Trade groups raise alarms over 21st Century ROAD to Housing Act before Senate floor vote

Trade groups are urging revisions to the 21st Century ROAD to Housing Act before its Senate vote due to concerns over provisions that could reduce housing supply and increase costs for lenders and servicers. Key issues include requirements for institutional investors to sell build-to-rent homes within seven years, drafting errors in FHA loan limits, and mandatory foreclosure counseling for delinquent government-backed loans.

Read the full article at HousingWire

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