HUD: Aid Offered to Florida Disaster Victims
Today, the U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the State of Florida and ordered federal aid to supplement state, tribal, and local recovery efforts in the areas affected by Hurricane Milton beginning October 5, 2024 and continuing. President Biden issued a major disaster declaration for the state…
Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-Priced Mortgage Loans
The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency today announced that the 2025 threshold for higher-priced mortgage loans that are subject to special appraisal requirements will increase from $32,400 to $33,500. The threshold amount will be effective January 1, 2025, and is based on the…
HUD: Aid Offered to Georgia Disaster Victims
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Georgia and ordered federal aid to supplement State and local recovery efforts in the areas affected by Hurricane Helene beginning on September 24, 2024, and continuing. President Biden issued a major disaster declaration in the State…
HUD: Aid Offered to South Carolina Disaster Victims
Federal aid supports counties of Aiken, Anderson, Bamberg, Barnwell, Cherokee, Greenville, Greenwood, Lexington, Newberry, Oconee, Pickens, Saluda, and Spartanburg. The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of South Carolina and ordered federal aid to supplement State, tribal, and local recovery efforts in…
HUD: Aid Offered to Florida Disaster Victims
Federal aid supports counties of Charlotte, Citrus, Dixie, Franklin, Hernando, Hillsborough, Jefferson, Lafayette, Lee, Levy, Madison, Manatee, Pasco, Pinellas, Sarasota, Taylor, and Wakulla. The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Florida and ordered federal aid to supplement State, tribal, and local…
HUD: Aid Offered to North Carolina Disaster Victims
Federal aid supports affected individuals in Alexander, Alleghany, Ashe, Avery, Buncombe, Burke, Caldwell, Catawba, Clay, Cleveland, Gaston, Haywood, Henderson, Jackson, Lincoln, Macon, Madison, McDowell, Mitchell, Polk, Rutherford, Transylvania, Watauga, Wilkes, and Yancey Counties and the Eastern Band of Cherokee Indians The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal…
HUD: Ginnie Mae and HUD to Host Summit on Mortgage Market Resilience and Access to Credit
The October 15 Summit will bring together leaders across sectors to discuss the critical role of independent mortgage banks in housing finance. Today, the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae announced plans to host a summit to explore the impact of mortgage market liquidity on Americans’ access to affordable home…
HUD: Aid Offered to Vermont Disaster Victims
Federal aid supports counties of Caledonia, Essex, and Orleans The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Vermont and ordered federal aid to supplement state and local recovery efforts in the areas affected by the severe storms, flooding, landslides, and mudslides from…
FHFA: NMDB Residential Mortgage Dashboard Released
Agency unveils online tool that shows loan performance of residential mortgages at the national and state levels and for the 100 largest metropolitan areas The Federal Housing Finance Agency (FHFA) updated the National Mortgage Database (NMDB®) Aggregate Statistics series to include new quarterly data on the loan performance of residential mortgages through the second quarter…
FHFA: Second Quarter 2024 Foreclosure Prevention and Refinance Report Released
More than 7 million troubled homeowners helped during conservatorships The Federal Housing Finance Agency (FHFA) today released its second quarter 2024 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 46,378 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped…