FHFA Announces the Rescission of LLPA for DTI Ratio

The Federal Housing Finance Agency (FHFA) made an announcement on May 10, 2023, stating their decision to cancel the scheduled implementation of Loan Level Price Adjustments (LLPA) for Debt to Income (DTI) ratios exceeding 40%. Following that, on May 15, 2023, the...

Inclement Weather

SubTropical Storm Nicole is expected to make landfall in Florida on Wednesday, November 9, 2022. Our Business Continuity and Disaster Recovery team is closely monitoring the storms activity and will make recommendations to ensure the health and safety of our staff and...

FHFA and GSEs Elimination of Upfront Fees

  The FHFA has announced that GSE upfront fees will no longer apply to HFA Loans and other Affordable Mortgages  To assist low to moderate-income home buyers, Fannie Mae and Freddie Mac have announced that they will eliminate upfront fees for single-family...

Hurricane Ian  

Hurricane Ian   President Biden Major Disaster Declaration  Our heartfelt prayers go out to all that have been or will be impacted by Hurricane Ian. As native Floridians we know too well the challenges that are ahead of you, the borrowers, and the homeowner...

David W. Herlinger Golf Tournament

For many years, Housing and Development Software, and its parent company, HDS Companies, have partnered with Colorado Housing Finance Agency (CHFA) to sponsor the annual David W. Herlinger Golf Tournament. This year, the event will take place on Wednesday, August...