In the foothills of California’s Sierra Nevada mountains, KB Home has unveiled a fire-resilient new-home subdivision designed and engineered to protect homeowners, buffer neighboring communities and potentially lower property insurance rates. The homebuilder opened its model home and began selling homes in its 24-lot Stone Canyon community, 30 miles east of Sacramento in the fire-prone…
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The Federal Housing Finance Agency (FHFA)’s annual Performance and Accountability Report was published on Friday, revealing that the agency received clean audit results for fiscal year 2025 from the Government Accountability Office (GAO). The report disclosed that the GAO did not find any “material weaknesses or unacceptable risks.” The FHFA received an unmodified audit opinion…
ServiceLink, a provider of technology-enabled mortgage services, has partnered with Grid-ML to offer an interactive reference guide designed to help appraisers prepare for the rollout of Uniform Appraisal Dataset (UAD) 3.6. The UAD 3.6 Interactive Reference Guide compiles guidance from Fannie Mae and Freddie Mac into a single, searchable digital resource aligned with the redesigned…
Ginnie Mae on Thursday released its fiscal year 2025 Annual Financial Report, reporting strong financial performance, steady market confidence and continued progress in supporting the U.S. housing finance system. The government-owned corporation said its mortgage-backed securities (MBS) program remained a key source of liquidity for government-insured lending, financing about 1.4 million transactions during the fiscal…