The fourth quarter critical defect rate dropped to the second-lowest quarterly rate on record, according to ACES Quality Management’s QC Industry Trends report that covered the fourth quarter and calendar year 2024.
The country’s for-sale housing inventory is up nearly 20 percent year-over-year, but households earning $75,000 a year can afford less than a quarter of for-sale listings, according to a report from the National Association of Realtors.
Brian Carter, owner of Optymedia and a featured speaker at the National Settlement Services Summit (NS3) June 16-18 in Pittsburgh, will discuss artificial intelligence (AI) in housing and leadership. NS3 attendees will leave the presentation with concrete steps to implement AI solutions that deliver measurable results.
The Department of Housing and Urban Development made more than $1.1 billion in Indian Housing Block Grant funding for available to tribal communities to use for affordable housing activities.
As of May 1, the Department of Veterans Affairs stopped accepting Veterans Affairs Servicing Purchase Program (VASP) submissions. VASP was launched last year to help veterans who were struggling financially to avoid foreclosure.
The Department of Housing and Urban Development will invest $1.8 million in the department’s Foster Youth to Independence program to help more than 100 youth aging out of the foster care system secure housing.
Mortgage credit availability remained unchanged in April after a sizable increase in March, according to a report from the Mortgage Bankers Association.
Uncertainty and volatility in the current market are proving a challenge for determining a strategy for mortgage servicing rights (MSR), according to MSR Pricing & Analytics Managing Director Mark Garland. He is featured in a recent MSR white paper by SitusAMC.
President Donald Trump’s recommendations on discretionary funding levels for fiscal year 2026 include cutting $33.6 billion in funding for the Department of Housing and Urban Development, including 43 percent of grant funding for the department’s rental assistance programs.
Fannie Mae recently announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.
Cover Story: