NAR, along with the Independent Community Bankers of America and Community Home Lenders of America, have issued a joint proposal to the FHFA, the White House, the Treasury Department, and the Federal Reserve Board, designed to help ease mortgage affordability. Here’s what they propose.
Read More »Fannie Mae: Affordable Housing Impact Since Re-Entering LIHTC Market
From 2018-2022, the GSE has invested more than $3 billion to expand affordable housing supply and meet critical housing needs in underserved communities through Low-Income Housing Tax Credit equity investments. Here’s how those investments are paying off.
Read More »Mortgage Tech Vet Stephanie Durflinger Joins Dark Matter Technologies
Former ICE, Sagent, and Ellie Mae executive joins mortgage tech provider to spearhead product development of the company’s Empower software and digital products.
Read More »FHA Amends Policy on Accessory Dwelling Units
The new ADU policy will expand financing options for borrowers to bolster the supply of affordable housing and assist families in creating generational wealth.
Read More »HUD Awards $60 Million to Address Youth Homelessness Nationwide
The Department issues federal funds to support efforts community-driven efforts nationwide to end youth homelessness, and improve outcomes through secure, stable, and supportive housing.
Read More »The Bank of Mom and Dad Growing in Popularity for Down Payments
Saving for a standard 20% down payment can take years, but many homebuyers today are turning to family members to expedite the process.
Read More »Mortgage Rates Rise for Fifth Consecutive Week
Freddie Mac reports the 30-year fixed-rate mortgage rose to an average of 7.57% this week, as purchase demand remains at a three-decade low.
Read More »Former Federal Home Loan Bank of Chicago Exec Launches National Correspondent Lender
Bringing 30 years of industry experience to his new role, Stephen Thomas has launched minority-owned, national correspondent lender FutureWave Finance to expand homeownership nationwide.
Read More »Getting to Know the Millennial Homebuyer
Millennials remain a powerful force in the homebuying arena, and new research from Kristy Folino of ServiceLink offers insights into their priorities, behaviors and intentions for the coming year.
Read More »Dark Matter Technologies Adds Michael Housch as Chief Risk and Information Security Officer
Newly branded mortgage tech provider names 25-year industry vet to oversee Dark Matter Technologies’ cloud architecture, incident response, governance, and regulatory audit oversight, as well as compliance and strategic risks at the enterprise level.
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