Housing Finance

A Prudent Way to Deal with Fannie Mae and Freddie Mac

Filed in Housing Finance by on December 21, 2016 0 Comments
A Prudent Way to Deal with Fannie Mae and Freddie Mac

The Bloomberg Editorial Board has outlined a thoughtful approach to transition Fannie Mae and Freddie Mac and attract badly needed private capital back into the marketplace.

Continue Reading »

Illinois Builder Ed Brady Being Considered as FHA Commissioner

Filed in Housing Finance by on December 19, 2016 6 Comments
Illinois Builder Ed Brady Being Considered as FHA Commissioner

Illinois home builder Ed Brady, who is also the outgoing 2016 NAHB chairman, is among the candidates that the Trump transition team has talked to about becoming the next Federal Housing Administration (FHA) commissioner.

Continue Reading »

Comment Letters Needed for HUD’s Floodplain Management Proposal

Filed in Codes and Regulations, Environmental, Housing Finance by on December 15, 2016 0 Comments

NAHB is urging members and HBAs to voice your concerns with a new HUD floodplains management proposal that fundamentally threatens access to FHA mortgage insurance programs for single-family home buyers and multifamily builders.

Continue Reading »

FHA Raises Loan Limits

Filed in Housing Finance by on December 2, 2016 0 Comments

The Federal Housing Administration has released its new schedule of loan limits effective Jan.1, and the nationwide rise in home prices means that buyers in 2,948 counties will see increases.

Continue Reading »

Fannie-Freddie to Raise Conforming Loan Limits in 2017

Filed in Codes and Regulations, Housing Finance by on November 23, 2016 3 Comments
Fannie-Freddie to Raise Conforming Loan Limits in 2017

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limit for mortgage loans acquired by Fannie Mae and Freddie Mac in 2017 will increase to $424,100 from $417,000.  This will be the first increase in the conforming loan limit since it was raised to $417,000 in 2006. The Housing and […]

Continue Reading »

No Quick Fixes for Builders as Trump Administration Slowly Takes Shape

No Quick Fixes for Builders as Trump Administration Slowly Takes Shape

President-elect Trump has promised to shake things up in Washington, but it won’t happen overnight. “While there may be some expectation of quick and dramatic reversals of some existing policies, political reality may temper the pace and extent of those changes,” NAHB First Vice Chairman Granger MacDonald says.

Continue Reading »

FHA Eases Condo Owner-Occupancy Requirements

Filed in Housing Finance by on October 27, 2016 1 Comment
FHA Eases Condo Owner-Occupancy Requirements

New rules announced today will lower owner-occupancy requirements for existing condominium developments from the current 50% to 35% if they meet certain capital reserve and documentation requirements. The new rules take effect immediately.

Continue Reading »

What Do Our Presidential Candidates Stand For?

Filed in Capitol Hill, Housing Finance, Leadership by on October 21, 2016 30 Comments

This fall, we asked Democratic Presidential candidate Hillary Clinton and Republican candidate Donald Trump about their positions on issues of special importance to home builders, remodelers and their trade and professional partners. Here’s what we learned.

Continue Reading »

HUD Publishes Final ‘Previous Participation’ Rule

Filed in Codes and Regulations, Housing Finance, Multifamily by on October 14, 2016 0 Comments

HUD today published its final rule, “Retrospective Review– Improving the Previous Participation Reviews of Prospective Multifamily Housing and Healthcare Programs Participants.” HUD requires applicants who wish to participate in the multifamily and healthcare programs administered by its Office of Housing to be subject to a review of their previous participation in HUD and certain other multifamily programs.

Continue Reading »

Court Wants Changes for CFPB

Filed in Codes and Regulations, Housing Finance, Legal by on October 12, 2016 0 Comments
Court Wants Changes for CFPB

The U.S. Court of Appeals for the District of Columbia on Oct. 11 decided an important case reining in the authority of the Consumer Financial Protection Bureau.

Continue Reading »

Advertisement