The program provides crucial access to credit and homeownership, said HUD Secretary Marcia Fudge in a statement this week.
Read More »Shift to Purchase-Dominated Market Increases Fraud Risk
An economist offers insight into the latest loan application defect report, including some thoughts on how the rise in mortgage rates will impact refinancing and, as a result, increase risks for lenders.
Read More »DS5: Making Homeownership a Reality for Underserved Communities
In this episode of DS5: Inside the Industry, Miki Adams, President of CBC Mortgage Agency discusses work her company is conducting to promote low-income access to down-payment assistance and more.
Read More »Why Rising Rates Are ‘Becoming a Problem’
Discussion about the impact of increasing mortgage rates on refinancing has been prolific, but this financial expert foresees a potentially broader effect on the economy at large.
Read More »Refinancing Report Breaks Down Reasons for Rejection, and More
New research tackles refi trends—why applications are most-often rejected, where approvals are most likely, and more.
Read More »Just How Intense Has Homebuying Competition Become?
Bidders have been battling one another throughout the pandemic, and the want for homes continues to increase, the latest data shows.
Read More »Rising Rates Remove Refinancing Option for Millions
Still, many remaining refi candidates collectively could save some $36 billion annually, analysts opine, which could serve as another burst of stimulus into the economy.
Read More »The ‘American Dream’ Is Motivating Millennials
More than half of 25- to 40-year-old respondents to a recent survey said the desire to be a homeowner is the driving force behind purchasing property. Click through to see what else is galvanizing this demographic.
Read More »Calabria Discusses His Approach to Regulating Fannie and Freddie
Mark Calabria, Director of the FHFA tells policy expert Tim Rood how “coming of age in the aftermath of the savings and loan crisis shaped decision-making throughout his career.
Read More »Tracking the Migration Shift Away From Costly Metro Areas
Experts explain why, if telework opens the possibility of moving for hundreds of thousands of professionals, the potential gains could be substantial.
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