An unlikely speaker at a real estate conference, an unlikely subject for a new museum and unlikely behavior by a mortgage industry CEO. From the wild and wooly world of real estate, here are our Hits and Misses for the Week of March 31-April 4. Miss: A Blunder Down...
A slowing of refinance activity drove down the level of mortgage applications for the week ending March 28, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.6%...
The Government Accountability Office (GAO) has agreed to a request by Senate Democrats led by Sen. Elizabeth Warren (D-MA) to investigate cuts to the Department of Housing and Urban Development’s (HUD) fair housing program workforce. “I am pleased to announce that the...
Housing and Urban Development (HUD) Secretary Scott Turner announced residency requirements for Federal Housing Administration (FHA)-insured mortgages were changed to eliminate the “non-permanent residents” category from the Title I and Title II programs. In a...
A district court judge has issued a temporary injunction preventing the US Department of Housing and Urban Development (HUD) from terminating 78 Fair Housing Initiative Program (FHIP) grants for nonprofit organizations contracting to investigate housing...