The Fannie/Freddie regulator indicated it will review the impact of the ERCF on the UMBS market, but for now won’t delay implementation of the new fee.
House committee marks up first-generation DPA bill; MBA asks FHA to clarify claims without conveyance of title program; FHA to host underwriting training webinar; Ginnie opens up digital collateral program; Ginnie extends temporary COVID-19 relief policies; HUD to host webinar on disaster recovery.
Renters are finding it more challenging to become homeowners as increasing rents eat into downpayment funds and rising interest rates push homes further out of reach.
The first Black woman to serve as head of the Federal Housing Finance Agency squeaked through the confirmation with just one Republican vote, Sen. Mike Rounds of South Dakota.