Analysts suggest the incoming administration would do best to re-focus future efforts toward assisting landlords and mortgage holders rather than providing further moratoria extensions.
Read More »Q3 Shows Signs of Effective Foreclosure Prevention Actions
The government-sponsored enterprises (GSEs) completed 539,451 foreclosure prevention actions during the third quarter of this year, according to new data from the Federal Housing Finance Agency (FHFA). The total number of GSE loans in forbearance plans totaled 1.04 million by ...
Read More »Key Takeaways from Real Estate in 2020
Just as clothes go in and out of fashion, so do real estate trends. 2020 saw its fair share of new ways to shop for homes, high levels of demand, and even a few myths busted, according to Zillow. Here ...
Read More »How Housing Policy Can Advance Racial Equality
While COVID-19’s hardly at the root of housing challenges, the pandemic compounded them—a signal that another housing crisis can be expected for homeowners, renters, and rental property owners, according to a report from the Urban Institute. In the eye of ...
Read More »What Marcia Fudge’s Appointment Might Mean for HUD
Since President-elect Joe Biden nominated Ohio Rep. Marcia Fudge for Secretary of the Department of Housing and Urban Development (HUD), members of the housing industry, and Fudge herself, have reacted. Via Twitter, following the nomination, Fudge said, "This pandemic, the ...
Read More »Mnuchin Addresses GSEs and Conservatorship
The Treasury Secretary of the United States says Freddie Mac and Fannie Mae will remain government-sponsored throughout the remainder of Donald Trump's presidency, leaving President-elect Joseph Biden to decide the enterprises' fates. Wall Street Journal and Bloomberg report that the ...
Read More »Possible Solutions for Borrowers Unable to Make Payments
Based on its recent research and panel discussions, the Urban Institute on Friday published "Three Ways to Help 3.2 Million Struggling Homeowners." The Institute has discovered that while some 3.7 million homeowners, as of November, had resumed mortgage payments and ...
Read More »High Court Takes on FHFA ‘Separation of Powers’ Case
The U.S. Supreme Court has taken up the case of Collins v. Mnuchin, which will determine whether the leadership structure of the Federal Housing Finance Agency (FHFA) violates the federal separation of powers and whether the courts will be able ...
Read More »Report: Biden Picks Marcia Fudge to Lead HUD
The President-elect reportedly has selected the congresswoman from Ohio to lead the department.
Read More »MBS Represent ‘Strong Source of Capital’ for Homeowners
Ginnie Mae on Tuesday announced that mortgage-backed securities (MBS) have continuously been a "strong source of capital for America's homeowners." The company, which funds government-backed loans, reports more than $76.2 billion of securities issued in November, the fifth consecutive month ...
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