Houston must return $45M in unused affordable housing funds
Despite recent data indicating a poor affordable housing situation in Texas, the city of Houston must return $45 million in unused affordable housing funds to the state after failing to use them for construction of new homes. This is according to local reporting by a Houston ABC News affiliate.Prima
Read MoreLiberty Reverse parent Ocwen seeks to rebrand this year
Ocwen Financial Corp., the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp., announced on Wednesday that it is undergoing a rebranding effort and will be known as Onity Group Inc. This is according to a company spokesperson and a subsequent announcem
Read MoreZillow or CoStar? NAR settlement terms could determine a winner
Real estate listing giants Zillow and CoStar are currently embattled in a fight for listing portal supremacy.The battle began heating up in September 2023 when CoStar’s residential real estate platform Homes.com surpassed 100 million unique monthly visitors, becoming the second most popular listing
Read MoreCHLA urges FHA’s equal treatment of homebuyers despite commission status
The Community Home Lenders of America (CHLA) this week submitted a letter to the Federal Housing Administration (FHA) that urges the agency to “provide comparable down payment treatment for FHA borrowers, regardless of whether or not the seller is willing to pay the home buyer broker commission,” ac
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