| Date | Title | Description |
| 07.05.2024 |
ADU options set to expand in California | Las Vegas-based housing technology startup BOXABL on Tuesday announced that it has received approval to begin selling a factory-built accessory dwelling unit (ADU) in California, which could provide more options in a state strapped for affo... |
| 07.05.2024 |
What a 15-year market share high means for the broker industry | Recent data from Inside Mortgage Finance shows a significant leap in broker market share, jumping to 24.3% in Q4 2023, the highest number we’ve seen since 2009. This is a true testament to the care, commitment and passion brokers across the... |
| 07.05.2024 |
White House, HUD announce $5.5B in housing and community development grants | The U.S. Department of Housing and Urban Development (HUD) and the White House announced $5.5 billion in funding on Tuesday that will be distributed through more than 2,400 grants to 1,200 communities in various states, urban areas and othe... |
| 07.05.2024 |
Carrington names new vice president of TPO marketing | Carrington Mortgage Services (CMS) hired Steven Winokur to serve as vice president of marketing for third-party originations (TPO), the company announced Tuesday.
In this new role, Winokur will work to increase the company’s emphasis on div... |
| 06.05.2024 |
NRMLA, MBA provide comments on HECM application, origination documents | Following an announcement that the U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Adminis... |
| 03.05.2024 | U.S. Department of Transportation Announces Closing of First Loan to Support Transit-Oriented Development | Community project in Mt. Vernon, Washington, was able to save $3 million by utilizing ultra-low-interest loans through DOT’s Build America Bureau
WASHINGTON – The U.S. Department of Transportation (DOT) today announced that its Build Americ... |
| 03.05.2024 |
Remote reverse mortgage counseling now permanently permitted in Massachusetts | A bill that will permanently allow for remote reverse mortgage counseling via telephone or video conferencing services in the state of Massachusetts has been signed into law by Gov. Maura Healey (D), doing away with a strict face-to-face re... |
| 03.05.2024 |
FHA extends foreclosure moratorium on Hawaiian island of Maui | The Federal Housing Administration (FHA) on Friday published Mortgagee Letter 2024-08, which extends a foreclosure moratorium on the Hawaiian island of Maui through Aug. 4, 2024, for FHA-insured forward mortgages and Home Equity Conversion ... |
| 02.05.2024 |
New appraisal bias protections apply to reverse mortgage program: FHA | The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) this week announced a new policy enabling mortgage borrowers to “request a re-assessment of the appraised value of their property if the... |
| 02.05.2024 | Business | Advice for working with a home buyer’s agent this spring | How much will a buyer’s agent cost me?
Your contract will specify how much your agent will be paid. For now, buyers and sellers are likely to travel the path of least resistance and pay the area’s customary commission. That’s 2.5% to 3% to ... |
| 02.05.2024 |
HUD issues Fair Housing Act guidance on AI use | The U.S. Department of Housing and Urban Development (HUD) on Thursday announced new guidelines that aim to apply the provisions of the Fair Housing Act to the use of generative artificial intelligence (AI) in the realm of housing.
HUD rele... |
| 02.05.2024 | Launch of "What's Possible": A Blueprint for Sustainable American Communities | New book features essays from 50+ leading climate, finance, and community development experts
Blueprint for equitable green investment arrives following $20 billion in federal grants to catalyze clean energy and sustainable development in d... |
| 02.05.2024 |
HUD adds $90M in funding to protect homes from health hazards | The U.S. Department of Housing and Urban Development (HUD) on Thursday announced nearly $90 million in new funding opportunities to protect the homes of low-income people from a series of health hazards.
