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• New FHFA Director Bill Pulte is focused on GSE reform Mar. 13th 2025
  Vows to fix underperformance of Fannie and Freddie "effective immediately"

• Los Angeles suspends new Section 8 applications, approvals amid federal uncertainty Mar. 13th 2025
  The organization explained that it made the move because it does not expect Congress to appropriate enough federal funding to continue support for the program this year.

• Southern construction boom is aiding housing affordability Mar. 13th 2025
  Housing supply has surged in the South, with more than half of the 1.5 million building permits issued in 2024 concentrated in the region, according to U.S. Census Bureau data.

• Home equity buffer remains strong, but underwater homes rise 9% Mar. 13th 2025
  CoreLogic reported 1.1 million homes (2% of all mortgaged properties) being underwater, a 9.3% increase quarter-over-quarter.

• Judge reportedly leans toward pause in Trump’s actions to unwind the CFPB Mar. 12th 2025
  A district court judge is reportedly weighing whether to issue a longer-term pause on DOGE-led efforts to wind down the CFPB.

• HUD rejects Asheville’s Hurricane Helene recovery draft plan, citing DEI Mar. 12th 2025
  HUD Secretary Scott Turner said the draft action plan had disqualifying DEI criteria that sought to assist women- and minority-owned businesses.

• HUD reportedly axes Biden-era green retrofit program Mar. 12th 2025
  The Green and Resilient Retrofit Program is reportedly being shuttered by the Trump administration, leaving certain funds in limbo.

• California Realtors discuss post-wildfire changes in Black neighborhoods Mar. 12th 2025
  The January wildfires in California may be the most expensive natural disaster in U.S. history. And among all of the impacted areas, neighborhoods with large minority populations bore the brunt of the economic fallout.

• Inflation cooled in February, but it’s unlikely to impact interest rates Mar. 12th 2025
  The Consumer Price Index (CPI) report from the U.S. Bureau of Labor Statistics shows prices rising 2.8% year over year and 0.3% month over month in February. Both numbers are below expectations and represent a decline from January.

• Mortgage applications climb as rates continue to decline Mar. 12th 2025
  Mortgage applications increased 11.2% on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending March 7, 2025. On an unadjusted basis, the index increased 12% compared to last week. The refinance index saw a 16% uptick from the previous week [....]