As Ginnie Mae continues its search for a permanent COO, Laura M. Kenney has been named Senior Advisor for Strategic Operations, in addition to Britt Van being appointed as Special Advisor to the President.
Read More »Credit Conditions Tightened Slightly in March
According to a new report from First American, the Potential Home Sales Model for March revealed it is unlikely that the recent banking crisis will materially impact residential mortgage availability.
Read More »CoreLogic Estimates $83B-Plus in Tornado Damage Across Central U.S.
Approximately 358,000 homes may have sustained damage from hail and/or tornadoes on March 31, according to the latest findings from CoreLogic.
Read More »HUD Addresses Housing Goals in President’s 2024 Budget
With approximately $73.3 billion earmarked for HUD in 2024, the Department would make an investment in building affordable housing, expand access to homeownership, and address housing discrimination.
Read More »Biden’s 2024 Budget Addresses Affordable Housing
President Biden’s proposed fiscal year 2024 budget would significantly invest in building affordable housing, expand access to homeownership, combat housing discrimination, and enhance household mobility.
Read More »HUD Issues Final Rule to Offer 40-Year FHA Loan Mods
The Department believes that its new rule will serve as a critical home retention tool for borrowers in a volatile interest rate market.
Read More »Supreme Court to Hear Case Challenging CFPB’s Funding Structure
SCOTUS will hear arguments in a case challenging the constitutionality of the Bureau's funding structure. Click through to learn what this could mean for the CFPB and the industry.
Read More »FHA Announces 30-Point Reduction in Mortgage Insurance Premiums
Reduction in MIP will result in an estimated savings of $678 million for American families by the end of 2023, and benefit an estimated 850,000 borrowers over the coming year, saving them an average of $800 annually.
Read More »FHA Seeking Input on Financing for Rehab Homes
New Request for Information seeks industry input on ways to enhance FHA’s 203(k) Rehabilitation Mortgage Insurance Program to support the nation’s housing supply and affordability.
Read More »Ginnie Mae Announces LMI Income Disclosure, Enhances ESG Metrics
Stepping up its Environmental, Social, and Governance (ESG) efforts, Ginnie Mae is providing greater transparency into its pools for investors through new LMI disclosure.
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