D&I

According to a new study from Today's Homeowner, many homeowners are reducing their home improvement spending, as new data shows the Consumer Price Index fell in December for the first time since May 2020. However, prices remain significantly elevated compared to a year ago.

Addressing the issue of appraisal bias is critical, and Jeffrey Hogan of Veros explains what can be done to identify and prevent this problem.

Through this latest agreement, the Justice Department’s Combating Redlining Initiative has secured more than $75 million dollars in relief for communities that have suffered from lending discrimination.

Fannie Mae’s Jake Williamson and Appraisal Institute President Craig Steinley share their perspective with MReport about how the industry is working to improve the appraisal process in 2023.

“HUD is committed to making the appraisal process fair nationwide. We must eliminate bias in home valuations so that everyone can equally reap the benefit of wealth—and intergenerational wealth—that come along with homeownership,” said HUD Secretary Marcia L. Fudge.

Michele M. Evans of Fannie Mae discusses the GSE’s new Positive Rent Payment Reporting pilot program and how renters on the path to homeownership can build their credit history and improve their credit score.

The Department of Housing & Urban Development encouraged aspiring buyers to “stay ready” during the virtual event and also launched a dedicated webpage to connect people to pathways to homeownership.

Wells Fargo’s current Head of Home Lending will transition to role of integrating diversity, equity, and inclusion into every aspect of the company’s business.

Two years into her stint with the bank, Head of Wells Fargo Home Lending Kristy Fercho speaks to MReport about challenges, victories, and the “extraordinary privilege” of helping people achieve the American Dream.

The Five Star Institute will honor those who have left an indelible impact on the industry, and positively influenced homeownership within the past year at next week’s Five Star Conference and Expo in Dallas.