Archives For: Industry Updates
FHFA Issues Notice of Proposed Rulemaking on Fair Lending Oversight
FHFA has announced that it is seeking comment on a proposed rule that would formalize many of the Agency’s existing practices regarding fair housing and fair lending oversight.
19 Apr 2023
City of Houston Announces Demolition Initiative
The city of Houston has started a new initiative that aims to demolish buildings that pose a threat to public safety.
19 Apr 2023
Homes MKE: Milwaukee Initiative to Renovate City-owned Properties
The city of Milwaukee has formally kicked off the MKE Initiative, aimed at renovating 150 vacant, distressed homes owned by the city into affordable housing.
19 Apr 2023
Share of Mortgage Loans in Forbearance Decreases to .55% in March
The MBA monthly Loan Monitoring Survey revealed that the total number of loans in forbearance has decreased to .55%, down from .6% the previous month.
17 Apr 2023
FHA Seeks Feedback on Proposed Changes to Increase Access to Affordable Financing for Properties with Accessory Dwelling Units
FHA is working to update its requirements for insuring mortgages on single family homes with Accessory Dwelling Units to allow for more borrowers to qualify for financing.
13 Apr 2023
Cass County Blight Elimination Program to Demolish Eight Structures in First Round of Funding
The Cass County Land Bank Authority will use funds awarded by the passing of House Bill 5783 to fund the Blight Elimination Program, beginning with the restoration of 8 blighted properties.
13 Apr 2023
County Land Bank has Decade Worth of Success
Over a 10 year period, the Chautauqua County Land Bank has been able to successfully facilitate 118 properties and complete 172 demolitions.
12 Apr 2023
HUD Awards $98 Million in Choice Neighborhoods Implementation Grants and Opens New $10 Million Funding Opportunity for Local Planning Efforts
HUD Secretary Marcia Fudge has announced “Supplemental Grant” awards for Choice Neighborhoods Implementation Grantees totaling over $98 million.
11 Apr 2023
FHFA Announces Updated Equitable Housing Finance Plans for Fannie Mae and Freddie Mac
FHFA announced updates to Fannie Mae and Freddie Mac’s Equitable Housing Finance Plans for 2023.
5 Apr 2023
Topeka Introduces Land Bank Program to Repurpose Properties for Affordable Housing
Topeka city leaders are considering a new proposal to transform many of the city’s vacant and blighted properties into affordable housing.
5 Apr 2023