SAN DIEGO—Few people have had more impact off the bat than HUD Secretary Marcia Fudge and Federal Housing Finance Agency Acting Director Sandra Thompson.
Tag: HUD
HUD, FHFA Heads Zero in On Housing Affordability, Appraisals
SAN DIEGO—Few people have had more impact off the bat than HUD Secretary Marcia Fudge and Federal Housing Finance Agency Acting Director Sandra Thompson.
Industry Briefs Oct. 13, 2021: Ginnie Mae Reports Record Fiscal Year MBS Issuance
Ginnie Mae, Washington, D.C., reported mortgage-backed securities issuance volume for fiscal year 2021 grew to a record $939 billion, with issuance for September coming in at $73 billion.
Industry Briefs Oct. 8, 2021: Homebuyers’ Average Monthly Mortgage Payment Jumps
Redfin, Seattle, said the average homebuyer’s monthly mortgage payment rose $50 over the past six weeks. At the same time, sellers’ median asking price increased 12% year over year to a record high.
Housing Market Roundup Oct. 7, 2021
Here’s a summary of current housing market reports that came across the MBA NewsLink desk:
People in the News Sept. 28, 2021
CBRE, Dallas, appointed Rachel Vinson as Global Chief Operating Officer for Capital Markets. She lead the operations of CBRE’s global Capital Markets business, consisting of Property Sales, Debt & Structured Finance and Capital Advisors—the firm’s investment banking division.
August New Home Sales Pick Up the Pace
New home sales rose in August for the second straight month and at the fastest pace since April, HUD and the Census Bureau reported Friday.
Industry Briefs Sept. 24, 2021: CFPB Says Renters at Risk as COVID Safety Net Ends
The Consumer Financial Protection Bureau released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.
Housing Starts Post Solid August Increase
Home builders liked what they saw in August—HUD and the Census Bureau said August housing starts rose by nearly 4 percent from July, almost entirely by multifamily activity, and by more than 17 percent from a year ago.
HUD: Without New Housing Supply, Cost Burdens to Increase
HUD this week released its latest research on innovative strategies being pursued by state and local governments to remove regulatory barriers to affordable housing and increase housing supply, while cautioning that without “significant” news housing, cost burdens are likely to increase.