GEM Home Loans

This spring the USDA proposed a rule change to aid in the housing shortage nationwide.

Single Family Housing Guaranteed Loan Program-Income Producing Accessory Dwelling Unit (ADU) Provisions The Rural Housing Service (RHS or the Agency), an agency of the Rural Development mission area within the United States Department of Agriculture (USDA), is issuing a proposed rule to amend the current Single Family Housing Guaranteed Loan Program (SFHGLP) regulation. These proposed changes are...

Friendly Friday!

France recently introduced a new policy allowing university students to have a full meal for just 1 Euro, regardless of income.

France introduces one‑euro canteen meals for all students French university canteens began offering one-euro meals to all students regardless of income on Monday, in a measure designed to address financial hardship.

FHFA formally announces the approval and release of a new credit scoring model, hopefully allowing more people to qualify and at a lesser cost.

Homebuying Advances into New Era of Credit Score Competition | FHFA In a joint announcement, HUD Secretary Scott Turner and FHFA Director William J. Pulte announced that the Federal Housing Administration and Fannie Mae and Freddie Mac are implementing their first new credit score models for mortgages in decades. This historic move is intended to lower costs for the...