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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...
USDA and HUD Sign Agreement to Streamline Federal Housing Programs

USDA and HUD Sign Agreement to Streamline Federal Housing Programs

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

The U.S. Department of Agriculture and Department of Housing and Urban Development have signed a memorandum of understanding aimed at reducing overlapping federal requirements affecting housing development and homeownership.The agreement, announced Sept. 29,...
A Phil Hall Op-Ed: Biden Remembers the Housing Market

A Phil Hall Op-Ed: Biden Remembers the Housing Market

by Phil Hall | Oct 16, 2023 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Earlier this morning, the Biden administration issued a lengthy statement under the heading “White House Announces New Actions on Homeownership.” This was something peculiar, considering the White House has barely issued any actions on homeownership...
CBC Mortgage Agency Adds USDA Loans to Correspondent Offerings

CBC Mortgage Agency Adds USDA Loans to Correspondent Offerings

by Phil Hall | Aug 1, 2023 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

CBC Mortgage Agency, a Native American-owned nationally chartered housing finance agency headquartered in Cedar City, Utah, was approved by the U.S. Department of Agriculture (USDA) to provide 30-year mortgage loans for borrowers outside of urban and suburban areas....

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