MBA’s President and CEO Bob Broeksmit, CMB, provides a video message on the latest on trigger leads and HUD’s lending programs.
Tag: HUD
MBA Asks HUD to Update FHA Multifamily Accelerated Processing Program
MBA sent the Department of Housing and Urban Development a letter urging the agency to consider some recommended updates to its FHA Multifamily Accelerated Processing program to lower housing costs and boost housing supply.
HUD Secretary Scott Turner: The Status Quo Is Not Good Enough
WASHINGTON–Department of Housing and Urban Development Secretary Scott Turner outlined some of his philosophy regarding his new role during the Mortgage Bankers Association’s National Advocacy Conference April 8.
Census Bureau, HUD: February New Single-Family Home Sales Up
Sales of new single-family homes were at a seasonally adjusted annual rate of 676,000, according to estimates released jointly March 25 by the U.S. Census Bureau and the Department of Housing and Urban Development.
MBA Statement on the Nomination of Andrew Hughes as HUD Deputy Secretary
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on Andrew Hughes’ nomination to serve as Deputy Secretary at the Department of Housing and Urban Development (HUD).
Debunking Myths About Manufactured Housing
Built efficiently in off-site facilities and regulated by federal construction standards that supersede state and local codes, modern manufactured homes are cost-effective, energy efficient and quicker to build than traditional site-built housing.
New-Home Sales Drop in January, Census Bureau, HUD Report
New single-family homes in January sold at a seasonally adjusted annual rate of 657,000, according to estimates released Feb. 26 by the U.S. Census Bureau and Department of Housing and Urban Development.
New-Home Sales Rise in December
Sales of new single-family homes in December hit a seasonally adjusted annual rate of 698,000, the U.S. Census Bureau and Department of Housing and Urban Development reported jointly.
MBA Applauds HUD Move on Multifamily Underwriting Enhancements
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on HUD’s announcement of changes to the minimum debt service coverage ratio (DSCR) and maximum loan-to-cost percentage (LTC) levels for FHA multifamily loans.
HUD Announces 2025 Loan Limits
The Federal Housing Administration on Tuesday announced new loan limits for calendar year 2025 for its Single-Family Title II forward and Home Equity Conversion Mortgage insurance programs.