The aftermath of the COVID-19 crisis, plus solid housing demographics, has created a genuine problem with housing market inventory. HW+ Premium Content
The mortgage industry had mixed feelings about the Federal Housing Finance Agency's move to count positive rental history in Fannie Mae's underwriting process.
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Divvy Homes, the prop-tech startup that buys homes on behalf of renters and guides them to eventual ownership, announced Friday a new round of funding that nearly quadrupled its valuation to $2 billion.
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The FHFA today said that positive rental payment history will be taken into account in Fannie Mae's underwriting decisions — and there is no penalty for missed rental payments.
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The $3.5T social infrastructure framework includes down payment assistance, but little else to address housing challenges for low-income borrowers. HW+ Premium Content
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