Industry News
Coming Up:
HUD Pledges $12 Million To Boost Housing Affordability
Grant funding from HUD’s Self-Help Homeownership Opportunity Program (SHOP) enables eligible organizations to acquire land, enhance infrastructure, and build housing
Insurance Crisis Hits Lenders' Bottom Lines
While monthly principal, interest, and property tax obligations are up an average 15-17% since the beginning of 2020, the average monthly property insurance payment is up a staggering 52% over that same period.
Major Housing Agencies Return With Bold Changes At MBA Convention
Fannie, Freddie, and HUD revive key announcements, rolling out expanded appraisal waivers and transparency initiatives
Freddie Repurchase Pilot Opening To All
The GSE will expand its performing loan repurchase pilot to all lenders beginning in the first quarter of 2025.
Laura Escobar Named 2025 MBA Chair, New Board Members Slated
President of Lennar Mortgage, Laura Escobar, was sworn in yesterday, as were several new board members
Lending Environment Expected To Improve
MBA Chief Economist Mike Frantantoni predicted that loan volumes will end 2024 at $1.8 trillion and then jump to $2.3 trillion in 2025
Pilot Aims To Boost Borrowers With Student Debt
Campus Door is piloting the program along with LoanSense