Housing Wire

MARCH 5, 2024

Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country. Department of Housing and Urban Development (HUD) and state and local housing finance agencies,” according to the announcement. There are three core provisions of the plan.

Insurance 446

Insurance Construction Government Design 446

Housing Wire

NOVEMBER 25, 2024

The Federal Housing Finance Agency (FHFA) on Monday unveiled its three-year plan for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to improve housing opportunities in underserved areas. Each GSE will be taking different actions to assess the potential impacts of these plans.

Development 419

Development Government Finance Design 419

Housing Wire

AUGUST 6, 2024

A policy designed for lenders to review and respond to borrower-initiated reconsideration of value (ROV) requests for appraisals — originally scheduled to be implemented between Aug. 29 and Sept. 2 — has been pushed back to Oct. The policy — announced in May by the U.S.

Reconsideration of Value 370

Reconsideration of Value Appraisal Design Valuation 370

Housing Wire

JANUARY 5, 2021

Conventional loans aren’t insured by the government but are backed by private lenders. That said, because conventional loans aren’t guaranteed by the government, they are usually harder to qualify for. For example: Typical down payments. What type of loan: Conventional loan. Lower down payments. What type of loan: FHA loan.

Insurance 546

Insurance Government Buyers Real Estate 546

Housing Wire

MAY 15, 2024

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. CHLA added in a statement that the release of these recommendations is designed to coincide with relevant news.

Modernization 356

Modernization Government Contracts Insurance 356

Housing Wire

APRIL 25, 2024

Department of Housing and Urban Development (HUD) on Thursday detailed a series of actions and initiatives it has undertaken to bolster climate resiliency while supporting green housing initiatives that stem from Inflation Reduction Act funding and recently announced plans to combat the effects of extreme heat.

Transportation 389

Transportation Design Investing Development 389

Housing Wire

FEBRUARY 5, 2024

These shifting dynamics are causing the California state government to work to ensure that certain issues that can stem from such a demographic development — particularly for health care, housing and social services — are addressed in a comprehensive statewide initiative called the “Master Plan for Aging.”

Government 370

Government Development Design Inventory 370

Housing Wire

SEPTEMBER 10, 2024

Department of Housing and Urban Development (HUD) this week established Difficult Development Areas (DDAs) and Qualified Census Tracts (QCTs) for the Low-Income Housing Tax Credit program in 2025. DDAs are areas with high construction , land and utility costs when compared to an area’s median gross income (AMGI).

Design 376

Design Development Construction Finance 376

Housing Wire

JUNE 1, 2023

Six federal agencies have requested comment from the public on a newly-proposed rule that is designed to “ensure the credibility and integrity of models used in real estate valuations.” And the design and development of the models and algorithms can reflect the biases and blind spots of the developers.”

Valuation 375

Valuation Design Law Real Estate 375

Housing Wire

NOVEMBER 6, 2023

Nearly 50 interviews from staff members in the federal government, financial technology companies, mortgage lenders and consumer advocates found that the ability of AI to improve racial equity can be undermined by the data used to train the algorithm, not just by the algorithm itself.

Government 352

Government Training Tools Design 352

Housing Wire

JANUARY 29, 2024

Department of Housing and Urban Development (HUD) announced on Monday that it will distribute $3.16 billion in homelessness aid to communities across the country through its Continuum of Care program, which is designed to provide housing assistance and/or support services to people experiencing homelessness.

Design 380

Design Government Development 380

Housing Wire

JANUARY 13, 2025

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are aiming to remind homeowners and renters impacted by the ongoing wildfires in Los Angeles of various relief options. Department of Housing and Urban Development (HUD).

Mortgage 379

Mortgage Legal Insurance Development 379

Housing Wire

DECEMBER 7, 2021

The Department of Housing and Urban Development (HUD) on Tuesday resolved uncertainty around special purpose credit programs, 45 years after Congress allowed lenders to tailor products to groups that have historically been excluded from homeownership. In a legal memo, HUD stated that SPCPs are allowed under the Fair Housing Act.

