The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported a solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title... Read more »
Developers in Los Angeles may get bonuses for building three- and -four-bedroom apartments. Los Angeles City Council President Paul Krekorian has filed a motion to create a new density bonus incentive to... Read more »
Homebuyers are forking over larger down payments to offset higher borrowing costs thanks to mortgage rates hitting multi-decade highs. On average, homebuyers put down 14.7% of the home’s purchase price for a... Read more »