Due to a litany of factors, Fannie Mae cut their predictions for origination activity, total sales, and GDP for 2022 and 2023.
Read More »White House Issues Plan to Combat Housing Supply Limitations
The Housing Supply Action Plan, announced by the Biden-Harris Administration, hopes to ease costs by boosting the supply of quality housing in communities across the country.
Read More »Powell to Continue as Fed Chair
Jerome Powell has been confirmed by the U.S. Senate for a second term as Chairman of the Board of Governors of the Federal Reserve System for a term of four years, by a vote of 80-19 (one senator did not vote).
Read More »GSEs Commit to Assisting Borrowers in Their Native Language
New mandate allows for data collected by the GSEs to be used by lenders to facilitate communications with borrowers in their preferred language.
Read More »Biden Administration Reinforces Efforts to Reduce the Homeownership Gap
HUD has announced plans to prioritize its goal of advancing equity for all and addressing the need for affordable housing nationwide.
Read More »5 Reasons Home Equity Loans Are Coming Back
From pandemic pressures to supply chain challenges, Dan Bailey of WFG Lender Services discusses how homeowners are looking to access their homes’ equity.
Read More »New Biden Plan Seeks to Eliminate Bias in Home Lending and Appraisals
The Biden Administration has established the PAVE Task Force to tackle racial bias in the home lending and appraisal process.
Read More »The Week Ahead: Senate Examines the Appraisal Process
The Senate Banking Committee will take a deep dive into appraisal equity, and the implementation of programs and policies related to fair housing and economic opportunities.
Read More »New Residential Construction Statistics for February 2022 Are In
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts ...
Read More »Fed Raises Rates for First Time in Four Years
It has been 732 days since the Federal Reserve Open Market Committee (FOMC) cut interest rates in an emergency meeting in light of the then-blossoming COVID-19 pandemic. But all ...
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