AMDC Member CBC Mortgage Agency Funds $14 Million in Affordable Loans
CBC Mortgage Agency (CBCMA) announced that $14 million in affordable home loans have been purchased to date via the company’s online platform—CRA Note Exchange. CBCMA’s aim is to help low-moderate income consumers, often in minority neighborhoods, achieve the dream of...
AMDC Member Planet Home Lending Portfolio Tops $25 Billion
Planet Home Lending’s (PHL) servicing portfolio has risen above $25 billion fueled by originations growth and the company’s successful efforts to retain existing customers who refinance or purchase new homes, the company says. PHL’s representative said the servicing...
HUD Awards $4 Million for Disabled Vets’ Residences
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) announced $3.9 million in funding through the Veterans Housing Rehabilitation and Modification Pilot Program (VHRMP), a program designed to create...
Housing, Faith, and the American Dream
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson Said he has started a virtual workshops series entitled, “The Mustard Seed" program, which is geared toward religious groups. He plans to feature in the virtual presentations, faith-based...
FHFA Addresses the Language Barrier
The FHFA, which oversees Fannie Mae and Freddie Mac, recently announced new resources for Americans who need assistance with mortgage loans but who possess limited English-language proficiency. That could be causing homeowners extra hardships during an already trying...