Slip in Home Prices May Provide Housing Market Relief
ATTOM has released its Q3 2022 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in Q3 of 2022 compared to historical averages in 99% [...]
Priscilla Almodovar to Serve as Fannie Mae CEO
A financial services veteran, Almodovar brings more than 30 years of finance, real estate, and community development expertise and a strong commitment to affordable housing. The post Priscilla Almodovar to [...]
CFPB Accused of Exceeding Statutory Authority
A group of seven banks and trade groups are taking legal action in the Eastern District of Texas, challenging the Bureau’s update to the Unfair, Deceptive, or Abusive Acts or [...]
Economist: 2023 Will Bring a ‘Significant Shift in Power’
“Those still able to afford homeownership are quickly regaining lost leverage, but this shift to a more balanced market is still in its early stages," said Nicole Bachaud, Senior Economist [...]
Markets Considered Overvalued Increasing as Mortgage Rates Rise
First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the July [...]
HUD Awards $5M for Repairing Low-Income Veteran’s Homes
The U.S. Department of Housing and Urban Development (HUD), in partnership with the U.S. Department of Veterans Affairs, today awarded $5 million in $1 million allotments to five non-profits in [...]
Pending Home Sales Numbers Continue Recent Slide
The Pending Home Sales Index (PHSI), which measures housing contract activity, again fell in August, the third month in a row and the ninth time it has fallen this year. In [...]
HUD Offers Assistance to Victims of Hurricane Fiona
In an effort to assist in the recovery after Hurricane Fiona made landfall, the Department has issued a new set of waivers offering regulatory and administrative relief to homeowners impacted [...]
Snapshot: How GSE Programs Have Helped Homeowners Since 2008
The Federal Housing Finance Agency (FHFA) has announced that its 2022 Foreclosure Prevention and Refinance Report found that Fannie Mae and Freddie Mac (the GSEs) successfully diverted 96,945 homeowners from [...]