The annual National Property Preservation Conference once again brought together a cross-section of field services vendors, mortgage servicing professionals, and representatives of government agencies and the GSEs to “discuss pressing issues and develop solutions.”
Read More »Industry Mourns David H. Stevens, Former FHA Commissioner
The Mortgage Bankers Association (MBA) has announced the unexpected passing of former President and CEO David H. Stevens, CMB. Bob Broeksmit, MBA sitting President and CEO said the industry veteran "is remembered as a great mentor, boss, and friend."
Read More »HUD Proposes Rule to Advance Economic Development in Underserved Communities
“From coast to coast and nearly everywhere in between, Community Development Block Grant funds build roads and sewers, rehabilitate homes, support nonprofit organizations and small businesses, and help communities prepare for and recover from weather-related disasters,” said HUD Secretary Marcia L. Fudge.
Read More »FHFA Increases the LIHTC Cap for GSEs
Under new deal, Fannie Mae and Freddie Mac will be allowed to invest up to $1 billion annually in the Low-Income Housing Tax Credit market as equity investors.
Read More »Government Agencies Work together to ‘Decarbonize the Building Sector’
“The new partnerships that we are announcing today underscore our strong and enduring commitment to energy efficiency and climate resiliency for our nation’s communities, homes, buildings, and infrastructure. It also underscores our commitment to sharing research on climate impacts faced by those most at risk,” said U.S. Secretary of Housing and Urban Development Marcia L. Fudge.
Read More »Congress Examines Governmental Barriers to Housing Affordability
The House Financial Services Committee recently gathered a panel of housing experts to analyze affordability challenges in the housing marketplace, with a focus on governmental barriers such as zoning policies that have exacerbated these issues.
Read More »VA Surpasses Goal to House Vets in 2023
Through the month of October, the VA has housed more than 38,000 homeless veterans, reaching its goal two months early and prioritizing ending veteran homelessness as a top aim.
Read More »HUD to Provide Aid to At-Risk Renters
A new proposed rule would provide residents of public housing or in properties receiving project-based rental assistance 30 days' notice to cure lease violations for nonpayment of rent.
Read More »HUD Awards $25 Million to Seven Public Housing Agencies
HUD’s latest investment will boost access to housing vouchers for families by addressing barriers to equitable housing solutions in seven markets nationwide.
Read More »FHA Helped 765,000 Families Purchase Homes in FY 2023
The FHA has issued its Annual Report to Congress for fiscal year 2023, highlighting the impact of insurance premium reduction, assistance for approximately two million struggling homeowners, and support of underserved borrowers and communities.
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