Lending 445

Lending Law Design Government 445

Housing Wire

JANUARY 8, 2021

1, he served as the assistant secretary of policy development and research for the U.S. Department of Housing and Urban Development and as the principal executive vice president of Ginnie Mae. USB drive developed from standards organizations. Before starting as president of MISMO on Dec. Telecommunication, same thing.

Development 479

Development Technology Mortgage Design 479

Housing Wire

JANUARY 22, 2024

Coggiola will be responsible for Polly’s product, implementation, support and design teams, working toward seamless cross-organization collaboration. He has more than 25 years of mortgage technology and enterprise software experience with his latest stint being chief product officer at Accela , a government tech provider.

Technology 358

Technology Mortgage Loan Officers Clients 358

Housing Wire

MARCH 29, 2024

Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, according to a notice published this week in the Federal Register.

Mortgage 367

Mortgage Tools Design Development 367

Housing Wire

SEPTEMBER 17, 2024

The federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans. Department of Housing and Urban Development (HUD) on Tuesday also will publish a new final rule in the Federal Register to expand accepted communication methods for counseling clients. The Department of U.S.

Advertising 424

Advertising Transportation Clients Design 424

Housing Wire

MAY 27, 2022

The CFPB, a government watchdog agency, said lenders aren’t absolved from adverse action notice requirements under the Equal Credit Opportunity Act if they use complex algorithms, which Rohit Chopra, the director of the CFPB, has dubbed “black-box models.”. The requirement also applies to mortgage lenders, legal experts say.

Law 445

Law Valuation Legal Government 445

Appraisal Buzz

JUNE 18, 2024

CBRE suggested strengthening existing mixed-use districts and encouraging development of non-office space in primarily office areas, such as adding apartments and upgrading existing office spaces. Dallas and Phoenix) Developing Destinations (e.g., Dallas and Phoenix) Developing Destinations (e.g., Boston and Washington, D.C.)

Government 332

Government Development Law Design 332

Housing Wire

DECEMBER 20, 2024

The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August , are largely unchanged from the initial draft.

Finance 421

Finance Law Design Government 421

Housing Wire

NOVEMBER 11, 2024

Ultimately, though, local governments remain the key gatekeepers when it comes to ADU liberalization. While state-level ADU policies take aim at local rules that hamper ADU development, there’s still work to be done. That’s because impact fees can add up to more than enough to stifle ADU development. But first, the good news.

Law 383

Law Development Transportation Property Taxes 383

Housing Wire

JULY 31, 2024

Roughly one month ago, Ginnie Mae released a term sheet for a highly anticipated new development for the reverse mortgage industry: a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as HMBS 2.0. Still a developed private-label structure has managed to withstand a lot of market distress, he said. “So,

Development 357

Development Design Mortgage Marketing 357

Housing Wire

MAY 26, 2022

A spokesperson from Department of Housing and Urban Development’s Office of Inspector General said that the loans funded were FHA-insured loans. She allegedly created phony prepaid debit card statements designed to serve as records of the borrowers withdrawing the monthly child support payments.

Loan Officers 435

Loan Officers Clients Design Insurance 435

Housing Wire

JUNE 28, 2024

After initially announcing the development of a new Home Equity Conversion Mortgage (HECM)-backed Securities ( HMBS ) program in January, government-owned company Ginnie Mae — which oversees the government’s mortgage-backed securities (MBS) portfolio — released a highly anticipated term sheet this week for what is being referred to as “HMBS 2.0.”

Development 354

Development Design Mortgage Government 354

Appraisal Buzz

JULY 11, 2024

Treasury as a Community Development Financial Institution (CDFI), a designation earned by approximately 100 banks nationwide. Sunrise Banks is also a member of the Global Alliance for Banking on Values and a certified B Corp for its demonstrated commitment to transparent corporate governance and positive community impact. “I

Design 396

Design Government Investors Technology 396

Housing Wire

NOVEMBER 21, 2022

MBA Convergence , “is driving collective action with lenders, other industry participants and government partners to facilitate new solutions to our nation’s rental and housing affordability challenges. CoreLogic is proud to sponsor Convergence and lead the development of a novel solution to this thorny supply challenge.

