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FHA amends identifier requirement for lenders, other entities seeking government business

Housing Wire

government that is designed to help manage and support the basic functioning of federal agencies. FHA is implementing this government-wide requirement at the direction of the GSA.” The GSA is a wing of the U.S. In ML 2022-14 , the original guidance described the need for a UEI as an important compliance measure. “An

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FHA increases multifamily large loan threshold

Housing Wire

This marks the first major increase to the threshold since 2014. The review schedule and loan threshold changes are designed to “simplify underwriting for multifamily housing development without presenting undue risk to FHA,” the agency said, and to allow for regular adjustments in response to market changes.

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The secondary market comes to the rescue…again

Housing Wire

Ben Bernanke, the former chair of the Federal Reserve, the central bank of the United States, who served from 2006 to 2014, was tasked with responding to the massive impact of the crisis. This unconventional monetary policy is designed to encourage lending and investment, adding money back into the economy and lowering interest rates.

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Movement taps Brady Yeager for national sales director role

Housing Wire

He will oversee expansion across the country by bringing on new teammates and will add value to all sales teammates through strategic initiatives designed to drive volume, the company said in a statement. “As In his role as national sales director at Movement, Yeager will focus on the company’s growing sales team.

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Flagstar’s Courtney Thompson to speak at Spring Summit

Housing Wire

Prior to coming to Flagstar in 2014, Thompson had 15 years of consulting experience in the default arena. The 2021 Spring Summit is designed for our HW+ premium members, who get access to all HousingWire virtual events, long-form digital content published weekly, an exclusive Slack community and more.

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Beware of gloom and doom housing market crash headlines

Housing Wire

The last time we had a consistent downtrend in existing home sales was back in 2013-2014. During that same period, the MBA purchase application data were down 20% year over year on-trend in 2014. It is not designed to generate sensational headlines. It was more noticeable than what we saw in 2018. It is currently at 3.6

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Amy Wallick Sworn in by Massachusetts Association of REALTORS® as 2024 President

Lamacchia Realty

At the local level, she assumed the role of President for the North Shore Realtors in 2013 and received the Realtor of the Year award in both 2014 and 2018. She has held positions on the Executive Committee and the Board of Directors and has served as the Government Affairs Committee Chair for the Massachusetts Association of REALTOR®.