Massive FHA cuts would create dysfunction for mortgage industry, homeowners: ex-official

If a rumored large-scale layoff at the Federal Housing Administration (FHA) occurs, it could result in major damage to key programs that mortgage lenders and investors rely on, such as project-based rental assistance, Section 202 and even financial losses to the national mortgage insurance fund.This
Read MoreFair housing nonprofit sues Scott Turner, HUD over ‘DEI’ orders

Three civil rights nonprofits including the National Fair Housing Alliance have filed a lawsuit against President Donald Trump and his administration for allegedly violating the First and Fifth Amendments with three executive orders Trump signed in January related to diversity, equity and inclusion
Read MoreQualia enhances wire fraud protection system with new features

Real estate closing platform Qualia announced on Wednesday a series of security upgrades to its platform. These enhancements are exclusive to Qualia’s Shield solution, a wire fraud detection system designed for title and escrow professionals.The upgrades start with added protection for low-risk wire
Read MoreBright MLS debunks DC housing market social media posts

A viral Instagram post this week claims that a wave of new inventory is hitting the Washington, D.C., housing market after large numbers of federal employee layoffs were announced. Bright MLS has addressed these claims this week with relevant data.Social media posts suggest that more than 4,000 home
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