The money will go toward prevention ... |
| 01.05.2024 | FHFA Announces Enterprise Reconsideration of Value Policies | Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) published new Reconsideration of Value (ROV) policies after months of collaboration with FHFA and the U.S. Depart... |
| 01.05.2024 |
HUD and FHA announce new appraisal bias protections | The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced a new policy on Wednesday that will enable mortgage borrowers to “request a re-assessment of the appraised value of their prop... |
| 01.05.2024 | ACC Statement on Federal Energy Efficiency Code Updates | WASHINGTON (April 24, 2024) – The American Chemistry Council and its member companies welcome the newly adopted energy codes for federally supported homes. This important update from the U.S. Department of Housing and Urban Development (HUD... |
| 30.04.2024 | Hunt Development Group and KWA Construction Celebrate Topping Out Milestone for Caroline Eastside Apartments in Richardson | Hunt Development Group and KWA Construction at Caroline Eastside Apartments in Richardson, Texas.
Developed by Hunt Development Group, the 384-unit HUD financed project will provide a high-end and affordable community for residents in North... |
| 30.04.2024 |
Reverse mortgage professionals react to H4P rule changes | After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program late last year, the reverse mortgage industry expressed a lot of excitement.
In the newly proposed rules handed down in Octobe... |
| 30.04.2024 | Dr. Michael C. Threatt delivered Keynote Address for the 2023 Southern Conference on Homelessness and Housing (SCHH) | SCHH Keynote Speaker_Dr. MIchael C. Threatt
Dr. Threatt_Landlord Panel Discussion at the 2023 NAHRO National Conference
2024 LIHCA Advocacy Day in Montgomery, Alabama
Dr. Michael C. Threatt served as a Panelist at the 2023 NAHRO Conference ... |
| 29.04.2024 |
Michigan attorney general reissues reverse mortgage consumer alert | The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category during financial literacy month. The action is designed to inform consumers about the potential pros and cons of taking out these ... |
| 29.04.2024 | AI executive order hits 6-month mark | figcaption>span]:font-sans">
It's been six months since President Biden signed his AI executive order, and the White House says federal agencies are hitting all their deadlines.
Why it matters: The executive order is what's drivi... |
| 26.04.2024 |
HUD walks back some proposed changes to HECM for Purchase program | The U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has been modified to bar the practice of premium pricing, and it ... |
| 26.04.2024 |
HUD, USDA reach accord on energy-efficiency standard for new construction | The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. This fulfills a requir... |
| 25.04.2024 |
Survey shows that discrimination in housing persists: Zillow | The majority of respondents to a recent Zillow survey said they have experienced discrimination in housing, with racial minorities and members of the LGBTQ+ community among the groups reporting fair housing issues at even higher rates.
Zill... |
| 25.04.2024 |
HUD details funding, policy support for green homes and climate resilience | The U.S. Department of Housing and Urban Development (HUD) on Thursday detailed a series of actions and initiatives it has undertaken to bolster climate resiliency while supporting green housing initiatives that stem from Inflation Reductio... |
| 25.04.2024 |
GAO highlights reverse mortgage counseling in new report | Older adults and people with disabilities are often prone to financial distress, and they may require more resources to better understand their circumstances and options, according to a new report from the Government Accountability Office (... |
| 24.04.2024 |
HUD aims to help protect communities from extreme heat | The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced new initiatives to bolster community protections against severe heat, an issue that has become more common nationwide.
“For the first time in its history, HUD... |
| 23.04.2024 |
HUD announces final rule to protect against flood risk | The U.S. Department of Housing and Urban Development (HUD) announced Monday that it published a final rule, the Federal Flood Risk Management Standard (FFRMS), in the Federal Register.
The rule is designed to “help communities prepare for a... |
| 23.04.2024 |
New-home sales fared well in March | New-home sales reached a seasonally adjusted annual rate of 693,000 in March, according to data published Tuesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). This figure represents an 8.8% incre... |
| 22.04.2024 | In major homelessness case, Supreme Court grapples with constitutionality of anti-camping ordinances | Washington — The Supreme Court on Monday wrestled with the constitutionality of local laws that ban public camping in a dispute over whether an Oregon city's rules aimed at addressing homelessness violate the Eighth Amendment's prohibition ... |
| 19.04.2024 |
New HUD rule aims to increase lender participation in tribal housing program | The U.S. Department of Housing and Urban Development (HUD) this week announced a new rule aimed at bolstering the department’s Section 184 Indian Housing Loan Guarantee program, with the goal to increasing lender participation and ensure ac... |
| 19.04.2024 |
Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit | Ginnie Mae has filed a point-by-point response to the initial complaint of the case brought against it by Texas Capital Bank (TCB), which alleges that the government-owned company “extinguished, in return for no consideration, TCB’s first p... |
| 19.04.2024 |
Ginnie Mae President Alanna McCargo to resign | Ginnie Mae President Alanna McCargo is resigning from her position at the government-owned company effective May 3, according to an announcement issued Friday by the U.S. Department of Housing and Urban Development (HUD).
