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Pennsylvania Homeowner Assistance Fund to Reopen

Pennsylvania Homeowner Assistance Fund to Reopen

by Phil Hall | Mar 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Pennsylvania Housing Finance Agency (PHFA) announced the Pennsylvania Homeowner Assistance Fund (PAHAF) will reopen on March 18 to homeowners struggling as a result of pandemic-related financial hardships. The PAHAF provides financial assistance to eligible...
Inflation Up in February – How Will That Impact Fed Rate Cuts?

Inflation Up in February – How Will That Impact Fed Rate Cuts?

by Phil Hall | Mar 12, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An underlying measure of inflation was stronger than expected last month, introducing greater uncertainty over when the Federal Reserve will lower interest rates. The U.S. Department of Labor Department’s Consumer Price Index (CPI) reported prices rose last month by...
A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?

A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?

by Phil Hall | Mar 11, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Housing affordability – or, perhaps more accurately, the lack thereof – has quietly become a major issue in this year’s presidential election. I am using the word “quietly” because for too long the subject has not been talked about by the White...
HUD Secretary Marcia Fudge to Step Down

HUD Secretary Marcia Fudge to Step Down

by Phil Hall | Mar 11, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Secretary of Housing and Urban Development Marcia Fudge is resigning, effective March 22. Fudge represented Ohio’s 11th Congressional District from November 2008 until her confirmation at HUD secretary in March 2021. In a statement, President Biden praised Fudge,...
MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs

MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs

by Phil Hall | Mar 11, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The head of the Mortgage Bankers Association (MBA) has criticized the Consumer Financial Protection Bureau (CFPB) of being both “politically motivated” and ignorant regarding the closing costs process in homebuying. On Friday, the CFPB published a blog...
New Fund Focuses on Discounted Arizona Multifamily Properties

New Fund Focuses on Discounted Arizona Multifamily Properties

by Phil Hall | Mar 11, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate crowdfunding firm Neighborhood Ventures has launched the Arizona Multifamily Opportunistic Fund, which is designed offer investments in Arizona multifamily commercial properties that Neighborhood Ventures estimates are selling at a distressed rate of...
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