Chester County News and Community Website
PHILADELPHIA, PA — The Philadelphia metropolitan area ranked among the nation’s strongest major markets for home-flipping returns in the second quarter of 2026, with a typical gross profit margin of …
Philadelphia-Area Home Flips Defy National Profit Squeeze Read More
Residential mortgage originations declined in the first quarter of 2026, with home-purchase lending falling to its lowest level in more than a decade as elevated home prices and rising borrowing …
U.S. Home Purchase Lending Falls to 12-Year Low as Affordability Pressures Mount Read More
WASHINGTON, D.C. — A federal policy change will allow more newly built homes to qualify for government-backed mortgages, after officials rescinded an energy standard they say raised construction costs and …
Housing Rule Reversal Could Cut New Home Costs by $20K Read More
FORT WASHINGTON, PA — Newrez LLC, a subsidiary of Rithm Capital Corp. (NYSE: RITM), said it participated in a limited loan delivery engagement with Freddie Mac that helped validate the …
Newrez Supports Validation of VantageScore 4.0 for GSE Loans Read More
WASHINGTON, D.C. — The Federal Housing Administration helped more than 876,000 Americans secure a path to homeownership in fiscal year 2025 while building one of the strongest financial buffers in …
FHA Report Shows Massive Cushion as Agency Backs 876,000 New Homebuyers Read More
WASHINGTON, D.C. — U.S. Housing and Urban Development Secretary Scott Turner spent last week unveiling a sweeping series of actions that signal one of the most aggressive overhauls of federal …
HUD’s Bold Housing Gambit: Inside the High-Stakes Push to Reshape America’s Communities Read More WASHINGTON, D.C. — The Federal Housing Administration (FHA) is making significant changes to its Single Family mortgage insurance program by rescinding over 12 sub-regulatory policies. This move, announced by U.S. …
FHA Cuts Red Tape to Reduce Homeownership Costs Read More