FHA/VA/HUD

Reductions in the Section 184 Indian Home Loan will make homeownership more affordable and accessible for Native American families by saving an average of $500 in the first year on mortgage payments through fee reductions.

Auction.com has found that nearly one-third of distressed buyers surveyed expect home prices to decline in their local housing market in 2023, nearly double the 17% who expected home prices to decline in 2022.

A new intelligence report written by Scott Giberson, Principal of Product Compliance for CoreLogic, puts some common misconceptions about flood insurance under the microscope.

The Department kicks off the month of June by focusing its attention on the importance of creating and maintaining a healthy home by addressing home-based hazards, including reducing moisture and mold, and maintaining indoor air quality.

HUD has planned a number of events throughout the month, including the launch of the Housing Counseling Awareness Campaign and House Party 2.0, highlighting the benefits of housing counseling and efforts to close the racial homeownership gap.

In order to assist struggling borrowers amid an erratic mortgage rate environment, the FHA has proposed a plan to assist borrowers through temporary reductions to monthly mortgage payments for up to five years.

A new round of HUD funding will strengthen coordination among public housing authorities, public child welfare agencies, and Continuums of Care.

As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, the execution of the fifth Credit Insurance Risk Transfer transaction of 2023 transferred $424.4 million of mortgage credit risk to private insurers and reinsurers.

New policies set forth by the FHA in Mortgagee Letter 2023-10 will shorten the timeframe for mortgagees to receive Home Equity Conversion Mortgage assignment funds.

The U.S. Department of Housing and Urban Development and the National Association of Home Builders announced new information surrounding the Innovative Housing Showcase, held to raise awareness of innovative and affordable housing designs with the potential to increase housing supply and reduce housing expenses for owners and renters nationwide.