Design 353

Design Finance Government Business 353

Housing Wire

SEPTEMBER 13, 2024

Partial claims are designed to offer assistance to mortgage borrowers who have fallen behind on their monthly payments, allowing them to become current without impacting the terms of their original loan. The proposal would also extend the time frame for lenders to “record partial claim security instruments from 5 to 15 days,” FHA said.

Insurance 414

Insurance Design Agents Mortgage 414

Housing Wire

JULY 28, 2022

Treasury Department has issued new guidance empowering state, local and tribal governments to direct more of the funding appropriated under the American Rescue Plan Act of 2021 toward affordable-housing investments. billion for affordable-housing development and preservation. billion for affordable-housing development and preservation.

Government 352

Government Development Finance Investing 352

Housing Wire

JANUARY 5, 2022

A spokesperson for the Department of Housing and Urban Development said the agency takes the concerns raised in the letter very seriously. But the program can only be effective if lenders implement it, the letter notes, highlighting a challenge of designing government relief programs that rely on the private sector to carry them out.

Mortgage 493

Mortgage Insurance Design Government 493

Housing Wire

APRIL 12, 2022

To help the lowest-income families, who increasingly can’t find affordable housing in today’s market, federal, state, and local governments devote considerable resources to subsidize the development of affordable housing with below market rents. These bureaucratic barriers burden developers with direct and indirect costs.

Development 418

Development Finance Legal Fees Construction 418

Housing Wire

AUGUST 5, 2020

NAMB also developed a code of ethics, which was introduced to other states. The association broke down barriers with Freddie Mac, Fannie Mae and the Department of Housing and Urban Development and began testifying before Congress. They decided it was better to be part of the solution than to have one imposed on them.

Development 368

Development Government Lending Mortgage 368

Housing Wire

MAY 3, 2021

The Federal Housing Finance Agency (FHFA) finalized a rule on Monday that will require Fannie Mae and Freddie Mac to develop plans that would ensure upon their eventual exit from conservatorship, they won’t do any large scale harm to the financial system. government.

Government 390

Government Finance Development Design 390

Housing Wire

FEBRUARY 14, 2024

Pueblo County, Colorado, which encompasses an estimated population of about 170,000 people in and around the city of Pueblo, is sounding the alarm over potential fraud by creating a new alert system designed specifically to protect property owners. Department of Housing and Urban Development (HUD) Office of the Inspector General.

Law 362

Law Design Government Mortgage 362

Housing Wire

DECEMBER 14, 2023

The Federal Communications Commission (FCC) — the government regulatory body overseeing communications across a wide variety of media including radio, telephone cable and the internet — adopted a new series of rules on Wednesday designed to crack down on controversial lead generation methods, including “robocalling” and “robo-texting.”

Law 456

Law Design Insurance Government 456

Housing Wire

SEPTEMBER 5, 2024

in 2025, according to a quarterly survey of housing experts conducted by government-sponsored enterprise (GSE) Fannie Mae. home-price growth is predicted to finish this year at 4.7% before slowing to 3.1%

Construction 380

Construction Design Government Real Estate 380

Housing Wire

JANUARY 24, 2024

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced this week the release of their “Mission Index,” updating or expanding their single-family social bond framework to better communicate the goals of the index to stakeholders and investors. The GSEs issued separate announcements and a joint statement.

Investors 418

Investors Lending Finance Design 418

Housing Wire

APRIL 25, 2024

Older adults and people with disabilities are often prone to financial distress, and they may require more resources to better understand their circumstances and options, according to a new report from the Government Accountability Office (GAO). Among a series of 24 examples of federal financial literacy programs for these groups, the U.S.

Mortgage 332

Mortgage Government Law Design 332