Ginnie Mae princip... |
| 19.04.2024 |
Ginnie Mae expands its monthly single-family reporting | Ginnie Mae unveiled a significant revision on Wednesday to its monthly single-family reporting protocols. The government mortgage bond guarantor incorporated expanded its payment default status (PDS) reporting, including loan default inform... |
| 16.04.2024 |
The ‘double-edged sword’ of dual licensing | In a down market disrupted by the commission lawsuits, agents and LOs are considering working in a dual capacity. But it’s a tough road to hoe. (AI image generated by MidJourney.)
As the engines of the housing and mortgage markets continue ... |
| 13.04.2024 | Opinion: Ben Harris: Inflation isn’t the real problem for the US economy. The housing shortage is. | By Ben Harris
Recently released government data hammered home what we have known for at least a year: A national housing shortage, not broad-based price increases, is driving inflation.
Inflation over the past year was 3.1% — far less than ... |
| 12.04.2024 |
HUD names Lofton as Northwest regional administrator | The U.S. Department of Housing and Urban Development (HUD) announced the appointment of Andrew Lofton on Friday as its new administrator for the Northwest region, encompassing the states of Alaska, Idaho, Oregon and Washington.
In this role... |
| 12.04.2024 |
Foreclosures are rising, but it’s not yet alarming | The real estate market is experiencing a slight rise in foreclosure activity following an extended period of moratoria that paused any foreclosures during the pandemic. The uptick in foreclosures could signal homeowner distress due to recen... |
| 11.04.2024 |
Kevin Sears discusses changes and challenges at NAR | Nothing was off the table when National Association of Realtors (NAR) President Kevin Sears joined NextHome CEO James Dwiggins and chief strategy officer Keith Robinson on this week’s episode of their “Real Estate Insiders Unfiltered” podca... |
| 11.04.2024 |
HUD, Indianapolis take control of local housing agency to ‘restore public confidence’ | The U.S. Department of Housing and Urban Development (HUD) announced on Wednesday that it had entered into a cooperative endeavor agreement (CEA) to take control of the Indianapolis Housing Agency (IHA) alongside the City of Indianapolis.
T... |
| 10.04.2024 |
FDIC finds banks violated RESPA on mortgage brokerage payments | Mortgage brokers’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services ... |
| 09.04.2024 |
WSFS president talks motivation for reverse mortgage survey, potential future action | Last month, Northeast regional lender WSFS Mortgage released the results of a survey that measured reverse mortgage product sentiments. It found that more people seem to be aware of the potential value that a reverse mortgage could provide ... |
| 08.04.2024 | HUD to Present Green and Resilient Retrofit Program (GRRP) Funding to benefit Preservation Square | HUD will be presenting a prestigious award to Preservation Square of up to $16,000,000 through HUD’s groundbreaking Green and Resilient Retrofit Program (GRRP). ST. LOUIS, MISSOURI, UNITED STATES, April 8, 2024 /EINPresswire.com/ -- The U.S... |
| 08.04.2024 |
Rural America is losing affordable housing at a crisis pace | The lack of affordable housing in the United States is well-documented in the nation’s urban markets, where it is contributing to the swelling ranks of the homeless.
