The National Association of Realtors has announced the launch of a Federal Housing Administration Toolkit aimed at enabling Realtors to help buyers obtain safe and affordable FHA-backed mortgages. The toolkit includes a video on frequently asked questions and a flash-media presentation of FHA programs, as well as brochures, other reference guides, and links to useful resources. "FHA offers a safe alternative to many of the subprime and exotic loans that caused much of today's market turmoil, and the program is easier to use than ever before," said Pat V. Combs, immediate past president of the NAR. The association can be found on the Web at http://www.realtor.org.
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Higher mortgage rates and affordability pressure prompts Fitch Rating's revision from 'neutral' to 'deteriorating'
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A California appellate court reversed a lower court's dismissal of a lawsuit over CrossCountry's alleged 2021 raiding of a Seattle-area branch.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
June 15 -
Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
June 15 -
Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
June 15 -
But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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