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FHFA Identifies Seven Challenges for 2023

“OIG’s risk-based work will remain grounded in these areas, and our audits, evaluations, and other projects will continue to identify findings and make appropriate recommendations to FHFA to strengthen its work,” said Brian M. Tomney, Inspector General for the FHFA.

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Potential Buyers Increasing Down Payments to Secure Homes

New data from Redfin's latest market report showed that homebuyers’ down payments doubled during the pandemic, and despite September revealing a slight decline from their peak in June, competition and increasing home prices continue to make it difficult for prospective buyers to afford homes.

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