Fannie Mae and Freddie Mac both offer special mortgages for green homes; federal and state programs also promote weatherization initiatives through grants for certain projects.
Read More »REO Community Set to Gather This May
The Five Star Institute presents the first-ever REO Connect event, a gathering of the REO community featuring educational offerings and networking opportunities geared to meet the needs of unique marketplace.
Read More »Single-Family Permits Up Over 7% From January
“Single-family housing permits, a leading indicator of future starts, also increased 7.6% compared with the previous month. The uptick in single-family housing permits and starts aligns with the recent increase in homebuilder sentiment,” said First American Deputy Chief Economist Odeta Kushi.
Read More »New Home Purchase Mortgage Applications Experience Modest Increase
According to the latest Mortgage Bankers Association Builder Application Survey data for February 2023, mortgage applications for new home purchases increased just 1.2% compared to the same time a year ago.
Read More »CFPB Opens Inquiry on the Data Broker Market
CFPB seeks info from the public to assist with rulemaking under the Fair Credit Reporting Act regarding data brokers.
Read More »Single Female Homeownership Increases Driving Overall Homeownership Rate Growth
Since 2019, the number of single, female-headed households has increased by 1.4 million, one million of whom are homeowners, according to a new report from First American.
Read More »U.S. Mortgage Credit Availability Slips in February
“Mortgage credit availability decreased to its lowest level since January 2013 with all loan types seeing declines in availability over the month,” said Joel Kan, MBA’s VP and Deputy Chief Economist.
Read More »Bond Sale Called Off by Fannie Mae After SVP Collapse
The GSE alerted investors about calling off a $542 million credit risk transfer to private investors due to a tumultuous economic environment.
Read More »Homebuyers’ Monthly Payments Hit All-Time High Amid Rising Rates
Inflated mortgage rates and home prices pushed monthly housing payments to a record high of nearly $2,600, according to a new report from Redfin.
Read More »White House to Make Significant Investment in Nation’s Housing
President Biden has issued his budget for 2024, featuring a suite of funding and tax credit proposals aimed to tackle the nation’s housing affordability crisis.
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