The housing recession is “essentially over,” according to Lawrence Yun, chief economist for the National Association of Realtors.

Plaintiffs’ attorney Hamish Hume said he’s optimistic shareholders can persuade a DC jury that FHFA and the Treasury violated shareholders’ contractual rights when they agreed to implement the net worth sweep in 2012.

NFHA submits comments on HUD’s proposed rule on protections for persons with disabilities; HUD’s Office of Housing Counseling to host virtual community conference.

Recipients of the Housing Assistance for Veterans grants can use the funds for downpayments or closing costs to help purchase a first home, the Federal Home Loan Bank of Dallas said.

The pilot programs involve allowing desktop appraisals and financing for renovations.

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.

There’s growing concern that time is growing short to reach a bipartisan, bicameral consensus on HUD spending.

FHA and the government-sponsored enterprises could do more to expand consumer access to mortgage credit if they collaborate, according to the Urban Institute’s Housing Finance Policy Center.

Redwood Trust believes banks will need to turn to new liquidity partners as regulatory pressure mounts.

Investing mortgagees, companies that can buy FHA loans but can’t originate them, would face somewhat tougher standards under the proposed changes.