HUD funding granted to three awardees will assess the impact of the Emergency Rental Assistance program on people and communities, with a focus on housing stability and eviction outcomes.
Read More »HUD Grants Nearly $84M to Combat Youth Homelessness
The grants to support innovative housing programs in multiple communities nationwide will help in targeting federal resources to meet and support local needs and community-driven efforts to end youth homelessness, improving the process and outcome through more stable housing and services.
Read More »FHFA Releases Report Underlining FHLBanks’ Activities and Performance
The latest annual report from the FHFA revealed that an estimated $352.4 million in total contributions to the Affordable Housing Program was awarded in 2021, which assisted more than 32,000 low- and moderate-income households.
Read More »Wells Fargo Contributes $1M in Hurricane Relief for Florida
Wells Fargo has announced their donation of $1 million from the Wells Fargo Foundation to aid four statewide organizations providing urgent relief in Florida following the aftermath of ...
Read More »Foundation Honors Fallen First Responder Families With Mortgage Payoffs
The Tunnel to Towers Foundation announced today that it has paid off the mortgages held on the homes of twenty-one fallen first responder families, in honor of the ...
Read More »Black-Owned Firms Hired to Distribute Bond Issuances
Citi announced that it worked exclusively with five Black-owned firms to distribute a $2.5 billion bond issuance, reinforcing the firm’s commitment to increasing racial equity in the capital ...
Read More »Ginnie Mae’s Single-Family MBS Issuance Declines
While overall outstanding mortgage-backed securities at Ginnie Mae increased in July, its data indicated a decline in the issuance of single-family MBS from last year. Here’s a break down of MBS’ performance across various loans.
Read More »MBS’ Outstanding Principal Balances Approach $2 Trillion
The issuance of MBS increased in April according to a Ginnie Mae report. Click through to learn the share of single-family housing in this mix.
Read More »