FHFA’s RFI on tenant protections attracted 3,522 comments, the vast majority from tenants voicing support. Industry groups argued that the economics of rent control just don’t work.
The Mortgage Bankers Association and the Housing Policy Council have asked the VA to allow for a comment period before it finalizes a new veterans assistance servicing purchase program.
The Mortgage Bankers Association wants the Departments of Agriculture and Housing and Urban Development to consider the cost implications of their proposal on new energy standards for the construction of multifamily properties.
The delinquency rates on FHA and VA loans decline; USDA revises areas that no longer qualify as “rural” under its single-family housing program; FHA has released updates to its single-family housing policy handbook.
The new bill would reduce or eliminate processing delays, thereby encouraging more lenders to participate in trust land mortgage lending, according to the Mortgage Bankers Association.