Tag Archives: fha

Shutdown slowing FHA, VA approvals; USDA loans are on hold

By | | Uncategorized
Comments Off on Shutdown slowing FHA, VA approvals; USDA loans are on hold

The FHA’s Office of Single Family Housing and some of its mortgage insurance programs are “operational but with limited services,” HUD said in bulletin to lenders. Continue reading →

How the government shutdown is impacting real estate

By | | Uncategorized
Comments Off on How the government shutdown is impacting real estate

As the shutdown continues, the real estate industry will also increasingly feel the ripple effects. Housing data, mortgage rates, federally-backed home loans, flood insurance and the Washington, D.C., housing market are all already starting to feel the… Continue reading →

Here are the stories you missed amid the Compass coverage

By | | Uncategorized
Comments Off on Here are the stories you missed amid the Compass coverage

In case you were head down in the Compass merger news last week, we’ve put together a roundup of the market stats and how-tos you may have missed. Continue reading →

How a government shutdown would affect real estate agents

By | | Uncategorized
Comments Off on How a government shutdown would affect real estate agents

The National Flood Insurance Program, set to lapse on Sept. 30, and federal agencies critical to processing mortgage paperwork like HUD, FHA, VA, USDA and the IRS face staff reductions. Continue reading →

Gary Keller, Opendoor stock, one broker’s TikTok: Inman’s Top 5

By | | Uncategorized
Comments Off on Gary Keller, Opendoor stock, one broker’s TikTok: Inman’s Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading →

Sec. Scott Turner: HUD breaks down barriers to homeownership

By | | Uncategorized
Comments Off on Sec. Scott Turner: HUD breaks down barriers to homeownership

HUD Secretary Scott Turner shares how new policy rescissions simplify processes, reduce financing costs and strengthen the housing market, fostering a more effective FHA-insured lending process. Continue reading →

Trump administration relaxes FHA flood risk, appraisal requirements

By | | Uncategorized
Comments Off on Trump administration relaxes FHA flood risk, appraisal requirements

Recission of a dozen regulatory policies is aimed at “slashing red tape that drives up costs and shuts families out of the market,” HUD Secretary Scott Turner said. Continue reading →

Fed expected to resist pressure from Trump for July rate cut

By | | Uncategorized
Comments Off on Fed expected to resist pressure from Trump for July rate cut

As Fed policymakers await more data confirming that inflation has been tamed, futures markets put the odds of a September rate cut at 90 percent, up from 64 percent a week ago. Continue reading →

Move-up homebuyers drive surge in mortgage loan applications

By | | Uncategorized
Comments Off on Move-up homebuyers drive surge in mortgage loan applications

Purchase loan demand was up 11 percent last week, with “surprisingly strong” demand from conventional loan borrowers given lingering economic uncertainty, MBA economist Mike Fratantoni says. Continue reading →

Trump administration lifts FHA appraisal bias protections

By | | Uncategorized
Comments Off on Trump administration lifts FHA appraisal bias protections

Lenders no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a “reconsideration of value.” Continue reading →