Redfin launches new homebuyer refund program

Redfin launches new homebuyer refund program

Redfin is back to offering refunds to homebuyers but this time under a new name. Launched on Thursday, the brokerage’s Sign & Save program provides buyers who sign up to work with... Read more »
FHLBank San Francisco Launches  Million Tribal Nations Program to Spur Affordable Housing Development for Native American Communities

FHLBank San Francisco Launches $1 Million Tribal Nations Program to Spur Affordable Housing Development for Native American Communities

SAN FRANCISCO, CA—The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced the launch of a new $1 million Tribal Nations Program that provides critically necessary infrastructure funding grants... Read more »
Laguna Beach, Calif. features its own city-supported aging-in-place program

Laguna Beach, Calif. features its own city-supported aging-in-place program

The city of Laguna Beach, Calif. recently offered details of its city-sponsored aging-in-place program, dubbed “Lifelong Laguna,” in a profile published by CNBC. It provides new insight into the measures cities can... Read more »
NAR’s Volunteering Works Program Announces Mentoring Recipients

NAR’s Volunteering Works Program Announces Mentoring Recipients

CHICAGO, IL—The National Association of Realtors and the Good Neighbor Society have announced recipients of the 15th annual Volunteering Works grants and mentoring program. The program matches real estate agents who work on small-scale charitable efforts... Read more »
New G-Rate program allows sellers to permanently buy down their buyer’s mortgage rate

New G-Rate program allows sellers to permanently buy down their buyer’s mortgage rate

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. Known... Read more »
Cherokee Nation engages in HUD housing program for skilled workers

Cherokee Nation engages in HUD housing program for skilled workers

A U.S. Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. The Cherokee Nation announced... Read more »
Cenlar FSB, BaseCap partner on new servicing compliance program

Cenlar FSB, BaseCap partner on new servicing compliance program

Cenlar FSB, the second-largest mortgage servicer and largest subservicer in the U.S., has partnered with financial services-focused data and analytics company BaseCap Analytics to pilot a new program designed to enhance regulatory... Read more »
FHA proposes changes to 203(k) program

FHA proposes changes to 203(k) program

Nine months after requesting input from the industry, the Federal Housing Administration (FHA) issued a proposal on Wednesday to enhance its rehabilitation program. The updates include increases in the maximum rehabilitation costs for the... Read more »
Freddie Mac to roll out fee-based repurchase pilot program in 2024

Freddie Mac to roll out fee-based repurchase pilot program in 2024

Freddie Mac will launch a new fee-based repurchase alternative pilot program for performing loans in 2024, designed to improve the quality of performing loans through a potential replacement of its current repurchase... Read more »
loanDepot’s new FHA down payment assistance program lets borrowers put zero down

loanDepot’s new FHA down payment assistance program lets borrowers put zero down

loanDepot has rolled out a new down payment assistance program for Federal Housing Administration (FHA) loan borrowers that enables them to put zero money down upfront. In loanDepot’s program, dubbed AccessZERO, the down payment... Read more »