Morning Roundup (12/7/2023) — Freddie’s DPA Docs

Good Morning! Today is Thursday, December 7. An investigation found that an Israeli tank crew killed a journalist and wounded six reporters in Lebanon. Representative Kevin McCarthy will leave the House at the end of the year. A gunman at the University of Nevada, Las Vegas, killed three people.

The Mortgage Note Reports

GSE DPA Update: Freddie Mac is streamlining down payment assistance programs with standardized mortgage documents for lenders working with HFAs.

Alliant Loan Options: Alliant Credit Union rolled out several new mortgage offerings and a home construction loan.

In other mortgage and housing news…

“Potential Tripwires”: The housing markets facing the greatest downturn risks are clustered in California, New Jersey, and Illinois, ATTOM says.

Early Gift For Buyers: The median U.S. housing payment fell to $2,561 during the four weeks ending December 3, while new listings are up 7% YOY.

Wall Street Out: A new bill introduced in the House and Senate would prevent hedge funds from owning single-family houses in the United States.

Company News: Allied Mortgage deployed Gateless’ Smart Underwrite Solution.

Climate Moves: HUD announced a free water and energy benchmarking service for multifamily properties, part of a new push to encourage climate-conscious initiatives.