Renters and Homeowners Consider their Options Given Low Mortgage Rates
- An unprecedented number of renters (84%) believe renting is more affordable than owning, an all-time high for the survey and up 17 percentage points from February
The delinquency rate for mortgage loans on one-to-four unit residential properties decreased to a seasonally adjusted rate of 3.77 percent of all loans outstanding at the end of the fourth quarter of 2019, according to the Mortgage Bankers Association’s (MBA)
WASHINGTON – President Trump today announced the release of the Administration’s Fiscal Year 2021 budget, “A Budget for America’s Future.” The FY21 budget seeks to provide the Department of Housing
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded more than $51 million in housing assistance to non-profit organizations across the country to finance more affordable housing construction, provide rental assistance, and facilitate supportive services delivery
Ginnie Mae executives are scheduled to deliver presentations next week at the Mortgage Banker’s Association’s (MBA) Independent Mortgage Bankers conference updating the mortgage industry on the agency’s potential role in housing finance reform and its approach to counterparty risk management.
Freddie Mac (OTCQB: FMCC) announced today that it issued its Monthly Volume Summary for December 2019, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.
Freddie Mac makes
The Securities and Exchange Commission today charged a California-based couple with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits.
According to the SEC’s complaint, Jeffrey and Paulette Carpoff raised approximately $910 million from 17 investors between 2011 and 2018
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced that the Department will lead a bus tour across the
When speaking at the 2020 National Association of Home Builders International Builders’ Show, U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced the National Association of Home Builders (NAHB) will co-host the “Innovative Housing Showcase” in Washington,