HUD: A racial divide exists between FHA homeownership and rental assistance programs by Chris Clow for HousingWire

HousingWireHousingWire Researchers at the U.S. Department of Housing and Urban Development (HUD) have published a new report identifying the locations of people seeking Federal Housing Administration (FHA) rental and homeownership assistance programs. They found that homeownership program beneficiaries generally live in more affluent, racially homogenous neighborhoods than those seeking rental…

Continue reading →

Reggora says it will cover mortgage repurchase, LLPA losses tied to appraisal defects by James Kleimann for HousingWire

HousingWireHousingWireReggora CEO Brian Zitin said his company is looking to help mortgage lenders by removing the need to manually underwrite most appraisals. Appraisal management software company Reggora is adding a repurchase and loan-level price adjustment (LLPA) warranty to its appraisal review solution. The valuation tech company said it will cover…

Continue reading →