Mortgage Industry News
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
Bay Area Could See More Affordable Housing – If the Public Funds it
A new study suggests that the Bay Area could see nearly 33,000 new affordable housing units in the near future. The research, conducted by Enterprise Community Partners and the Bay Area Housing Finance Authority, found that 395 affordable housing developments are...
Redfin: Rent Prices See Smallest Increase in 20 Months
Increasing supply and waning demand are putting downward pressure on rental prices, according to a new report from Redfin. The median U.S. asking rent rose 2.4% year over year to $1,942 in January, the smallest increase since May 2021 and the lowest level in nearly a...
Title Company Recognized for Uncovering Real Estate Fraud
Kevin Tacher, CEO of Independence Title, was recognized by former Broward County Mayor Michael Udine and Broward County Property Appraiser Marty Kair at a recent Parkland Chamber of Commerce meeting for his outstanding work in uncovering major real estate fraud...
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