HousingWireHousingWire The Federal Housing Administration (FHA) this week published Mortgagee Letter (ML) 2025-06, which codifies “updates to FHA’s permanent loss mitigation options based on learnings from its temporary COVID-19 policies and feedback received on the draft policies” from a proposal published this past November. Published on Thursday, the letter extends…
Continue reading →HousingWireHousingWire The wildfires ripping through Los Angeles are on pace to be the most destructive in U.S. history, as one estimate concludes that property damage from the Palisades and Eaton fires could exceed $45 billion. When they’re finally extinguished, the city and its residents will have to sift through the…
Continue reading →BY PAUL STANLEY Paul Stanley The cost of college tuition has more than tripled in the past decades, with the average cost of a college education in the United States hovering around $36,436 per year. Some tuitions — like Amherst College’s — are as high as $91,121 annually. For the…
Continue reading →Geno Marconi, the longtime head of the state’s Division of Ports and Harbors, appeared in a Rockingham County courtroom for a bail hearing on Nov. 27, 2024. (Photo by Todd Bookman/NHPR) Geno Marconi is retiring from his role as New Hampshire’s longtime ports director at the Pease Development Authority (PDA)….
Continue reading →HousingWireHousingWire Seattle-based WaFd Bank, which has offered home loans for more than 100 years, announced Thursday in an earnings report that it will exit the single-family mortgage lending business. WaFd president and CEO Brent Beardall said in a LinkedIn post that the move will involve layoffs for about 8% of…
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