FHFA: Refinance Volume Continued to Slow in Fourth Quarter
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that 13,220 borrowers refinanced their mortgages through the Home Affordable Refinance Program (HARP) from October through December. FHFA’s fourth quarter Refinance Report also shows that total refinance volume fell in December, as mortgage interest rates increased. Total HARP refinances now stand at 3,447,671 since…
CDFI Fund: 2016 Year In Review Report Released
The CDFI Fund’s FY 2016 Year in Review is now available on the CDFI Fund’s website. Read Director Annie Donovan’s introductory message below, and view the full publication here. I am pleased to present to you the Community Development Financial Institutions Fund’s (CDFI Fund) fiscal year (FY) 2016 Year in Review. As you will see in the…
CDFI Fund: “Access to Capital and Credit in Native Communities” Data Release Now Available
Today, the Native Nations Institute released a Data Review to accompany the Access to Capital and Credit in Native Communities Report (the Report) commissioned by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). The Data Review helped set the stage for the Report by collecting data regarding access to capital and credit in American…
HUD: New Residential Sales in December 2016 Report Released
WASHINGTON – Sales of new single-family houses in December 2016 were at a seasonally adjusted annual rate of 536,000, according to estimates released jointly today by the Department of Housing and Urban Development and the U.S. Census Bureau. This is 10.4 percent (±12.2%)* below the revised November rate of 598,000 and is 0.4 percent (±11.7%)*…
HUD: Comprehensive Assessment of Housing Needs of America Indians and Alaska Natives Released
WASHINGTON – American Indian tribes are building more housing units after enactment of the Native American Housing Assistance and Self-Determination Act of 1996 (NAHASDA) but housing conditions are substantially worse among American Indian households than other U.S. households. These are some of the findings of three new comprehensive reports of tribal housing needs released today…
HUD: New Residential Construction Activity in December Announced
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for December 2016: BUILDING PERMITS Privately owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,210,000. This is 0.2 percent (±1.8%)* below the…
CFPB: Survey Finds Over One-in-Four Consumers Contacted by Debt Collectors Feel Threatened
CFPB Also Releases Study of Consumer Risks in Online Debt Sales, Consumer Stories of Debt Collection Experiences WASHINGTON, D.C. – A Consumer Financial Protection Bureau (CFPB) report released today found that over one-in-four consumers contacted by debt collectors felt threatened. The report was drawn from the first-ever national survey of consumer experiences with debt collectors. Over…
HUD: American Housing Survey Results for 25 Metro Areas Released
WASHINGTON – Today, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau released the results of the 2015 American Housing Survey focusing on 25 metropolitan areas across the country. The data released today includes detailed information on everything from monthly housing costs, hunger, and neighborhood characteristics including crime and the…