The FHA has removed a valuation roadblock to increase the availability and affordability of manufactured housing as part of the Biden Administration’s Housing Supply Action Plan. Here’s how that could impact the industry.
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FHFA Director Sandra L. Thompson has issued a new statement addressing recent misconceptions about mortgage pricing. Click through to read her comments on the issue.
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In November, the Federal Housing Finance Agency announced its annual change to the conforming loan limit for loans purchased by Fannie Mae and Freddie Mac (GSEs). For 2022, it was announced that the limit increased by 18% to $647,200, ...
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In response to mounting concerns about aging condos after the Champlain Towers South collapse in Surfside, Florida, Fannie Mae has instituted new rules about deferred maintenance before they will take on the loan.
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A coalition has been created opposing the current DTS proposals, saying they aren’t in the spirit of why they were created and do not do enough to reach underserved markets.
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A new Freddie Mac study has found that appraisal gaps exist among minorities in the nation’s top 30 metro areas.
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