Last week, the House Financial Services Committee once again considered down payment assistance legislation targeted toward first generation, first-time homebuyers. On Tuesday, MBA and the National Fair Housing Alliance announced a new online toolkit for mortgage lenders interested in developing Special Purpose Credit Programs.
May new home sales proved to be a solitary bright spot in a month of otherwise disappointing housing reports, rising by nearly 11 percent from April, HUD and the Census Bureau reported Friday.
JLL, Chicago, reported port markets are emerging as the best bet for industrial real estate investors to place capital due to their positive rental growth profile.
The national median mortgage payment was $1,897 in May, a slight increase from $1,889 in April and $572 higher than in May 2021, according to this week’s Purchase Applications Payment Index release.
MISMO®, the real estate finance industry standards organization, released its updated MISMO Engineering Guideline (MEG) 7, which establishes class words that enable consistency in naming and structure of data point names.