Recent research shows how overly complicated funding can create administrative costs and other inefficiencies that work against the LIHTC’s goals of stretching subsidies to house more people.
Read More »HUD Makes Headway During New Administration’s First 100 Days
The department reports that, in 2021, it has delivered on urgent housing needs and set the stage for addressing longer-term challenges.
Read More »Fate of FHFA Lies With the Supreme Court
The U.S. Supreme Court last December took up the case of Collins v. Mnuchin, to determine whether the leadership structure of the Federal Housing Finance Agency (FHFA) violates ...
Read More »Leaders Discuss American Rescue Plan Funds for Housing
U.S. Department of Housing and Urban Development (HUD) announced a couple of weeks ago that it will allocate about $5 billion in American Rescue Plan funds to deliver near-term relief ...
Read More »How Increasing Diversity is Expected to Impact Homeownership
A group of researchers examined four states with very different racial compositions, forecasting a wide range of possible homeownership trajectories in the coming decades.
Read More »FHFA Announces What Might Be Final Loan-Flexibilities Extension
Due to fewer borrowers utilizing the agency’s COVID-19-related allowances, Wednesday’s extension, which keeps flexibilities in place through May, could be the last.
Read More »Government-Agency Leaders Discuss Their Roles in Mortgage Banking
HUD Secretary Marcia Fudge and FHFA Director Mark Calabria discuss affordability, equality, and the nation's COVID-19 response, among other issues.
Read More »FHA Updates Servicing Section of Its Single-Family Handbook
Federal Housing Administration (FHA) Monday announced updates to its Single Family Handbook, which it says will strengthen loss-mitigation approaches for struggling borrowers while streamlining servicer requirements. "The update to FHA's ...
Read More »CFPB: Lenders Must Prepare to Assist Struggling Borrowers
The Consumer Financial Protection Bureau (CFPB) Thursday issued a warning to servicers to prepare for an onslaught of distressed homeowners come summertime, or as moratoria expire. This is the ...
Read More »Fudge: FHA’s Mutual Mortgage Insurance Fund ‘Remains Resilient’
The program provides crucial access to credit and homeownership, said HUD Secretary Marcia Fudge in a statement this week.
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