GSEs Reduce Upfront Fee for Commingled Securities; FHFA Updates GSEs’ Single-Family Pricing Framework
Fannie Mae and Freddie Mac announced a reduction in the upfront fee for commingled securities to 9.375 basis points, effective April 1; additionally, the Federal Housing Finance Agency announced updates to the government-sponsored enterprises' single-family pricing framework, effective May 1.
FHFA Increases Fannie Mae, Freddie Mac Multifamily Radon Standards
The Federal Housing Finance Agency announced enhancements to Fannie Mae and Freddie Mac’s multifamily radon standards. The Mortgage Bankers Association commended the announcement.
Housing Starts Finish 2022 at 6-Month Low
Housing starts ended 2022 down for the second straight month to their lowest level since last July, HUD and the Census Bureau reported Thursday.
HUD Proposes New Affirmatively Furthering Fair Housing Rule
HUD published a Notice of Proposed Rulemaking in the Federal Register to implement the Fair Housing Act’s affirmatively furthering fair housing mandate, which directs the government to promote fair housing choice, eliminate disparities in housing and foster inclusive communities. It replaces a previous policy discontinued by the Trump Administration.
Seasonal Cooling, Cost Strains Bring Housing Market Closer to Normal
Zillow, Seattle, said the housing market continued its return to earth in December as affordability challenges kept demand in check.