Government

The Department has initiated public housing inspections under the National Standards for the Physical Inspection of Real Estate rule to address substandard rental properties and promote compliance with health and safety standards.

Usage by financial institutions increased by 46% year-over-year from approximately 6 billion scores used to 8.8 billion scores. Usage by banks and thrifts increased by 13.5% and usage by credit card issuers increased by over 18%.

Rep. Nick LaLota's HR 3186 will provide financial assistance for supportive services for very low-income veteran families in permanent housing.

“This upward trend is being driven by a resilient economy, persistent inflation, and a more hawkish tone from the Federal Reserve,” said Freddie Mac Chief Economist Sam Khater.

Fannie Mae’s recap of its Environmental, Social, and Governance efforts in 2022 details how the GSE acquired mortgages supporting 1.2 million single-family home purchases nationwide, nearly half of which were for first-time homebuyers.

The Five Star Institute has joined forces with the National REO Brokers Association to dissect how to prepare for an increase in REO volumes, with topics ranging from streamlining operations to managing compliance and public perception.

Veterans United takes a closer look at how U.S. veterans feel about purchasing a house in the near future, and how eager they are to jump into the current marketplace. 

The FHFA released new Uniform Appraisal District Data for the first quarter, adding new data points such as lot-size categories, property condition, the presence of an accessory dwelling unit, and local racial demographics.

The share of mortgages originated by non-depository, independent mortgage companies decreased in 2022—but still accounted for 60.2% of first-lien, one- to four-family, site-built, owner-occupied home-purchase loans (down from 63.9% in 2021).

HR 3564 creates additional protections that prevent the imposition of new fee changes based on the DTI of borrowers and institutes a temporary, one-year freeze in the FHFA’s ability to enact new LLPA fee changes.