The Community Home Lenders of America (CHLA) released a statement lauding the approval.
Tagged: U.S. Department of Housing & Urban Development (HUD)
The Down Payment Resource Q2 2024 Homeownership Program Index Report says that there are 2,415 programs currently being tracked.
Comments being accepted through Sept. 16.
HUD announced its charge of multiple entities on Monday, citing a biased appraisal and a denied refinance loan application in Denver.
Changes include increase to allowable loan amount, rehabilitation time
New home sales drop 11.3% below April's revised rate
First four months of 2024 see 25.3% increase over 2023
Census reports 4.7% decline in new home sales from March to April
The growth coincides with roughly a quarter of builders saying they cut prices last month.
With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.