Tag Archives: U.S. Department of Housing and Urban Development

Chase settles with Black homeowner over alleged discriminatory appraisal

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The lender will pay the Chicago homeowner $50K and provide mandatory training to its employees on fair lending and appraisals. Continue reading →

Housing protections in the stimulus bill explained

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The 880-page bill signed into law by Trump on Friday includes credit protections, foreclosure moratoriums and forbearance on some mortgages. Continue reading →

New housing construction drop again in February

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Residential housing starts dropped 1.5 percent to a seasonally adjusted rate of 1,599,000 in February, according to a new sales report released Wednesday. Continue reading →

Housing construction falls in January — but new permits soar

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Residential housing starts fell 3.6 percent, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Continue reading →

Inman News quiz: Think you’re on top of the week’s biggest stories?

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The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week.
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Buying is more affordable than renting in 53% of the U.S.

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According to Attom Data Solutions’ latest Rental Affordability Report, buying is more affordable than renting for the average wage earner in the majority of U.S. markets, despite home-price growth outpacing wage growth. Continue reading →

Feds tweak regulations to lure banks back to FHA loans

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A decade after the Great Recession, the federal government wants to lure banks back into the Federal Housing Administration program that caters to first-time homebuyers, and this week announced regulatory changes meant to make that program more appealing. Continue reading →

Appraisal requirements axed on sales of $400K and under: Fed

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Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has changed. Continue reading →

‘Redemption month’: New home sales exploded in August

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Sales of new, single-family homes rose an astounding 18 percent year-over-year in August, according to the U.S. Census Bureau. Continue reading →

New-home sales dropped in July but rose year-over-year: Census

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The median sales prices of all new homes sold in July hovered at $312,800, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading →