The Senate Banking Committee will conduct a Nomination Hearing for two key roles within HUD, as both Solomon Jeffrey Greene and David Uejio take the stand before the Committee.
Read More »FHFA Announces Final Rule to Serve Underserved Markets Regulation
“The implementation of this rule strengthens our commitment to promoting affordable, equitable, and sustainable housing in underserved and rural communities,” said FHFA Director Sandra L. Thompson.
Read More »Low-Income Homebuyers May Be Unaware of Affordable Home Lending Offerings
A new KeyBank poll found that nearly 31% of respondents did not seek out any information or resources on homebuyer assistance programs and could be unaware of the existence of these offerings and the important role banks can play in providing access to them.
Read More »Vacant Homes Push Up Prices of Available Housing
The 16 million vacant homes in the country aren’t just sitting there—a new study found they actively drive up nearby real estate prices and keep potential first-time buyers from entering the market.
Read More »Ohio Court Case Tests Foreclosure Deadlines
Attorney William Scott Leaman discusses a recent foreclosure case in Ohio where the plaintiff’s motion for reimbursement was denied due to a lapse in time.
Read More »Homebuyers Can Save Thousands Building a Home Rather Than Buying
In California, over $200,000 can be saved on average when building a house instead of buying one, while Midwest states are the most cost-effective for buying a home, according to a new report from StorageCafe.
Read More »Homeowners Increasingly Worried About Economic Conditions
More and more homeowners are worried about making their mortgage payments as economic uncertainty—namely inflation—continues to swirl around the country, according to a new study from Brace.
Read More »$202B Worth of Property Impacted by Severe Spring Storms
About 600,000 homes were damaged in the April 4 severe weather outbreak that stretched from the Great Lakes to the Gulf of Mexico.
Read More »HUD Issues $98 Million in Grants to Redevelop Distressed Properties
The Department’s Choice Neighborhoods Implementation Grants will assist in the redevelopment of severely distressed HUD-assisted properties into mixed-income communities nationwide.
Read More »Alarming Number of New Mortgages Already Underwater
According to the 2023 Insuring the American Homeowner report, Insurify projects home insurance rates will rise an additional 9%, as some 27% of new homeowners who bought a home in the past year are already underwater.
Read More »
DSNews The homepage of the servicing industry
