For those facing financial hardship, the Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will enhance their payment deferral policies to allow borrowers to defer up to six months of mortgage payments.
Read More »SVB Financial Group Announces Chapter 11 Commencement
SVB Financial Group has announced that its strategic alternatives process for SVB Capital and SVB Securities Operations are underway. SVB Securities and SVB Capital's Funds and general partner entities will not be included in the Chapter 11 filing.
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 »Affordability Struggles Weaken Housing Market
The rate of overall housing starts slowed in 2022 while completions climbed, according to a new Realtor.com report. New home affordability continues to drop rapidly with just 10% of new homes sold for less than $300,000 in Q4 2022.
Read More »Study: Black-White Homeownership Rate Gap is the Largest in a Decade
A new report from the National Association of Realtors revealed Black homeownership rates have not kept pace with increases of other racial groups, as Black homeowners and renters are more cost-burdened than any other racial group.
Read More »Home Price Growth Stalls After Rate Increases
According to a new report from HouseCanary, signs of a market rebound earlier this year retreated in February.
Read More »HUD Awards $5.6B in Annual Grants for Affordable Housing
The U.S. Department of Housing and Urban Development has announced funding will go to 1,200 communities through 2,400 grants to support the needs of families and individuals.
Read More »Least Expensive Metros Experience Faster Rent Growth Nationwide
According to the Realtor.com, the average rental vacancy rate was 7.6% in Q4 of 2022, as rent January marked the 12th consecutive month of slowing rent growth.
Read More »CoreLogic Announces the Acquisition of Roostify
By merging Roostify’s digital mortgage tech platform with CoreLogic’s data, clients will have access to critical information about borrowers and properties at the beginning of the loan process.
Read More »Share of Vacant Homes in Foreclosure Increases for Fourth Straight Quarter
According to a new report from ATTOM, zombie properties represent just one of every 12,400 residential properties nationwide, as the count of vacant homes in foreclosure ticked up for the fourth consecutive quarter.
Read More »