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USDA Adds Six Lenders to Pilot Designed to Speed Rural Mortgage Closings

USDA Adds Six Lenders to Pilot Designed to Speed Rural Mortgage Closings

by John G. Stevens | Oct 27, 2026 | Industry Updates, Mortgage Information, U.S. Housing Market

The U.S. Department of Agriculture has selected six additional mortgage lenders for a pilot program designed to shorten the time needed to close qualifying USDA-backed rural home loans.USDA Rural Development announced the expansion October 22. The new lenders are...
Ginnie Mae Raises Rural Apartment Loan Pooling Limit to 80% Starting November 1

Ginnie Mae Raises Rural Apartment Loan Pooling Limit to 80% Starting November 1

by John G. Stevens | Oct 24, 2026 | Industry Updates, Mortgage Information, U.S. Housing Market

Ginnie Mae is expanding access to its mortgage-backed securities program for certain USDA-backed rural apartment loans, raising the maximum eligible loan-to-cost ratio from 70% to 80% for qualifying Section 538 multifamily mortgages.The federal housing-finance agency...
Hits and Misses for the Real Estate Week of Nov. 17-21

Hits and Misses for the Real Estate Week of Nov. 17-21

by Phil Hall | Nov 21, 2025 | Current News & Events, Hits and Misses, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. From the wild and wooly world of real estate, here are our Hits and Misses for the week...
The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model

The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model

by Phil Hall | Jan 6, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Appraisal Foundation has partnered with the Farm Credit System to create a Rural Appraisal Practicum Model, a new framework designed to address the challenges facing aspiring rural appraisers. According to the organizations, the initiative will create a...
GSEs Publish Underserved Markets Plans for Next 4 Years

GSEs Publish Underserved Markets Plans for Next 4 Years

by Phil Hall | Nov 26, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced that the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) has published plans to extend housing access in rural underserved markets, enhance their support for...
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