Kimber White’s vision for NAMB: Affordable housing and enhanced mortgage education
Kimber White is set to return as NAMB president on Oct. 1, where he’ll focus on advocating for housing affordability and mortgage education.
Affordability
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Click n’ Close pairs 5/1 ARM with down payment assistance for new homes
The program — called the SmartBuy 5/1 ARM Down Payment Assistance product — offers a first mortgage alongside a repayable second mortgage.
$12.7 trillion in US homes face severe climate risks
Data shows threats from flooding, hurricane winds and wildfires increasingly reshaping housing markets and insurance availability.
This year’s homebuyers need larger rate drops for refi benefits
A Neighbors Bank analysis found that a 0.25-point interest rate decline left the average borrower $2,424 underwater after three years.
Experts offer multi-faceted solutions to the housing supply shortage
A trio of housing experts discuss proposals to lift zoning regulation to spur supply — and legislation aiming to help first-time homebuyers.
Rent collections improve slightly, but late payments signal strain
Compared with August 2024, the on-time payment rate is down 216 basis points. That marks the 25th consecutive month of annual declines.
Tech startup offering AI-driven property level risk modeling
Instead of relying on zip code-based risk maps and subjective human judgment, FutureProof’s algorithm analyzes property-specific details.
Michigan cities, lawmakers seek $800M for housing incentives
The program would provide up to $100,000 for new housing construction or up to $30,000 for repairs covering as much as 30% of costs.
The Florida Association of Mortgage Professionals pushes for condo guideline changes
The Florida Association of Mortgage Professionals (FAMP) is addressing housing affordability challenges head-on.
Redfin: Multifamily housing permits fall from pandemic highs
Developers secured an average of 12.8 permits for buildings with at least five units per 10,000 people from July 2024 through June 2025.