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HUD outlines reverse mortgage wish list in budget proposal

Housing Wire

The White House this week submitted its fiscal year 2025 budget proposal to the House of Representatives and the Senate , outlining the priorities of the administration in providing a budgetary blueprint for the entirety of the U.S. Total loan volume projected for all MMI programs for 2025 is $237.9 federal government.

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Will new products stop the bleeding for mortgage lenders? 

Housing Wire

The obvious starting place for nonbank lenders looking to capture volume is in jumbo lending, executives and analysts said. The investment we make today will have exponential benefits in 2023, 2024 and 2025 and beyond,” UWM CEO and Chairman Mat Ishbia said during an earnings call. Time and training. ” Tapping that equity.

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State Initiatives Aim to Improve Housing Inequities

Will Springer Realtor

The program calls for our state’s Department of Commerce to partner with the Washington Housing & Finance Commission to develop, implement and evaluate credit schemes aimed at reducing racial disparities in homeownership. Essentially, the government helped to institutionalize discrimination within the lending system.

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2024 Updated UAD and URAR – What does It Mean for You?

Appraisal Today

The overall timeline has not changed; however, we wanted to provide the industry with more milestone details to help in development, testing and training to prepare for the new UAD and Uniform Residential Appraisal Report (URAR). To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Real estate brokers can provide links to crime statistics for their clients but they should never interpret the severity of the neighborhood’s safety based on those figures (unless, perhaps, that broker is trained in criminal studies). Initiative 135 collected 57% of the vote amid turnout of 33% of the electorate. The Emerald City ranked No.

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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

For too long, appraisers have faced sweeping claims that their valuations are biased against certain groups, despite appraisers’ ethical standards, rigorous training, and lack of financial stake in transactions. The transformation is required at the end of 2026 with testing beginning late 2025. He has been around for a long time.