HUD adopts 14 changes to FHA policies, aiming to lower costs and ease credit access
The U.S. Department of Housing and Urban Development (HUD) is rolling out 14 changes to the Federal Housing Administration (FHA)’s single-family mortgage insurance program, including less stringent appraisal rules, expanded flexibility for the 203(k) rehab loan program and simplified closing forms.
HELOC, Verification Products; AI Gap; Housing Bill Advances; JPMorganChase on Affordability
Yesterday I published a link to Pennymac Policy Pulse, a newsletter tracking key federal policy developments shaping the housing market and broader U.S. economy. The link went to an old version; above is the link to the most current. (Today’s podcast can be found here and this week’s ‘casts are spon
Re-Coupling and Range Consolidation
Yesterday's most interesting development was the visible decoupling of bond yields with oil prices. To a lesser extent, one could also lament that mid-morning stock selling failed to benefit bonds, but that's far from a regular correlation these days. In fact, the stock/bond correlation is often rev
Pamela Heman
Phone:+1(816) 810-5001