Housing and Urban Development - Real Estate Investor Pulse

HUD launches Office of Manufactured Housing Programs

June 24, 2023 Allen Santos Comments Off

The U.S. Department of Housing and Urban Development (HUD) announced this week that it has established a new Office of Manufactured Housing Programs, which will report to Assistant Secretary for Housing and Federal Housing Administration […]

HUD publishes dozens of proposed rules in spring agenda

June 20, 2023 Allen Santos Comments Off

The U.S. Department of Housing and Urban Development (HUD) has over 50 proposed rules in the pipeline in its section of the federal government’s 2023 spring regulatory agenda, released last week by the White House. […]

HUD OIG: Mr. Cooper, servicers did not meet loss mitigation requirements

June 16, 2023 Mark Paul Cervantes Comments Off

The U.S. Department of Housing and Urban Development (HUD)’s Office of the Inspector General (OIG) published on Thursday two reports broadly alleging that mortgage servicers — and Mr. Cooper in particular — did not meet […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]