Investment

The GSE transfers a combined $926 million of mortgage credit risk to private insurers and reinsurers in its latest two CIRTs as it continues to reduce taxpayer risk by increasing the role of private capital in the mortgage market.

The number of flips by small and large investors alike hit its highest level in over 15 years.

The U.S. Department of Housing and Urban Development has awarded $54 million to 182 fair housing organizations across the country under its Fair Housing Initiatives Program, with some grants empowering organizations to test for appraisal bias and educate local communities.

At the Low Income Housing Forum, Treasury Department Deputy Secretary Adeyemo reports that nearly 10.8 million Emergency Rental Assistance payments have been made to keep families in their homes.

The MBA reports that servicers’ portfolio volume in February dropped four basis points to 0.60% month-over-month, as approximately 300,000 homeowners nationwide remain in forbearance plans.

Going green is all the rage, be it to reduce your carbon footprint, increase the efficiency of your home, or just be a better global citizen, Americans across the country have joined the green movement in several aspects of their lives, and their homes are no exception.

Five Star’s inaugural REO Connect event will serve as a hub for industry professionals committed to making the REO process profitable, efficient, and effective at eliminating blight from neighborhoods nationwide.

An upcoming hybrid event presented by the Harvard Joint Center for Housing Studies will feature Ginnie Mae President Alanna McCargo discussing the nation’s affordable housing and rental goals.

Publishing data covering the month of February 2023, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development has released their joint report on new residential construction permits, starts, and completions.

Robert A. Riether Esq. takes a closer look at vexatious litigation, and its impact within the legal system in the states of Arizona and Nevada.