Black Homeownership Collaborative also asks HUD to ditch a 'life of loan' requirement that forces homeowners to continue paying mortgage insurance premiums in perpetuity
Women and adults under 30 did see improvements to their credit scores in pioneering a randomized study of 5,854 prospective first-time homebuyers
New residential construction dipped in June, with building permits, housing starts and housing completions ticking down modestly, according to US Census Bureau data released Tuesday
Longer loans, including a 50-year concept recently floated in the UK, are sometimes framed as a way to improve housing affordability. But the experts aren't convinced
Housing starts clocked in at a seasonally adjusted rate of 1,549,000, a 14.4% decline from revised April levels, according to the US Census Bureau and Dept. of Housing and Urban Development
New home sales took a hit for the fourth-straight month in April as buyers grappled with the new reality of rising home prices and mortgage rates in excess of 5%, according to Census Bureau data
Shortly after the Biden administration announced its plan to end housing discrimination, HUD Secretary Marcia Fudge said the department is taking a more hardline approach to enforcement
Released Wednesday morning, the 5-point plan seeks to arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry and leverage data for policymaking
The ethics rule in question, which some regulators argue doesn't clearly state that housing discrimination against protected classes is illegal, was contested by 8 federal agencies
APIs are designed to help lenders discover bias in algorithms and take a second look at rejected applicants
Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800
Privately owned housing starts beat expectations in August while single-family starts declined by nearly 3%, according to data issued Tuesday by the US Census Bureau
HUD is not required to disclose flood risk to would-be homebuyers, most of whom didn't learn that the home was located in a flood zone until they were told by their lender
Biden administration to give owner occupants, nonprofits more opportunities to buy homes before they're snatched up by large investors
Report finds 7 federal agencies, including the US Department of Housing and Urban Development, have failed to protect Americans' personal and financial information