CBC Mortgage Agency offers temporary rate buydowns on FHA loans

CBC Mortgage Agency – a federally chartered housing finance agency – will offer two temporary rate buydown features for its down payment assistance (DPA) program for Federal Housing Administration (FHA) loans.The agency is the first to provide either a 2-1 rate buydown or a 1-0 rate buydown on a DPA
Read MoreHUD announces new climate policy on energy and water benchmarking, DOE decarbonization partnership

The U.S. Department of Housing and Urban Development (HUD) on Wednesday made a series of new climate policy announcements at the 28th United Nations (U.N.) Climate Conference (COP28).These include the launch of a free water and energy benchmarking service for HUD-assisted multifamily properties and
Read MoreLoanPASS integrates with proptech company, Uplist

Miami-based fintech provider LoanPASS integrated Uplist’s suite of home-shopping tools into its pricing engine, the company announced in November.The partnership will boost loan officers’ capacity to deliver personalized, efficient and tech-powered solutions directly to their clients and agents.The
Read MoreCopycat commission lawsuits filed in Florida, Pennsylvania

More home sellers on the East Coast are getting in on the commission lawsuit action. Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. Both lawsuits are seeking class-ac
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