The Federal Housing Finance Agency called for the large government-sponsored enterprises it oversees to get more involved in chattel lending in a proposed revision of the Duty to Serve rule. Processing Content The FHFA notice of proposed rulemaking published in the Federal Register on Wednesday calls for replacing the current system of support for manufactured […]
FHFA looks to push chattel loans in Duty to Serve revision Read More »
The post-financial crisis narrative of a housing shortage is starting to unravel. Processing Content A combination of low immigration, limited population growth and aging boomers could lead to a flattening of housing demand in the next couple decades, according to a white paper published by the Mortgage Bankers Association. “Over the past several years, growth
Housing shortage may shift to oversupply long-term: study Read More »
Overnight on June 24, 2021, the Champlain Towers South building located in Surfside, Florida, partially collapsed, killing 98 people. Processing Content As a result, states enacted legislation to increase safety requirements around condominiums and the mortgage secondary market imposed tighter underwriting rules. Five years later, some say those rules have gone too far and are
Surfside collapse still squeezing condo mortgage access Read More »