Yearly Archives: 2023
VA Foreclosure Pause Will Prevent Thousands of Veteran Foreclosures
Late Friday, the U.S. Department of Veterans Affairs called on mortgage servicers to pause foreclosures until May 31, 2024. This pause will give VA borrowers a much-needed opportunity to access the upcoming VA Servicing Purchase (VASP) program.
Commercial Mortgage Delinquency Rates Increased in Third-Quarter 2023
Commercial mortgage delinquencies increased in the third quarter of 2023, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report. “Not unexpectedly
Everything to Consider When Buying a New Construction Home
The housing market is incredibly complex and, at times, difficult to understand, with massive down payments and capital being required just to be able to invest anything meaningful and hope
Amata Hails Major $21.25 Million Federal Grant for Ferry Services From BIL Legislation
Congresswoman Uifa’atali Amata is hailing notice of a major $21.25 million federal grant from the Federal Transit Administration (FTA) to purchase two new Ferry Boat Vessels
Rep. Laurel Lee and Veterans’ Advocates Join LSC for Event Highlighting Housing Initiatives for...
The Legal Services Corporation (LSC) is holding its annual Veterans Day event on Monday, November 13 from 2-3:30 p.m. ET. This year’s virtual event will build on the findings of LSC’s Veterans Task Force by highlighting the needs of veterans who are unhoused or at risk for homelessness.
Pending Home Sales Fell 1.5% in October
Pending home sales dropped 1.5% in October, according to the National Association of REALTORS®. The Northeast posted a monthly gain in transactions while the Midwest, South and West all recorded losses. All four U.S. regions noted year-over-year
Crowdfunding Initiative Provides Housing Essentials to Veterans Experiencing Homelessness
The Welcome Home Kit initiative aims to raise funds to support veterans experiencing homelessness across the nation on Veterans Day as part of the #DayForTheBrave campaign.
NORTON INTRODUCES BILL TO ALLOW STATE AND LOCAL GOVERNMENTS TO CHARGE SALES TAX AT...
Congresswoman Eleanor Holmes Norton (D-DC) introduced her Federal Gift Shop Tax Act today to allow state and local
New U.S. Department of the Treasury Analysis: Inflation Reduction Act Driving Clean Energy Investment...
The U.S. Department of the Treasury published new analysis on the impact of the Inflation Reduction Act in driving clean energy
New Home Sales Weaken in October
Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home sales in October. Sales of newly built, single-family homes in October fell 5.6% to a
Restb.ai AI-powered computer vision technology offers lenders, appraisers image validation solution designed for GSE-compliance
National banks and mortgage lenders are scrambling to incorporate image recognition into their appraisal review process
5 Essential Tips For Maximizing Space In Your Bathroom
Improving your home not only makes it more comfortable but also boosts its value. Renovating bathrooms, in particular, is a smart investment. Studies show that redoing bathrooms gives
High-Tech Home Security Must-Haves for 2024 and Beyond
While home security has, for the most part, gone high-tech, the basic premise for investing in it remains the same: to keep you and your family safe in an increasingly dangerous world of looters, murderers, cartel gangsters/drug dealers pouring over the open borders, and more.
Over $40 Million from FEMA to Repair Water Infrastructure
The Federal Emergency Management Agency (FEMA) awarded over $40 million to the Puerto Rico Aqueduct and Sewer Authority (PRASA) to repair infrastructure and replace equipment damaged
FHFA Announces Conforming Loan Limit Values for 2024
The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages Fannie Mae and Freddie Mac (the Enterprises) will acquire in 2024. In most of the
HUD Awards $25 Million to Public Housing Agencies to Expand More Housing Choices for...
Awards to Public Housing Agencies will provide support to families with Housing Choice Vouchers to maximize housing and neighborhood choice. The U.S. Department of Housing and Urban
9 Tips for a Tranquil Countryside Retreat in Norfolk
Escape the hustle and bustle of city life with a tranquil retreat in the picturesque countryside of Norfolk. Known for its serene landscapes, charming villages, and rich heritage, Norfolk offers the perfect backdrop for a peaceful getaway. Whether you're planning a solo adventure, a romantic escape, or a family vacation, these nine tips crafted by the local estate agents in Norfolk will help you make the most of your countryside retreat in this enchanting part of England.
Manchin Announces more than $1M to Weatherize, Increase Energy Efficiency in Local Government Buildings...
Senator Joe Manchin (D-WV), Chairman of the U.S. Senate Energy and Natural Resources Committee, announced that West
October New Home Purchase Mortgage Applications Increased 39.7 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2023 shows mortgage applications for new home purchases increased 39.7 percent compared from a
Congressman Cohen to Celebrate $3 Million Federal Appropriation for Historic Melrose High School Renovation
Congressman Steve Cohen (TN-9) will hold a press availability to celebrate the $3 million appropriation he secured for the
