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Japanese luxury-home developer plans U.S. IPO

Housing Wire

a developer of luxury single-family homes and condominiums, which also has residential leasing operations in Dallas, is looking to raise up to $30 million via the U.S. IPO to continue developing its business operations in Japan, to expand a startup online listing network and for general corporate purposes. stock market. stock exchange.

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Risks of nonbank mortgage sellers and servicers revisited

Housing Wire

I applied a multivariate statistical analysis consistent with the one I used to develop the industry’s first FHA automated underwriting scorecard (known now as TOTAL), and the industry’s first VA scorecard during my tenure at Freddie Mac. These were 2000-2003, 2004-2008Q2, 2008Q3-2011, and 2012-2015.

Sellers 413
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Seller Filed a Racial Bias Complaint Against Me

Appraiserblogs

Could it be because of the racial bias complaint filed against me by an unhappy Seller… Fannie Mae accomplished what they set out to do in July 2011, when they initiated their Uniform Appraisal Dataset (UAD) and the Uniform Collateral Data Portal. So what’s caused the sudden loss of income?

Sellers 126
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Elevated borrowing costs remain the top worry for homebuilders

Housing Wire

Additionally, the competition from existing home sellers was somewhat absent. Department of Housing and Urban Development. In 2011, only 13% of homebuilders worried about the cost of labor, versus 87% in 2019. An estimated 668,000 new homes were sold in 2023, 4.2% more than the figure of 641,000 in 2022, according to the U.S.

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Biden taps Julia Gordon to be FHA commissioner

Housing Wire

The Biden administration has nominated Julia Gordon to serve as federal housing commissioner at the Department of Housing and Urban Development. Gordon is an expert in federal policy related to homeownership, community development and the nation’s housing finance system.

Finance 395
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Opinion: FHA premiums and the elephant in the room

Housing Wire

Since the housing crisis, FHA premium policy has been more effective in “providing space for private capital” (as HUD referred to it in its FY 2011 Report to Congress ) than providing fairness and equity to FHA borrowers. or more than 2 ½ times the statutory level of 2%. .

Insurance 390
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Are new home sales flagging a recession?

Housing Wire

I know some people don’t agree with me on this, but the price gains in both the existing home and new home sales sector show that homebuilders and sellers had too much pricing power and needed to be checked. Census Bureau and the Department of Housing and Urban Development. The only time this has happened was the 2006-2011 period.