U.S. Housing Market
Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
The program provides grant funding for homebuyer downpayment assistance, housing development and rehabilitation, and legal assistance for property owners. Continue Reading Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
Willamette Valley Bank is a state-chartered community bank founded in 2000. Continue Reading Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
Disney Names Josh D’Amaro to Succeed Bob Iger as CEO
D’Amaro has served as chairman of the Disney Experiences segment since 2020. Continue Reading Disney Names Josh D’Amaro to Succeed Bob Iger as CEO
Median Luxury Home Sale Price Reaches $1.31 Million
While active listings of luxury homes for sale increased 5.6% year-over-year in December, that marked the slowest growth since April. Continue Reading Median Luxury Home Sale Price Reaches $1.31 Million
Oklahoma Gov. Stitt Calls for Freeze on Property Taxes
Stitt offered no details on how long his proposed freeze would stay in place or how the state would replace the revenue lost by a property tax freeze. Continue Reading Oklahoma Gov. Stitt Calls for Freeze on Property Taxes
Survey: 1 in 5 Americans Have Lived in a Storage Unit
The survey also found that 84% of Americans would consider sleeping in a storage unit if they became homeless. Continue Reading Survey: 1 in 5 Americans Have Lived in a Storage Unit
FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
“We continue to make meaningful investments to address the affordable housing crisis across Arizona, California, and Nevada,” said Joseph E. Amato, interim president and CEO of FHLBank San Francisco. Continue Reading FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
BMO Unveils Spanish-Language Mortgage Application
The application is available both digitally and in a paper format available at branches. Continue Reading BMO Unveils Spanish-Language Mortgage Application
HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
“Our hearts break as we witness the catastrophe unfolding in Texas,” said HUD Secretary Turner. Continue Reading HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
The FHFA director’s announcement on the use of VantageScore 4.0 might come with a few problems. Continue Reading A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
Asking Rents Down for Fourth Straight Month
On a month-over-month basis, asking rents rose 0.6%. Continue Reading Asking Rents Down for Fourth Straight Month
Mortgage Application Activity Up 9.4%
The Refinance Index increased 9% from the previous week and was 56% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 9.4%
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The FTC will send checks and PayPal payments to 960 affected consumers. Continue Reading FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
Capital One to Close Discover’s Home Equity Lending Business
The company said it “will continue to process applications that are in progress.” Continue Reading Capital One to Close Discover’s Home Equity Lending Business
Housing Inventory Expands, But Delistings Are Also on the Rise
Delistings are growing faster than active inventory at 31.5%. Continue Reading Housing Inventory Expands, But Delistings Are Also on the Rise
