The NAR says the market needs an additional 320,000 new home listings valued at no more than $256,000 so that borrowers earning below $75,000 can get into the market.
Read More »The Week Ahead: House Committee to Examine FHFA Actions
FHFA Director Sandra L. Thompson will testify before the House Financial Services Committee to discuss the latest measures taken by the Agency to execute its mission of maintaining the safety and soundness of the GSEs, and ensuring access to affordable and sustainable housing.
Read More »Ginnie Mae’s MBS Portfolio Hits $2.39T in April
According to Ginnie Mae, April’s mortgage-backed securities issuance supported the financing of more than 112,000 households, including assisting more than 50,700 first-time homebuyers.
Read More »HUD Strengthens Standards, Publishes Final Rule for Rental Assistance Programs
The U.S. Department of Housing and Urban Development has published the Final Rule for the National Standards for the Physical Inspection of Real Estate in the Federal Register, which will be effective July 1 and October 1 for all rental assistance programs.
Read More »The New Face of the Secondary Marketplace
Mark Tribuna of CRA Note Exchange discusses how the secondary market has transformed from trading exclusively second-mortgage down payment assistance loans to also handling first-lien notes for affiliates of Habitat for Humanity International.
Read More »HUD Issues $382M to Help U.S. States Manufacture Affordable Housing
The U.S. Department of Housing and Urban Development has announced the issuance of $382 million via the Housing Trust Fund that will increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely-low and very low-income households.
Read More »HUD Injects $30B to Help Provide Affordable Housing
The U.S. Department of Housing and Urban Development announced an available $30.3 billion for the Housing Choice Voucher Program that will help Public Housing Authorities address recent rent inflation and enable more low-income families to utilize housing vouchers.
Read More »FHFA Updates Equitable Housing Finance Plans for the GSEs
In an effort to complement the initiatives outlined in the FHFA’s Strategic Plan: Fiscal Years 2022-2026, adjustments have been made based on initial research and findings to further promote equitable access to affordable and sustainable housing.
Read More »HUD Reinstates 2013 “Discriminatory Effects” Rule
The U.S. Department of Housing and Urban Development has announced it will rescind the 2020 Fair Housing Act rule and restore 2013 policy to help eradicate discriminatory practices from housing market.
Read More »The Week Ahead: Ginnie Mae President to Address Affordable Housing Solutions
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.
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