That same dire need for affordable housing for the least prosperous among ... |
| 05.04.2024 |
Face-to-face reverse mortgage counseling is back in Massachusetts (for now) | Reverse mortgage professionals in Massachusetts will be reliant on their borrowers’ ability to complete their required counseling sessions under the state’s face-to-face mandate following the expiration of a provision temporarily relaxing t... |
| 04.04.2024 |
HUD issues $13.5M in affordable housing grants | The U.S. Department of Housing and Urban Development (HUD) on Thursday announced a new series of affordable housing grants totaling $13.5 million, which will go to support the creation of homes for low-income, first-time homebuyers as part ... |
| 04.04.2024 |
The month in reverse mortgage rates: April 2024 | In the March rate update, we discussed why Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgages (HECMs) utilize two interest rates. The “expected rate” is unique to reverse mortgages and is calculated by adding th... |
| 03.04.2024 |
CHLA urges FHA’s equal treatment of homebuyers despite commission status | The Community Home Lenders of America (CHLA) this week submitted a letter to the Federal Housing Administration (FHA) that urges the agency to “provide comparable down payment treatment for FHA borrowers, regardless of whether or not the se... |
| 03.04.2024 |
Pennsylvania doctor, lawmaker explain why aging in place ‘makes sense’ | A physician and a lawmaker, both based in the state of Pennsylvania, have come together to explain to area seniors why aging in place “makes sense,” explaining potential benefits from a regional healthcare system’s senior wellness program a... |
| 02.04.2024 |
HUD awards $30M to fight Fair Housing Act violations | The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced that it awarded $30 million in grants to fair housing organizations across the nation, which will go to “support the efforts of national, state, and local fair ... |
| 29.03.2024 |
HUD seeks public comment on updates to reverse mortgage documents | The U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equit... |
| 29.03.2024 |
What a tech entrepreneur has discovered about reverse mortgages | Anna Frankowska was recognized in 2017 as one of Forbes’ “30 Under 30” in Europe, having studied economics in London before moving to work in investment banking.
A passion for technology led her to work in the fintech and blockchain spaces,... |
| 29.03.2024 | Business | HUD’s Moving to Work program expands to Boulder County | In just her second official trip outside of the Washington, D.C., Beltway as acting U.S. Department of Housing and Urban Development secretary, Adrianne Todman landed in Colorado on Friday to welcome Boulder County’s public-housing agency i... |
| 29.03.2024 | The hot new government job is AI specialist | AI The hot new government job is AI specialist
Grace Eliza Goodwin
2024-03-29T17:56:48Z
Share icon An curved arrow pointing right.
Share
Facebook Icon The letter F.
Facebook Email icon An envelope. It indicates the ability to send an email.... |
| 28.03.2024 |
Opinion: Reformed FHA program will offer lenders new business opportunities | Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. Thanks to the efficiencies baked into the construction processes of manufactured homes,... |
| 28.03.2024 |
HUD’s green retrofitting program issues $173M in grants and loans | The U.S. Department of Housing and Urban Development (HUD) on Thursday announced $173.8 million in new grant and loan awards under the Green and Resilient Retrofit Program (GRRP), which brings the level of total funding awarded under it to ... |
| 25.03.2024 |
VA should expedite regulatory changes for agent commissions: CHLA | On the heels of the $418 million settlement recently announced by the National Association of Realtors (NAR), mortgage trade group Community Home Lenders of America (CHLA) has called on the U.S. Department of Veteran Affairs (VA) to expedit... |
| 25.03.2024 |
Marcia Fudge talks HUD departure, why it’s time ‘to go home’ | Marcia Fudge is now the former secretary of the U.S. Department of Housing and Urban Development (HUD), having served her final day on Friday, March 22, after announcing her resignation just 11 days earlier. Adrianne Todman now serves as ac... |
| 24.03.2024 | Why buying a home isn't likely to get much cheaper even under Biden's housing plan | Real Estate Why buying a home isn't likely to get much cheaper even under Biden's housing plan
Jennifer Sor
2024-03-24T12:16:01Z
Share icon An curved arrow pointing right.
Share
Facebook Icon The letter F.
