...has also announced a new Medicaid and Children’s Health Insurance Program (CHIP) Health-Related Social Needs (HRSN) Framework. The Framework will help states support clinically appropriate and evidence-based interventions to support...
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Senate Banking Committee Spotlights the Nation’s Financial Regulators
...in Washington, D.C. Witnesses included Michael Barr, Vice Chair for Supervision of the Federal Reserve; Martin Gruenberg, Chair of the Federal Deposit Insurance Corporation (FDIC); Todd Harper, Chair of the...
Read More »Rising Waters, Rising Costs
...and reforms to modernize the National Flood Insurance Program (NFIP) and FEMA’s mapping of SFHAs." According to the CBO, expected flood damage is small relative to total property value, but...
Read More »FHA Reports on Delinquency, Credit Access in Report to Congress
...the FHA Mutual Mortgage Insurance Fund (MMI Fund), which supports that work. The Annual Report to Congress Regarding the Financial Status of the Federal Housing Administration Mutual Mortgage Insurance Fund...
Read More »FHA Increases Fees for Property Preservation Expenses
...with the procedures for bidding and payment of claims under the Single-Family FHA Mortgage Insurance program. The CWCOT program was designed to reduce the number of single-family properties added to...
Read More »Trade Groups Urge Congress to Extend NFIP and Protect Housing Market
...severely limited or cost-prohibitive private market flood insurance products or, worse, federal disaster aid.” Flood insurance is not the only program at risk. Several housing financing programs like USDA’s rural...
Read More »The Week Ahead: REO Agents Expand Into Hedge Fund Listings
...(Wednesday) Freddie Mac Primary Mortgage Market Survey (Thursday) U.S. Department of Labor's Unemployment Insurance Weekly Claims Report (Thursday) Senate Banking Committee Hearing: Oversight of Financial Regulators: Protecting Main Street Not...
Read More »Commercial and Multifamily Loan Originations Plummet
...dollar volume of life insurance company loans. According to the MBA, on a quarterly basis, third quarter originations for health care properties decreased 28% compared to the second quarter of...
Read More »Purchase Applications Wane as Housing Affordability Reaches 39-Year Low
...mind that the record-high payment doesn’t include taxes, insurance, or any HOA fees that may be part of the homeowner’s monthly expenses. For the last 35 years, the share of...
Read More »FDIC Takes Over Fifth U.S. Bank of 2023
...Iowa Division of Banking has appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into a Purchase and Assumption Agreement with Iowa Trust &...
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