Government

The Federal Housing Administration (FHA) released its 2020 annual report today, which covers the financial status of the Mutual Mortgage Insurance (MMI) Fund and its Single Family insurance programs.  The 2020 FHA report emphasizes how the government agency helped homeowners ...

A referendum to change how California enacts property taxes, which some argued would address California's housing affordability issues, was defeated by the state’s voters. Proposition 15 was designed to create a split-roll property tax system in California, with commercial properties ...

The Federal Housing Administration (FHA) today published a proposed rule on its website that would allow a private flood insurance option instead of insurance through the National Flood Insurance Program (NFIP), when flood insurance is required by FHA. In September, the ...

FHA’s Dror Oppenheimer addressed industry professionals at a recent event, where he discussed how and why the agency implemented a new array of technological tools at just the right time.

Major news outlets announced on Saturday that former Vice President Joe Biden is the president-elect. A Biden administration may bring major policy changes with it.  According to an analysis from realtor.com, Joe Biden would be entering the presidency during a ...

"This is a year that continues to set records," according to a Ginnie Mae executive.

There appears to be a bit of bounce in the step of economic activity in the U.S. as total nonfarm payroll employment spiked by 638,000 in October, coupled by a 6.9% drop in the unemployment rate, according to the U.S. ...

  Fannie Mae announced on Wednesday that Sheila C. Bair will take on the role of Chair of Fannie Mae’s Board of Directors. The Board unanimously passed a resolution appointing her Chair on October 28, and Bair will be starting ...

There is no denying that 2020 has been an eventful year, with a pandemic, protests, natural disasters, and, of course, a historic presidential election. Now, the country holds its breath for one more day as the election comes to a ...

The COVID-19 pandemic has been the impetus for federal foreclosure prevention measures. Many states also have taken their own measures. The legal-news site JDSupra has provided a summary of the most-recent statewide foreclosure and eviction moratoria updates. Its updates specifically ...