Facebook Email icon An envelope. I... |
| 22.03.2024 |
HUD’s Innovative Housing Showcase offers ’highly interactive’ look at the industry | Earlier this week, the U.S. Department of Housing and Urban Development (HUD) announced that it would be bringing back its Innovative Housing Showcase event to the National Mall in Washington, D.C., on June 7-9.
The event is designed to hig... |
| 21.03.2024 |
House Republicans offer counterpoints to Biden’s housing proposals | Despite much of the political oxygen in Washington regarding housing issues being taken up by President Joe Biden and the White House, Republicans got their first major opportunity to offer an alternative vision for solving the nation’s hou... |
| 21.03.2024 | Churchill Stateside Group Closes $16.8M USDA-RD 538 Loan to Finance 120-Unit Workforce Housing Community in Pendleton, SC | Cheney Mill construction and Affordable Housing rendering Churchill Stateside Group
CSG is Pleased to Announce the Closing of Cheney Mill Lofts, Set to Provide 120 Workforce Housing Units to Pendleton, South Carolina
CLEARWATER, Fla., March... |
| 19.03.2024 |
Ahead of Biden speech, White House officials preview housing priorities | President Joe Biden will be in Las Vegas on Tuesday, where he will offer additional remarks about the policies and priorities of his administration’s push to address housing issues for renters and buyers alike. Biden will also highlight the... |
| 19.03.2024 |
HUD counselors offer new guidance on reverse mortgage programs | The U.S. Department of Housing and Urban Development (HUD) Office of Housing Counseling (OHC) has made a series of updates to its Housing Counseling Program Handbook, including extensive additions, consolidations and reorganizations to a se... |
| 19.03.2024 |
More inventory is coming as homebuilders ramp up | New construction of residential homes came in strong in February, with a large concentration of the gains on the single-family side. Homebuilders continue to feel confident about the spring market as demand for new construction remains robu... |
| 19.03.2024 | The Disinformation Campaign That Has Effectively Destroyed The Ability To Combat Disinformation | We already covered the oral arguments in the Murthy v. Missouri case earlier this week, showing that the Supreme Court appears to be quite skeptical of the arguments by the states regarding the federal government “jawboning” to convince soc... |
| 18.03.2024 |
HUD to bring back Innovative Housing Showcase to National Mall in June | The U.S. Department of Housing and Urban Development (HUD) on Monday announced that it would be bringing its Innovative Housing Showcase back to the National Mall in Washington, D.C., this June. The event is designed to highlights housing s... |
| 18.03.2024 |
FHA increases manufactured home loan limits in affordable housing push | The Federal Housing Administration (FHA) announced on Monday that it has raised lending limits for its Title I Manufactured Home Loan Program, a move designed to align the FHA with market forces and to encourage more lenders to participate ... |
| 18.03.2024 |
Ginnie Mae seeks budget increase to manage sizable reverse mortgage portfolio | As part of the budget request submitted to Congress by President Joe Biden and the White House, the U.S. Department of Housing and Urban Development (HUD) detailed some of its hopes for Ginnie Mae. This includes an increase to its 2025 budg... |
| 14.03.2024 |
HUD sued over alleged failure to refund mortgage insurance premiums | The U.S. Department of Housing and Urban Development (HUD) is being sued in federal court over accusations that it failed to refund nearly $385 million in mortgage insurance premiums (MIP) to borrowers over a period of more than two decades... |
| 14.03.2024 |
VA announces plan to house 41,000 homeless veterans | The U.S. Department of Veterans Affairs (VA) announced on Thursday its goals to house 41,000 veterans experiencing homelessness by transitioning them into permanent housing, and to ensure that 95% of those who receive such assistance do not... |
| 13.03.2024 |
HUD signs onto international climate declaration in France | The U.S. Department of Housing and Urban Development (HUD) signed onto an international climate declaration, described as “a foundational document for international cooperation that will enable progress towards a rapid, fair, and effective ... |
| 12.03.2024 |
HUD outlines reverse mortgage wish list in budget proposal | The White House this week submitted its fiscal year 2025 budget proposal to the House of Representatives and the Senate, outlining the priorities of the administration in providing a budgetary blueprint for the entirety of the U.S. federal ... |
| 11.03.2024 | How to Protect Consumer Privacy and Free Speech | Technology is a necessity of modern life. People of all ages rely on it for everything from accessing information and connecting with others, to paying for goods, using transportation, getting work done, and speaking out about issues of the... |
| 11.03.2024 |
HUD Secretary Marcia Fudge announces resignation | Marcia Fudge, the 18th Secretary of the U.S. Department of Housing and Urban Development (HUD), announced her resignation from office, according to an announcement released on Monday by HUD. Her last day will be March 22. Adrianne Todman, t... |
| 11.03.2024 |
Reverse mortgage professionals react to resignation of HUD Secretary Fudge | Members of the reverse mortgage industry were surprised to learn that U.S. Department of Housing and Urban Development (HUD) Secretary Marcia Fudge announced on Monday that she would be resigning from her post effective March 22. HUD deputy... |
| 11.03.2024 | MUTOOF® Granted HUD Approval to Facilitate Purchase of HUD-Owned Properties | The designation will allow MUTOOF® to support buyers and investors interested in HUD-owned homes, expanding its services.
