The Week Ahead: Two Top HUD Nominees to Face Senate Banking Panel
The Senate Banking Committee will conduct a Nomination Hearing on two key roles with HUD, as Solomon Jeffrey Greene and David Uejio take the stand before the Committee. Source: DS [...]
FHFA Announces Final Rule to Serve Underserved Markets Regulation
“The implementation of this rule strengthens our commitment to promoting affordable, equitable, and sustainable housing in underserved and rural communities,” said FHFA Director Sandra L. Thompson. Source: DS News
Low-Income Homebuyers May Be Unaware of Affordable Home Lending Offerings
A new KeyBank poll found that nearly 31% of respondents did not seek out any information or resources on homebuyer assistance programs and could be unaware of the existence of [...]
Vacant Homes Push Up Prices of Available Housing
The 16 million vacant homes in the country aren’t just sitting there—a new study found they actively drive up nearby real estate prices and keep potential first-time buyers from entering [...]
Ohio Court Case Tests Foreclosure Deadlines
Attorney William Scott Leaman discusses a recent foreclosure case in Ohio where the plaintiff’s motion for reimbursement was denied due to a lapse in time. Source: DS News
Homebuyers Can Save Thousands Building a Home Rather Than Buying
In California, over $200,000 can be saved on average when building a house instead of buying one, while Midwest states are the most cost-effective for buying a home, according to [...]
Homeowners Increasingly Worried About Economic Conditions
More and more homeowners are worried about making their mortgage payments as economic uncertainty—namely inflation—continues to swirl around the country according to a new study from Brace. Source: DS News
$202 Billion of Property Impacted by Severe Spring Storms
About 600,000 homes were damaged in the April 4 severe weather outbreak that stretched from the Great Lakes to the Gulf of Mexico. Source: DS News
HUD Issues $98 Million in Grants to Redevelop Distressed Properties
The Department’s Choice Neighborhoods Implementation Grants will assist in the redevelopment of severely distressed HUD-assisted properties into mixed-income communities nationwide. Source: DS News