices ...
Read More »HUD Commits to Better Climate Challenge
HUD Secretary Fudge joins with the Department of Energy and White House, pledging to reduce carbon emissions and lower energy expenses in affordable housing to counter the impact of climate change.
Read More »Fannie Mae Executes First Credit Insurance Risk Transfer of 2022
Completion of CIRT 2022-1 by the GSE covers $26.1 billion in unpaid principal balance of fixed-rate loans, acquired between January 2021 and March 2021.
Read More »Fannie Mae Appoints Its First-Ever Chief D&I Officer
GSE names Sharifa A. Anderson SVP, and Chief Diversity & Inclusion Officer, a new role geared toward the advancement of growing a more inclusive housing sector.
Read More »FHFA Finalizes Changes to the GSEs’ Capital Framework
Amendments to the capital framework for Fannie Mae and Freddie Mac will refine the risk-based capital treatment of the GSE’s credit risk transfer.
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