LOS ANGELES, CALIFORNIA, UNITED STATES OF AMERICA, March 11, 2024 /EINPresswire.com/ -- MUTOOF®, a leading commercial ... |
| 11.03.2024 | Racial gap in Tennessee homeownership persists | The gap between Black and white homeowners in Tennessee has grown over the past decade, Axios' Brianna Crane reports from Zillow data.
Why it matters: Homeownership remains the biggest driver of the wealth gap, per the U.S. Department of Ho... |
| 11.03.2024 | HUD Secretary Marcia Fudge resigns | ASSOCIATED PRESS
U.S. Secretary of Housing and Urban Development Marcia Fudge testifies before the House Committee on Financial Services hearing on Capitol Hill, Jan. 11, in Washington. Fudge announced, today, that she would resign her post... |
| 09.03.2024 | Senate Passes Fiscal Year 2024 Appropriations Minibus | WASHINGTON – On Friday, the United States Senate passed H.R. 4366, a package of six Fiscal Year 2024 appropriations bills, by a vote of 75 to 22. The legislation, which previously passed the House of Representatives with broad support and a... |
| 05.03.2024 |
Treasury’s new housing plan includes redirected COVID-19 funds to boost affordable supply | The U.S. Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country.
There are three core provisions of the plan. They include the reallocation of fun... |
| 29.02.2024 | Homes owned by Black people valued less in San Antonio | Data: Zillow; Map: Erin Davis/Axios Visuals
The typical home value of San Antonio-area homes with Black owners is 10.5% less than homes with white owners, per Zillow data shared with Axios.
Why it matters: Homeownership remains the biggest ... |
| 29.02.2024 |
HUD, White House announce new initiatives designed to boost housing supply | The U.S. Department of Housing and Urban Development (HUD) on Thursday unveiled a series of new policies that are designed to boost housing supply and affordability across the country, according to HUD and White House officials.
Stemming fr... |
| 28.02.2024 | Black-owned homes in Phoenix are valued 14% less | Data: Zillow; Map: Erin Davis/Axios Visuals
The typical value of metro Phoenix homes with Black owners ($401,960) is 14% less than the typical value of those with white owners ($468,614), per Zillow data exclusively shared with Axios.
Why i... |
| 27.02.2024 |
HUD, VA announce $14.5M for veterans seeking permanent housing | The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) this week announced the awarding of more than $14.5 million that will be distributed by public housing agencies (PHAs) across the co... |
| 26.02.2024 | There's a new foreclosure avoidance option for FHA loans. Here's what it means for borrowers. | Personal Finance Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.
Mortgages There's a new foreclosure avoidance option for FHA loans. Here's what it means for borrowers.
