“It seems pretty likely that home seller profits peaked for this cycle in 2022,” said Rick Sharga, EVP of Market Intelligence at ATTOM.
Read More »HUD Initiative Leverages Further Effort Towards Eliminating Appraisal Bias
The Department of Housing and Urban Development has announced a new process for homeowners to review their appraisals if they feel the results have been unfairly biased.
Read More »Ginnie Mae MBS Portfolio Continues to Grow in November
Ginnie Mae’s November new MBS issuance supports the financing of more than 122,000 households nationwide, including more than 55,600 first-time homebuyers.
Read More »The Week Ahead: CFPB to Deliver Update to Congress
This coming week, Rohit Chopra, Director of the CFPB, will provide an update to the Senate Banking Committee on the latest actions the Bureau has taken to protect consumers from financial misconduct.
Read More »Eight Percent of Newly Mortgaged Homes Underwater
More recent purchases are now underwater due to fluctuating market conditions. Click through to find out what Black Knight’s newest report reveals.
Read More »FHA Issues Forward and Reverse Loan Limits for 2023
Keeping in line with the steep increase of housing prices nationwide, the FHA has set forth its Single-Family Title II forward and Home Equity Conversion Mortgage loan limits for the upcoming calendar year.
Read More »Report Highlights the FHA’s Role in Affordable Financing
In its annual report, the FHA highlighted its role in supporting affordable home financing for first-time buyers and borrowers of color, as well as the assistance provided to struggling homeowners.
Read More »FHA Proposes Changes to Manufactured Homes Rules
In line with the Biden Administration’s previously announced Housing Supply Action Plan, the FHA’s proposed rule sets forth a methodology for regularly adjusting the limits on loans that finance manufactured homes titled as personal property.
Read More »HUD Report Examines Barriers to Small-Balance Mortgages
Loan origination and servicing costs per loan have risen over time, as a new HUD study examines the impact of these factors on affordable homeownership for those interested in lower-priced homes.
Read More »HUD Grants $41M to Enhance Affordable Housing
The U.S. Department of Housing and Urban Development (HUD) announced today that it will make available $41 million for local affordable housing and community development activities that benefit people with low-incomes. The funding is being awarded through HUD’s Capacity Building ...
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