Trump Executive Order Seeks to Ease Mortgage Burdens, Expand Manufactured Housing

Less than two weeks before the midterm elections, President Trump signed an Executive Order (EO) with measures to ease mortgage burdens amid rising rates. The EO directs the Federal Housing Finance Agency (FHFA) to create a pilot program proactively canceling mortgage insurance for eligible borrowers with government-backed home loans. It also directs FHFA to expand…

Fair housing is fundamental to every real estate transaction, yet Massachusetts does not currently require fair housing education as part of either pre-licensing or continuing education. GBREB joined the Massachusetts Association of REALTORS® and The Boston Foundation’s Coalition to End Housing Discrimination to support S2959 and H5576, bills addressing this gap by requiring four hours…

Governor Maura Healey announced almost $300 in state and federal housing tax credits as part of the 2024 Affordable Homes Act’s goal of 220,000 new housing units in the Commonwealth by 2033. These awards (in 20 MA communities) include state subsidy financing, federal low-income housing tax credits, and state/federal tax credits. More information, including a…