Rep. Marcia Fudge, D-Ohio, appears before the Senate Banking Committee this morning for her confirmation hearing as HUD Secretary under the Biden Administration. Ahead of the hearing, the Mortgage Bankers Association sent a letter to the committee in support of her nomination.
Tag: HUD
HUD Announces New Leadership Appointees
Ahead of Thursday’s confirmation hearing for Rep. Marcia Fudge, D-Ohio, as HUD Secretary, HUD yesterday announced a slew of leadership appointments aimed at solidifying the Biden Administration’s footprint on the department.
Housing Starts Finish 2020 on Strong Note
Housing starts rose for the second straight month in December and finished the year at its strongest pace since 2006, HUD and the Census Bureau reported yesterday.
HUD Extends FHA Foreclosure/Eviction Moratorium through Mar. 31
HUD yesterday extended the moratorium on FHA single-family foreclosures and evictions through Mar. 31.
FHA to Permit DACA-Status Recipients to Apply for FHA-Insured Mortgages
HUD said this morning it will permit individuals classified under the “Deferred Action for Childhood Arrivals” program (DACA) with the U.S. Citizenship & Immigration Service and are legally permitted to work in the U.S. to apply for mortgages backed by FHA.
FHA to Permit DACA-Status Recipients to Apply for FHA-Insured Mortgages
HUD said yesterday it will permit individuals classified under the “Deferred Action for Childhood Arrivals” program (DACA) with the U.S. Citizenship & Immigration Service and are legally permitted to work in the U.S. to apply for mortgages backed by FHA.
MBA Chart of the Week: Monthly Housing Cost as Percentage of Income
This week’s MBA Chart of the Week uses AHS data to show the distribution of total monthly housing costs as a percentage of income. T
MBA Chart of the Week: Monthly Housing Cost as Percentage of Income
This week’s MBA Chart of the Week uses AHS data to show the distribution of total monthly housing costs as a percentage of income. T
Industry Briefs Dec. 23, 2020
The Federal Housing Administration announced completion of its revised and streamlined loan-level certification form required from lenders when originating a single-family mortgage intended for FHA insurance endorsement.
Dealmaker: Berkadia Secures $65M for Multifamily Construction
Berkadia secured $65M in construction financing for multifamily assets in South Carolina and Montana.