MBA, Black Homeownership Collaborative Urge HUD to Reduce FHA Mortgage Insurance Premiums

The Mortgage Bankers Association and several trade associations representing the Black Homeownership Collaborative sent a letter to HUD Secretary Marcia Fudge this week urging the Department to make meaningful reductions to the annual Mortgage Insurance Premium and suspend life-of-loan requirements for borrowers with FHA-insured loans.

Industry Briefs Oct. 6, 2022: HUD Allocates $28M to Fight Housing Discrimination

HUD announced $28,625,000 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing education and outreach, testing and enforcement, through the Department’s Fair Housing Initiatives Program.

Industry Briefs July 1, 2022

Southwest Stage Funding LLC, dba Cascade Financial Services, a national provider of financing to buyers of manufactured homes, launch its Social Bond Framework, which furthers the company’s commitment to creating pathways for affordable housing.