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HUD Watchdog Finds More Than $4.3 Million in Improper Payments Across Three Major Housing Authorities

HUD Watchdog Finds More Than $4.3 Million in Improper Payments Across Three Major Housing Authorities

by John G. Stevens | Oct 5, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

Federal auditors identified more than $4.3 million in improper housing-assistance payments and significant eligibility-screening failures at three of the nation’s largest public housing authorities, according to a new series of audits from the U.S. Department of...
Rochester Opens $39 Million Affordable Housing Community With 70 Homes and Wellness Clinic

Rochester Opens $39 Million Affordable Housing Community With 70 Homes and Wellness Clinic

by John G. Stevens | Oct 5, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

A $39 million affordable and supportive housing development has opened in Rochester, New York, adding 70 apartments and a community wellness clinic on formerly vacant sites.True North Apartments includes two residential buildings at 536 Central Avenue and 141 Portland...
Maryland Awards $17.6 Million to Create or Preserve 555 Affordable Homes

Maryland Awards $17.6 Million to Create or Preserve 555 Affordable Homes

by John G. Stevens | Oct 5, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

Maryland is directing $17.6 million in state and federal housing resources to seven developments expected to create or preserve 555 affordable rental homes across seven counties and Baltimore City. The Maryland Department of Housing and Community Development said the...
Pennymac Deploys VantageScore 4.0 Across Consumer, Broker and Correspondent Channels

Pennymac Deploys VantageScore 4.0 Across Consumer, Broker and Correspondent Channels

by John G. Stevens | Oct 5, 2026 | Mortgage Information

Pennymac has completed deployment of VantageScore 4.0 across its consumer direct, broker direct and correspondent mortgage businesses, putting another major mortgage platform into production with the newer credit-scoring model. PennyMac Financial Services announced...
Fathom, Neighborhood Intelligence Terminate Merger After Valuation Review

Fathom, Neighborhood Intelligence Terminate Merger After Valuation Review

by John G. Stevens | Oct 5, 2026 | Current News & Events, Industry Updates

Fathom Holdings Inc. and Neighborhood Intelligence Inc. have called off their proposed merger, ending a transaction that had already been reworked once as the companies wrestled with changing valuations and the treatment of Neighborhood Intelligence’s digital...
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