MBA Congratulates President Joe Biden and Vice President Kamala Harris
Robert D. Broeksmit, CMB, President & CEO of the Mortgage Bankers Association, issued the following statement congratulating President Joe Biden and Vice President Kamala Harris on their historic inauguration.
FHA to Permit DACA-Status Recipients to Apply for FHA-Insured Mortgages
HUD said yesterday it will permit individuals classified under the “Deferred Action for Childhood Arrivals” program (DACA) with the U.S. Citizenship & Immigration Service and are legally permitted to work in the U.S. to apply for mortgages backed by FHA.
Kraninger Steps Down as CFPB Director
Consumer Financial Protection Bureau Director Kathy Kraninger announced her resignation yesterday effective immediately, paving the way for President Joe Biden’s nominee, Rohit Chopra, to take over the agency.
Builder Confidence Down on Rising Material Prices, Upsurge in COVID-19 Cases
The National Association of Home Builders said its Housing Market Index fell by three points in January, hamstrung by rising material costs led by a huge upsurge in lumber prices along with a resurgence of the coronavirus across much of the nation.
East Coast Housing Remains Vulnerable to Coronavirus Impact
Nearly a year after the onset of the coronavirus pandemic, housing markets in the Northeast and other parts of the East Coast remained most at risk during fourth quarter, said ATTOM Data Solutions, Irvine, Calif.
MISMO Seeks Participants for Two New Workgroups on RON Standards, OpenAPI Specifications
MISMO, the industry standards organization, seeks participants for two new workgroups.
