Congress Concerned by Current VA Home Loan Program

Veterans turning to other options besides VA mortgage program. A letter from members of Congress to Secretary Denis McDonough of the Department of Veterans Affairs was released on…

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HUD Successfully Refinances Bronx Co-op City Complex

Preserves long-term housing for over 45,000 residents. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced last month that the Bronx’s Co-op City Complex successfully…

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FHA Lifts Some Temporary Transaction Underwritings

Rolls back measures put in place April 2020.  On Monday, The Federal Housing Administration (FHA) announced that they would be removing temporary COVID-19 underwriting mitigants for multifamily transactions…

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Government Unveils Mortgage Refinancing Initiative

Program could help lower-income borrowers. The federal regulator of Fannie Mae and Freddie Mac unveiled a new program Wednesday to ease credit requirements, simplify documentation and waive certain…

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FHA Issues Waivers for Mortgage Processing

Allows for remote interaction rather than usual in-person contact. The Department of Housing and Urban Development announced waivers of certain provisions in the Federal Housing Administration to allow…

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