FHFA looking to cut down on foreclosures
To help combat foreclosures and improve the state of the housing market, the Federal Housing Finance Agency has created a new program that will stop the problem before it happens.
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To help combat foreclosures and improve the state of the housing market, the Federal Housing Finance Agency has created a new program that will stop the problem before it happens.
The U.S. delinquency rate for mortgages declined during the first quarter of 2014, according to a new report from the Mortgage Bankers Association.
Mel Watt, director of the Federal Housing Finance Agency, is adjusting the lending standards his predecessor laid out.
Home prices increased during the fourth quarter of 2013, which could be a sign that prices may continue to rise in 2014.
Affordability is still an issue for many prospective homebuyers, as a new report from real estate research firm Trulia said that homes are becoming less affordable for those in the middle class.
The housing market may see an influx of activity soon, as housing starts for multifamily homes crossed the 1-million mark in April.
Younger homebuyers are staying away from the housing market, as many cannot afford a home because some are still paying back their student loans.
Homebuyers are always on the lookout for affordable homes.
A new bill, which would give funding to the Department of Housing and Urban Development, was approved by the House Appropriations Committee.
Higher prices have not hurt existing home sales, according to reports from several housing organizations.