Low-downpayment mortgages remain at the core of financing for first-time homebuyers, who continue to move away from FHA and VA programs to-ward conventional home loans.
Will the FHFA trim cash-out refis by Fannie Mae and Freddie Mac? For now, all is quiet on the topic. In other news: HUD ushered in new regulatory changes for FHA condo financing, making it easier for borrowers and lenders.
Kamala Harris, Elizabeth Warren, Julian Castro and Cory Booker — Democrats jockeying to be the 2020 presidential candidate — lay out comprehensive plans to reform the nation’s affordable-housing system.
HUD Secretary Ben Carson was in the hot seat in Congress this week as Democrats on the House Financial Services Committee questioned him on key issues including oversight.
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