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FHFA Sets 2024 Multifamily Loan Purchase Caps at $70 Billion Per GSE
Mortgage Bankers Association President and CEO Bob Broeksmit welcomed the announcement. Continue Reading FHFA Sets 2024 Multifamily Loan Purchase Caps at $70 Billion Per GSE
FHA Increases Allowable Fees for Inspections of Vacant Single Family Homes
The inspections are used in a servicer’s preservation and protection of property. Continue Reading FHA Increases Allowable Fees for Inspections of Vacant Single Family Homes
Additional Reading: Top Mortgage Industry News & Headlines
MORTGAGE OPTIONS AND PROGRAMS FOR FIRST-TIME HOMEBUYERS
Source: RisMedia --- When you are about to enter the housing market for the first time, the money you are about to spend could be daunting. Many expenses are involved when buying a home, but you might find some payment assistance available. There are mortgage programs...
Zombie Foreclosures continue to increase across the nation
ATTOM, a curator of land, property, and real estate data, released its first-quarter 2023 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,284,048) residential properties in the United States sit vacant. That figure represents 1.3 percent, or...
New Home Pending Sales Dip 5.8% But the Spring Selling Season Signals Sales
Zonda, an advisor in the housing industry, released the New Home Market Update report for January 2023. So far, most builders report a stronger than expected start to the year. There are pockets of outperformance where some communities are exceeding sales seen...
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