US Assistant Housing Secretary David Stevens on Thursday told Senate lawmakers the Federal Housing Administration’s “elevated role” in helping ensure mortgage financing remains available is “temporary.” Stevens, who also oversees FHA as its commissioner, said the housing administration has to strike a delicate balance with providing private mortgage financing to qualified families, while avoiding a complete takeover of private sector business. He said FHA must be sure not to disturb the fragile market with aggressive actions.
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The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”
This year there are 793 more veterans with a roof over their heads, according to the Annual Homeless Assessment Report from the U.S. Department of Housing and Urban Development. The report showed that in 2019, the number of veterans experiencing homelessness dropped by 2.1%.