The Federal Housing Administration (FHA) released its 2020 annual report today, which covers the financial status of the Mutual Mortgage Insurance (MMI) Fund and its Single Family insurance ...
Read More »Health Crisis Spurs Lasting Change at FHA
This year’s National Property Preservation Conference featured keynote speaker Dror Oppenheimer, U.S. Department of Housing and Urban Development (HUD) Senior Advisor to the Assistant Secretary for Housing and ...
Read More »Golden State Voters Strike Down Proposed Property Tax
A referendum to change how California enacts property taxes, which some argued would address California's housing affordability issues, was defeated by the state’s voters. Proposition 15 was designed ...
Read More »How President-Elect Biden Might Alter the Housing Market
Here’s what the president-elect could do to assist first-time homebuyers and help more Americans achieve homeownership.
Read More »Consumers Report More Optimistic Home-Purchase View
Consumers in October reported a more optimistic view of both buying and selling homes, while also reporting a less positive outlook on personal finances and employment, based on ...
Read More »Economy Experiences “Uneven Recovery” Despite Jump in New Jobs
There appears to be a bit of bounce in the step of economic activity in the U.S. as total nonfarm payroll employment spiked by 638,000 in October, coupled ...
Read More »Fannie Mae Names New Chair of the Board of Directors
Fannie Mae announced on Wednesday that Sheila C. Bair will take on the role of Chair of Fannie Mae’s Board of Directors. The Board unanimously passed a resolution ...
Read More »30-Year Fixed-Rate Mortgage Hits Record Low
Freddie Mac announced that the 30-year fixed-rate mortgage (FRM) has reached its lowest rate since the government-sponsored enterprise began publishing its Primary Mortgage Market Survey (PMMS) in 1971. ...
Read More »FHA Issues Pair of Partial Waivers
On Friday, the Federal Housing Administration (FHA) announced the issuance of two temporary partial waivers. This pair of waivers, which will apply directly to the Home Equity Conversion ...
Read More »5 Top Stories on the Election and Housing
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 ...
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