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White House

White House
Housing Wire

HUD, White House announce $40M to expand housing counseling

May 17, 2024 Mariel Alumit Comments Off on HUD, White House announce $40M to expand housing counseling

​ The White House and the U.S. Department of Housing and Urban Development (HUD) announced on Thursday the awarding of $40 million to expand housing counseling services to a greater number of vulnerable communities. The […]

White House
Housing Wire

White House, HUD announce $5.5B in housing and community development grants

May 8, 2024 Mariel Alumit Comments Off on White House, HUD announce $5.5B in housing and community development grants

​ The U.S. Department of Housing and Urban Development (HUD) and the White House announced $5.5 billion in funding on Tuesday that will be distributed through more than 2,400 grants to 1,200 communities in various […]

Biden
Housing Wire

Ahead of Biden speech, White House officials preview housing priorities

March 19, 2024 Mariel Alumit Comments Off on Ahead of Biden speech, White House officials preview housing priorities

​ President Joe Biden will be in Las Vegas on Tuesday, where he will offer additional remarks about the policies and priorities of his administration’s push to address housing issues for renters and buyers alike. […]

HUD
Housing Wire

HUD, White House announce new initiatives designed to boost housing supply

February 29, 2024 Mariel Alumit Comments Off on HUD, White House announce new initiatives designed to boost housing supply

​ The U.S. Department of Housing and Urban Development (HUD) on Thursday unveiled a series of new policies that are designed to boost housing supply and affordability across the country, according to HUD and White […]

White House
New York Post

Here’s how the White House would look under these architects

October 30, 2023 Mariel Alumit Comments Off on Here’s how the White House would look under these architects

In a fun twist of creativity and innovation, Imagined Architecture, a firm harnessing the power of Artificial Intelligence and Stable Diffusion, embarked on a journey to reimagine the very heart of American democracy: the White […]

White House
Commercial Real Estate

White House, federal agencies urge more commercial-to-residential property conversions

October 27, 2023 Mariel Alumit Comments Off on White House, federal agencies urge more commercial-to-residential property conversions

The White House and the U.S. Department of Housing and Urban Development (HUD) announced today the launch of a new inter-agency initiative to encourage more property conversions of commercial buildings into residential units. The goal: […]

White House
Housing Wire

White House announces new housing initiatives to boost homeownership

October 16, 2023 Mariel Alumit Comments Off on White House announces new housing initiatives to boost homeownership

The White House on Monday announced a series of new initiatives designed to boost U.S. homeownership, alongside data detailing housing aid that has been provided since 2021. New initiatives include allowing homebuyers to leverage income […]

Housing Wire

White House details wide-ranging priorities designed to boost housing supply

July 30, 2023 Allen Santos Comments Off on White House details wide-ranging priorities designed to boost housing supply

In addition to a series of announcements this week by the White House and multiple federal agencies designed to proactively assist renters, the Biden administration is also aiming to promote methods to improve housing supply […]

Housing Wire

White House takes aim at rental ‘junk fees’ with data and online listings partnerships

July 20, 2023 Mark Paul Cervantes Comments Off on White House takes aim at rental ‘junk fees’ with data and online listings partnerships

The White House announced today that it is taking a stronger stance against rental fees, saying that fees associated with applications or “convenience” are burdensome on American families and can often surprise them. Such fees […]

Housing Wire

Kamala Harris talks proposed AVM bias rule as White House announces new appraisal actions

June 4, 2023 Mark Paul Cervantes Comments Off on Kamala Harris talks proposed AVM bias rule as White House announces new appraisal actions

On the heels of a Thursday announcement by six federal agencies unveiling a proposed rule that would implement quality control standards that govern the use of automated valuation models (AVMs), Vice President Kamala Harris weighed […]

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U.S. Market

Rocket
Housing Wire

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

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ 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 […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ 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
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ 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 […]

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