McCargo becomes the first woman in Ginnie Mae’s history to hold the position of President.
Read More »Ambitious Buyers Continue to Capitalize on Low Rates
For the third consecutive month, single‐family houses rose, as buyers cash in on low rates before a predicted hike in the coming months.
Read More »Homeownership Remains Key Asset to Americans’ Bottom Line
Homeownership continues to serve as the primary source of wealth accumulation for most middle-class households, according to a new report.
Read More »FHA’s MMI Fund Propelled by Gains in Home Prices
In a report to Congress, the FHA reports that its Mutual Mortgage Insurance (MMI) Fund hit 8.03% for fiscal year 2021, a 1.93 percentage point-rise year-over-year.
Read More »Rise in Rates to Impact Consumer Affordability
Economists have found that improvements in the economy and a rise in wage growth will continue to push mortgage rates upward and decrease consumer house-buying power as 2021 bleeds into 2022.
Read More »FHA Reduces Obstacles to Homeownership for Student Debt Holders
Major steps taken will provide increased access to FHA loans for individuals with student loan debt.
Read More »The Week Ahead: Senate to Explore Equal Housing Measures
This week, the Senate Banking Committee will examine legislation from both sides of the political aisle geared toward enhancing the nation’s housing market and creating equitable housing for all.
Read More »Brian Montgomery Joins Radian’s Board
Former HUD Deputy Secretary and FHA Commissioner joins the board of directors of mortgage insurance company.
Read More »President Recognizes Pursuit of the American Dream
By continuing a tradition of June as National Homeownership Month, the Biden Administration sets forth goals to expand equal housing access for all.
Read More »Governmental Measures Target Expanded Access to Affordable Housing
HUD Secretary Fudge elected to serve as Chair of council to prevent homelessness with Biden allotting funds to HUD from his Budget for 2022 to advance housing equity.
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