Economists say the COVID-19 Delta variant and inflation could be offsetting homebuying optimism that might otherwise be more favorable.
Read More »New FHFA Initiative Aimed at Narrowing the Homeownership Gap
The Biden Administration and the FHFA have announced several new initiatives to combat housing inequality, including the GSE investment of up to $850 million annually in Low-Income Housing Tax Credits.
Read More »Forbearance Plan Volume and Exits Slow Their Pace
As many approach the 18-month mark since entering forbearance plans, the number of exits has diminished, with overall volume changing little over the previous week.
Read More »Median Home Sales Prices Spike $30K in July
The supply of homes has risen as more have been priced out of the market with media prices rising $28,700 month-over-month in July.
Read More »‘Delta Dip’ in Mortgage Rates Drives Homebuying Power Upward
A drop in rates and an uptick in household income both contributed to increased buying power in July.
Read More »Forbearance Volume Begins to Plateau
Overall forbearance volume slid slightly this week, as the MBA reported exits hit their slowest pace in more than a year.
Read More »The Week Ahead: Fostering a More Inclusive Workplace
The American Mortgage Diversity Council (AMDC) will host the final installment in its webinar series, focusing on how companies are meeting their D&I objectives through Employee Resource Groups.
Read More »DASH Act Introduced to Ensure Housing Stability
Senate Finance Committee Chair Ron Wyden has introduced new legislation to tackle the housing affordability crisis and expand homeownership opportunities.
Read More »FHFA Charts Goals to Boost Minority Homeownership
New goals set forth by the GSEs establish benchmarks and seek to promote equitable access to affordable housing for all.
Read More »Underwriting Updates and the Racial Wealth Gap
Fannie Mae CEO Hugh Frater explains how Fannie Mae's automated credit-assessment changes could affect the ability of people of color to reap the benefits of homeownership.
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