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Fintech Maxwell launches POS feature that offers tailored workflows for lenders

Housing Wire

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans. Unlike off-the-shelf POS solutions, Blueprint Builder allows lenders to customize technology that is designed to help improve operations, Maxwell noted.

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Regulatory costs add nearly $94K to new home prices

Housing Wire

Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction. The study was filed out by 2,071 NAHB members and 57 developers, and nearly all of the builders — 98.9%, per the study — reported experiencing some type of regulatory cost during construction.

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Streamlining subsidies to build more affordable housing

Housing Wire

Unfortunately, the rising cost of construction forces developers to find more funding sources to complete these projects. The financing framework for affordable housing is often designed around the Low-Income Housing Tax Credit (LITHC). LITHC projects built between 2000-2018 needed to layer an average of 3.5

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Mary Ann Azevedo named Managing Editor of FinLedger

Housing Wire

Azevedo joined HW Media from Crunchbase News where she covered startups and venture funding trends with a special focus on real estate tech, construction tech and under-the-radar regions. Launched in August 2020, FinLedger is a fintech-focused media brand designed for financial services professionals. About FinLedger. About HW Media.

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Opinion: Is it time to bring Fannie and Freddie out of conservatorship?

Housing Wire

Fortunately, HERA’s de novo conservatorship provisions designed to deal with this contingency have more than withstood the test of time. A small portion of GSE profits are allocated by the states for construction or substantial rehabilitation of affordable rental housing for the poorest of the poor.

Law 506
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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. trillion in 2016 to $30.6

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The Intel About Intel’s Columbus, OH Region Move (and Why Your Business Can Flourish Here, Too)

The Robert Weiler Company

But proximity to a new Intel Corporation fabrication plant whose construction might one day ease future global chip shortages might be another reason to love our region. It’s predicted to generate 3,000 jobs with high-wage salaries, 7,000 construction jobs, and more than 10,000 indirect jobs. The Silicon Valley of the Midwest”.

Business 147