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HUD declares FHA once again backing DACA mortgages

Housing Wire

Department of Housing and Urban Development declared Wednesday that the Federal Housing Administration will once again back mortgages for immigrants under the Deferred Action for Childhood Arrivals (DACA) program. HUD said DACA recipients who are legally permitted to work in the U.S. are not eligible for FHA-insured mortgages.” .”

Mortgage 546
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Wolters Kluwer appoints Vikram Savkar as EVP and GM

Housing Wire

Meirink said Savkar’s appointment is indicative of the company’s commitment to developing and promoting talent from within. Savkar has been a part of Wolters Kluwer since 2012, when he joined as vice president and general manager of the Legal & Regulatory division.

Legal 257
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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City. If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry.

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New FHA Eligibility for DACA Recipients!

On Q Financial

The Department of Housing and Urban Development announced on January 19, 2021, that the FHA would once again back mortgages for DACA recipients. Among other protections, DACA allows recipients to legally work in the U.S. are not eligible for FHA-insured mortgages.” History of FHA Loans for DACA Recipients.

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3 Things You Should Know About Preliminary Title Reports

Zillow

The title company compiles the report from a search of county records to issue title insurance, and any liens against the property are listed as "exceptions" to a title policy. The legal description The legal description is everything you won't see in any real estate agent marketing or advertising.

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Appraisers: How to Spend Less Time on Email

Appraisal Today

And rates reached a low around 1945 before hitting new lows in 2012. And rates reached a low around 1945 before hitting new lows in 2012. The data illustrating the turn are based on fresh methodology developed by the American Enterprise Institute’s Housing Center. But the best records only go back to the early 1970s.