Uncategorized

HUD plans overhaul of its manufactured housing program

The Department of Housing and Urban Development is weighing a number of changes to its manufactured housing program as it looks to it as a key solution to addressing the nation’s housing shortage quickly. Government officials, including the heads of Ginnie Mae and the Federal Housing Administration, outlined potential improvements under consideration, including updates to […]

HUD plans overhaul of its manufactured housing program Read More »

Researchers find ‘surprise’ in new mortgage delinquency data

Early- and mid-stage mortgage delinquencies saw the biggest yearly increases among all credit products, a development Vantagescore deemed a “surprise”, which “may be demonstrating early signs of borrower financial stress.” The share of mortgages 30-to-59 days behind on payments jumped to 1.03% in May from 0.92% during the same month a year earlier. Among all

Researchers find ‘surprise’ in new mortgage delinquency data Read More »