Advocacy

Fannie Mae, Freddie Mac Conforming Loan Limits to Rise in 2021

Filed in Advocacy, Housing Finance by on November 24, 2020 0 Comments
Fannie Mae, Freddie Mac Conforming Loan Limits to Rise in 2021

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021 will increase to $548,250 from $510,400.

Continue Reading »

More Skilled Workers, Simplified Regulations Needed to Improve Housing Affordability

Filed in Advocacy, Housing Affordability, Workforce Development by on November 19, 2020 1 Comment
More Skilled Workers, Simplified Regulations Needed to Improve Housing Affordability

The Hill’s Editor-at-Large Steve Clemons this week explored the current conditions of housing affordability with policymakers and industry leaders during the “Building the Dream” series’ final event.

Continue Reading »

FHFA Announces New Capital Rules for Fannie Mae, Freddie Mac

Filed in Advocacy, Housing Finance by on November 18, 2020 0 Comments
FHFA Announces New Capital Rules for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) today sent a final rule to the Federal Register that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac (the Enterprises).

Continue Reading »

FHFA Announces Fannie Mae, Freddie Mac Multifamily Loans Purchase Caps for 2021

Filed in Advocacy, Housing Finance, Multifamily by on November 17, 2020 2 Comments
FHFA Announces Fannie Mae, Freddie Mac Multifamily Loans Purchase Caps for 2021

The Federal Housing Finance Agency (FHFA) today announced that the 2021 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $70 billion for each Enterprise. The cap structure allows the Enterprises to offer a combined total of $140 billion in support to the multifamily market.

Continue Reading »

Podcast: Home Building Can Continue to Thrive in New Political Environment

Filed in Advocacy, Membership by on November 17, 2020 0 Comments
Podcast: Home Building Can Continue to Thrive in New Political Environment

On the latest episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the various factors that will play into the likely landscape builders will face as winter approaches, including: record high builder confidence, policy referendums, the impact of who controls the House and Senate, Cabinet picks, and housing policy likely to be enacted by the next administration.

Continue Reading »

NHE Offers Funding for Workforce Development Initiatives

Filed in Membership, Workforce Development by on November 16, 2020 0 Comments
NHE Offers Funding for Workforce Development Initiatives

The National Housing Endowment and the Skilled Labor Fund provide funding to HBAs for workforce development initiatives such as skilled trades training programs, local career fairs and construction management education.

Continue Reading »

FHA’s MMIF Capital Reserves Climb in Fiscal 2020

Filed in Advocacy, Housing Finance by on November 13, 2020 0 Comments
FHA’s MMIF Capital Reserves Climb in Fiscal 2020

The Federal Housing Administration (FHA) today released its annual report to Congress that shows the agency’s capital reserve ratio of its Mutual Mortgage Insurance Fund (MMI Fund) ended the fiscal year at 6.10% — an increase of 1.26 percentage points over the fiscal 2019. This is well above the congressionally mandated 2.0% capital ratio.

Continue Reading »

How Can We Address the Housing Affordability Crisis in the Wake of COVID-19?

Filed in Advocacy, Housing Affordability by on November 13, 2020 0 Comments
How Can We Address the Housing Affordability Crisis in the Wake of COVID-19?

As part of NAHB’s Building the Dream series, which examines the challenges and impact of the housing affordability crisis, The Hill will convene a timely conversation on Nov. 17 at 1 p.m. ET with housing leaders and policymakers to discuss this important topic.

Continue Reading »

Some Buyers Perceive an Uptick in Affordability

Filed in Economics, Housing Affordability, Trends by on November 10, 2020 0 Comments
Some Buyers Perceive an Uptick in Affordability

The Housing Trends Report for the third quarter of 2020 shows that 27% of buyers report being able to afford half or more of the homes for sale in their markets. A year earlier, the share was 20%.

Continue Reading »

NAHB Podcast: Looking Ahead to the Next Four Years

Filed in Advocacy by on November 9, 2020 2 Comments
NAHB Podcast: Looking Ahead to the Next Four Years

Tune into the latest episode of Housing Developments to hear NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin give their takes on the outcomes of races for Congress and the White House.

Continue Reading »