Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit took the Biden administration to task for housing policies that he considered unwise and onerous. In remarks delivered today before the MBA’s 2024 Commercial/Multifamily Convention and Expo,...
A Phil Hall Op-Ed: It’s a shame that Time Magazine tapped Taylor Swift as its Person of the Year last week, because the U.S. Department of Housing and Urban Development (HUD) has its own candidate for accomplishing amazing things during 2023. The department’s PR team...
The Federal Housing Administration (FHA) is seeking industry feedback on its proposed changes to its 203(k) Rehabilitation Mortgage Insurance Program. The 203(k) program is designed to help borrowers purchase a home or refinance an existing mortgage and include the...
A new office building in Chicago, good news on FHA’s MMI Fund and Nevada teachers fighting against public funding of a baseball stadium. From the wild and wooly world of real estate, here are the hits and misses for the real estate week of Nov. 13-17. Hit: A New...
The Federal Housing Administration (FHA) has increased the allowable property inspection fee limits for property inspections of single-family homes associated with defaulted FHA-insured mortgages. The inspections are used in a servicer’s preservation and protection of...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
