Tag Archives: Government

A recent Fannie Mae report revealed their latest projection of the 2022 real gross domestic product (GDP) to be flat at 0.0 percent growth on a Q4/Q4 basis. The latest GDP reading showed an expected decline in Q2, but recent ...

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 ...

Introduction of bipartisan legislation will seek to protect and ensure oversight and accountability on safe housing conditions for service members and military families.

The ranking Member of the Housing, Community Development, and Insurance Subcommittee on the House Financial Services Committee, as well as nine other Republican committee members, drafted a letter urging further oversight of Fannie Mae and Freddie Mac activities.

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced it has allocated $30.1 million in noncompetitive funding for HUD’s state and local fair housing enforcement agencies across the country under its Fair Housing Assistance Program (FHAP). The FHAP ...

Fannie Mae announced that it has executed its sixth Credit Insurance Risk Transfer (CIRT) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT ...

Freddie Mac announced that Wendell Chambliss, a 20-year veteran of the company, has been appointed Senior VP and Chief Diversity and Inclusion Officer (CDIO). In this newly created role, Chambliss will be responsible for programs and initiatives to bring greater ...

There is no denying that 2020 has been an eventful year, with a pandemic, protests, natural disasters, and, of course, a historic presidential election. Now, the country holds its breath for one more day as the election comes to a ...

Here are the key takeaways regarding the enforcement of certain mortgage servicing rules governing borrower communications in response to the COVID-19 emergency.

The analysis continued by saying African-American are five times more likely to own a home in redlined areas.