A new federal policy allows you to finance for an ADU

A new federal policy allows you to finance for an ADU

In an effort to address the nation’s affordable housing crisis, the Federal Housing Administration announced a new policy Monday that will make it easier to buy or refinance a house with an... Read more »
Navy Federal Faces Lawsuits, Scrutiny Over Discriminatory Lending Allegations

Navy Federal Faces Lawsuits, Scrutiny Over Discriminatory Lending Allegations

The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together we’ll conquer today’s market challenges and prepare for... Read more »
Inglewood Transit Connector Set for B in Federal Funds

Inglewood Transit Connector Set for $1B in Federal Funds

The Inglewood Transit Connector (ITC) Project is set to receive $1,009,430,998 in federal funds, moving the project closer to full funding. The approval is the second-to-last step in the Federal Transit Administration’s project evaluation... Read more »
The Federal Reserve delivers lower rates for Christmas

The Federal Reserve delivers lower rates for Christmas

Mortgage rates and the 10-year yield What a crazy week! Not too long ago, on jobs Friday, I was on the HousingWire Daily podcast saying it’s time to declare war on the... Read more »
CFPB, OCC and Federal Reserve raise thresholds for TILA standards

CFPB, OCC and Federal Reserve raise thresholds for TILA standards

The Consumer Financial Protection Bureau (CFPB) on Monday announced its joint rulemaking with the Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) to determine new cutoff thresholds... Read more »
NAR releases flood disclosure tracker as federal shutdown looms again

NAR releases flood disclosure tracker as federal shutdown looms again

The National Association of Realtors (NAR) on Wednesday unveiled its state flood disclosure tracker tool, aiming to offer clarity and access to survey existing state disclosure requirements for flood insurance. Working in... Read more »
CFPB, OCC and Federal Reserve raise thresholds for TILA standards

CFPB report finds state community reinvestment laws can go beyond federal version

The Consumer Financial Protection Bureau (CFPB) this week published a report analyzing state-level community reinvestment laws and ways they promote reinvestment activities for entities including mortgage companies. The 32-page report features details... Read more »
White House, federal agencies urge more commercial-to-residential property conversions

White House, federal agencies urge more commercial-to-residential property conversions

The White House and the U.S. Department of Housing and Urban Development (HUD) announced today the launch of a new inter-agency initiative to encourage more property conversions of commercial buildings into residential... Read more »
Federal Reserve To Extend Interest-Rate Pause: Jerome Powell

Federal Reserve To Extend Interest-Rate Pause: Jerome Powell

The Federal Reserve, led by Chair Jerome Powell, has sent a clear signal that they could maintain current interest rates at the upcoming policy meeting. The pause in hikes of interest rates... Read more »