Written by Mo... |
| 26.02.2024 |
Reverse pros in high-value markets look ahead to 2024 opportunities | Reverse mortgage loan originators all seem to agree that 2024 is off to a better overall start in business than a tepid 2023 might suggest. This is also an adage that is holding true in some of the nation’s more expensive housing markets in... |
| 26.02.2024 | Boston home values for Black owners lag behind | Data: Zillow; Map: Erin Davis/Axios Visuals
The typical home value of Boston-area homes with Black owners is 18.1% less than homes with white owners, per data Zillow shared with Axios.
The big picture: The Boston statistic is on par with th... |
| 26.02.2024 |
HUD engages with other federal agencies to limit lead exposure | The U.S. Department of Housing and Urban Development (HUD) on Monday announced new agreements between HUD, the Environmental Protection Agency (EPA), the U.S. Department of Health and Human Services (HHS) and the Centers for Disease Control... |
| 23.02.2024 |
HUD issues $3.8 million in funding opportunities to research ways to boost inventory | The U.S. Department of Housing and Urban Development (HUD) on Friday announced a series of funding opportunities totaling roughly $3.86 million, which will go toward organizations aiming to boost housing inventory and availability through m... |
| 22.02.2024 | Columbus' Black homeowners face major obstacles | The gap between Black and white homeowners in Columbus has grown over the past decade, Brianna Crane reports from Zillow data shared with Axios.
Why it matters: Homeownership remains the biggest driver of the broader wealth gap, per the U.S... |
| 22.02.2024 | Typical home values by race, mapped | Data: Zillow; Map: Erin Davis/Axios Visuals
The typical value of Atlanta-area homes with Black owners is 18% less than homes with white owners, Axios' Brianna Crane reports using data from Zillow.
Why it matters: Homeownership remains the b... |
| 22.02.2024 | Homes owned by Black residents in Richmond are valued less | Data: Zillow; Map: Erin Davis/Axios Visuals
The typical value of Richmond-area homes with Black owners is 13% less than homes with white owners, per Zillow data shared with Axios.
Why it matters: Homeownership remains the biggest driver of ... |
| 21.02.2024 |
FHA institutes new payment supplement partial claim | The U.S. Department of Housing and Urban Development (HUD) on Wednesday issued a mortgagee letter that implements the Federal Housing Administration’s (FHA) payment supplement partial claim.
The new loss-mitigation alternative resulted from... |
| 20.02.2024 | Racial gaps persist in Seattle-area home values | Data: Zillow; Map: Erin Davis/Axios Visuals
Homes owned by white people continue to be worth substantially more than those owned by Black people in the Seattle area, according to new data from Zillow.
Why it matters: Homeownership remains t... |
| 20.02.2024 | Philadelphia metro's race gaps in home values, mapped | Data: Zillow; Map: Erin Davis/Axios Visuals
Philadelphia homes owned by Black people are typically worth 28.3% less than those owned by white homeowners, per Zillow data shared with Axios.
Why it matters: Homeownership remains the biggest d... |
| 17.02.2024 | 4 financial resources for D.C. homebuyers | Mayor Muriel Bowser launched the District's Black Homeownership Strike Force in 2022 with the goal of helping thousands of Black D.C. residents become homeowners by 2030.
Why it matters: The U.S. Black homeownership rate (45.9%) is nearly 3... |
| 17.02.2024 | New program aims to help more Chicagoans own homes | To help more Chicagoans become homeowners, the Chicago Housing Authority launched a down payment assistance program late last year.
Why it matters: The U.S. Black homeownership rate (45.9%) is nearly 30 percentage points lower than the whit... |
| 17.02.2024 | 3 financial resources for Denver homebuyers | The U.S. Black homeownership rate (45.9%) is nearly 30 percentage points lower than the white homeownership rate (73.8%), per the latest from the Federal Reserve.
To help close the gap, there are a number of local programs and tools geared ... |
| 17.02.2024 | Inside the plan to help more Black Minnesotans own homes | To help low-income families from the historically Black Rondo neighborhood buy homes, St. Paul launched its Inheritance Fund last year.
The community was upended and hundreds of families were displaced during the construction of I-94 in the... |
