FHFA gutting Fannie, Freddie minority homeownership programs
Flood of orders published without explanation on social media target programs and practices designed to boost lending in minority communities, protect borrowers from deceptive practices
by Matt Carter Mar 26
Name change, budget cuts at top of HUD secretary’s list
Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent
by Marian McPherson Feb 6
Airbnb launches new council to address US housing crisis
The Airbnb Housing Council will advise the home-sharing company on policies and initiatives it can support to combat housing affordability and inventory issues
by Ben Verde Jan 19
Real estate industry welcomes FHA premium cuts, with caveats
Premium cuts are expected to save borrowers $678M a year but don't apply to existing loans or release homeowners who have built up equity from 'life-of-loan' requirements
by Matt Carter Feb 23
Citi pledges to serve more minority homebuyers
The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods
by Matt Carter Apr 27