OCC, FDIC adopt final rule on automated valuation models
The OCC and FDIC finalized a rule to regulate the credibility of algorithmic models used in real estate valuations, part ...
Tag: Housing Finance
FHLB releases 2023 Report to Congress
The report describes the actions undertaken by FHFA to carry out its statutory responsibilities, including a description of the financial ...
FHA announces cybersecurity reporting requirement for approved lenders
The Federal Housing Administration issued a new policy requiring FHA-approved lenders to report a “significant cybersecurity incident” to the HUD ...
FHFA seeks public input on updating FHLB’s mission
A recent FHFA report recommended that the agency clarify the FHLB system’s mission and update how it evaluates system banks ...
New York Fed: Public expects home prices to rise at rapid rate
U.S. households expect home prices to increase 5.1% over the next 12 months, up from an expected 2.6% increase at ...
HUD warns against discrimination in AI-powered housing advertisements
The Department of Housing and Urban Development released new guidance warning that the use of artificial intelligence in tenant screenings ...
Housing agencies release new requirements to reduce appraisal bias
Both FHA and FHFA announced new policies that will allow borrowers to challenge property appraisals if they believe the appraisals ...
FHFA issues fair lending final rule
The Federal Housing Finance Agency issued a final rule to codify many of its existing practices and programs regarding fair ...
Federal Home Loan Banks support for affordable housing grew in 2023
Federal Home Loan Banks awarded $446.9 million through their affordable housing programs in 2023, almost $180 million more than in ...
VA to launch new program to help veterans keep their homes
The Department of Veterans Affairs will launch a new program in May to help more than 40,000 veterans experiencing severe ...
