The lack of housing supply continues to constrain home sales and mortgage originations.

A new paper by Harvard University’s Joint Center for Housing Studies has called for policymakers and mortgage lenders to play a larger role in removing barriers to homeownership for immigrants.

The privately-owned financial services company has been offering subprime auto ABS for decades.

HUD is seeking feedback on a plan to make permanent COVID-era flexibilities related to face-to-face meeting requirements between delinquent borrowers and mortgage servicers.

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

The House is seeking lower funding levels for HUD and a September deadline is fast approaching.

The uptick was more pronounced for FHA mortgages.

HUD noted that over the years many lenders have moved away from a model of local origination and servicing offices to more centralized operations.

Delinquencies on Ginnie Mae mortgage-backed securities increased during the second quarter of 2023, erasing most of the improvement seen in the previous quarter.

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.