Adjustment for rising home prices increases FHA ceiling in high-cost markets like New York, San Francisco and Washington, D.C., and raises the floor in low-cost markets to $524,225
Mortgage giants will be allowed to back loans of up to $1.2M in high-cost markets, providing ammo to critics who say goverment backing for mortgages adds to affordability woes
Ahead of a final Nov. 26 approval hearing on NAR's proposed class-action settlement, DOJ lawyers narrowed in on a provision requiring written agreements between buyers and agents before tours
As a Project 2025 author, Carson advocated raising FHA premiums and for a 'reset' of HUD to reverse 'corrosive progressive ideologies across the department’s programs'
Title insurers have waged a protracted PR and lobbying campaign opposing the pilot program and other title insurance alternatives endorsed by the Biden administration and consumer groups
Private mortgage insurers are hoping to head off a repeat of the 35% reduction approved by the Biden administration last year, which is projected to save homebuyers $5.1B over 10 years
In the wake of the National Association of Realtors' 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows
Commission chaos has disrupted real estate's status quo in unique ways in 2024, but social issues have been the reason for more political donations from agents, according to an analysis by Inman
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110M to resolve litigation
Appraisal waiver programs that rely on automated valuation models will be expanded next year to allow participation by homebuyers putting less than 20% down, with OK from federal regulator
CMLS CEO Denee Evans argued against the 'removal or significant weakening of a policy so critical to the integrity of our housing market' in an open letter to NAR and its members Friday afternoon
The CFPB claimed statements made by hosts of Townstone Financial's AM radio call-in show and podcasts discouraged Black Chicago residents from applying for a mortgage
Costa Mesa, California-based provider of debt consolidation loans saw most of its business dry up last year and was evicted from its headquarters in May
Department of Justice alleges appraisal that erased $220K from Denver duplex's value discriminated against Black owner and thwarted her attempt to refinance at lower rates
Nation's third biggest lender casts itself as a victim of politics, noting Consumer Financial Protection Bureau launched its investigation the day after Biden Administration took office
Housing policy has gotten short shrift in the debates, with a tight focus on immigration and inflation. But the candidates' platforms — and Project 2025 — provide more details