Insurance-in-force growth at the government-run Federal Housing Administration will continue to outpace its private counterparts going forward because of the current state of the housing market, a Keefe, Bruyette & Woods report said. Processing Content The market share (based on IIF) split between the two products has been narrowing since the third quarter of 2022. […]
FHA usage will continue to outgrow private MI in 2026 Read More »
Housing starts in the US fell in October to the lowest level since the onset of the pandemic as data delayed by last fall’s government shutdown showed builders continued to cut back amid still-high prices and mortgage rates. Processing Content New residential construction decreased 4.6% to an annual rate of 1.25 million homes in October,
US housing starts fall to lowest level since May 2020 Read More »
President Trump’s plan to restrict institutional investor purchases of single-family homes through bipartisan legislation to promote consumer access to affordable housing does match a past goal pursued by Democrats but has many practical challenges, industry professionals said Thursday. Processing Content “Trying to crack this nut of the affordability issues that we have in this country
How Trump’s institutional investor homebuying ban could impact loans Read More »