In a letter to Mike Johnson, Speaker of the United States House of Representatives, 11 housing organizations have issued a letter to Congress to extend the authority of the NFIP by ensuring other vital housing programs do not lapse on November 17.
Read More »Diminished Pool of Homebuyers Forces Retreat in Pending Sales
"It's clear that increased housing inventory and better interest rates are essential to revive the housing market," said NAR Chief Economist Yun. Click through for more on NAR’s August Pending Home Sales report.
Read More »How a Government Shutdown Could Impact the Industry
A partial shutdown of government operations would result in the closing of some federal housing, mortgage, and other programs of interest to the housing industry if Congress is unable to agree on the provisions of a Continuing Resolution to fund the federal government by September 30.
Read More »In Times of Emergency
Natural disasters had a significant impact on the mortgage and real estate industry over the past year. Here's why FEMA recently reversed an existing policy regarding the National Flood Insurance Program and why it’s important during the ongoing government shutdown.
Read More »At HUD This Week …
From a new report on homelessness and the resignation of Deputy Pamela Patenaude to the question of the impact of a partial government shutdown, click through to learn more about what’s happening at HUD.
Read More »Congress Passes Stopgap Spending Bill to End Government Shutdown
6:24 p.m. CST The House has voted and approved stopgap spending bill to fund the government through February 8. The measure now heads to President Trump's desk for final sign-off. __________________________________ 4:08 p.m. CST Several hours after voting to end debate on ...
Read More »