HUD seeks public comment on updates to reverse mortgage documents

HUD seeks public comment on updates to reverse mortgage documents

The U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home... Read more »
HHS updates federal policies to support aging in place

HHS updates federal policies to support aging in place

The Administration for Community Living (ACL), a division of the U.S. Department of Health and Human Services (HHS), announced this week the publication of a final rule that will update regulations for... Read more »
HHS updates federal policies to support aging in place

Fannie Mae updates HomeReady, provides temporary $2,500 credit

Fannie Mae has announced updates to its HomeReady product, including a temporary $2,500 credit for very low-income purchase borrowers to use for down payment and closing costs.  Another step the government-sponsored enterprise took... Read more »
Skanska Updates Purple Office Tower Plan in Arts District

Skanska Updates Purple Office Tower Plan in Arts District

Skanska USA has unveiled new details about its purple office tower proposed in the Arts District of Downtown Los Angeles, among the city’s first office buildings designed for net zero carbon. The... Read more »
FHA updates appraisal requirements on GSE-certified manufactured homes

FHA updates appraisal requirements on GSE-certified manufactured homes

The Federal Housing Administration (FHA) announced this week that it has implemented updated appraisal requirements for the valuation of manufactured homes certified under Fannie Mae’s MH Advantage and Freddie Mac’s CHOICEHome programs.... Read more »