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FHA borrower fee gridlock draws ire of industry

Housing Wire

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. Ed Golding, who was FHA commissioner from 2015 to 2017, said it’s “likely” budget issues are holding up a MIP reduction. “To In effect, it’s a tax on FHA borrowers.

Insurance 440
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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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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 An insurance company offered a good example of just how bad it has gotten. Now, home builders would need to construct as many as 1.2 We are on the right track.

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What Biden’s infrastructure plan does for housing

Housing Wire

Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). That tax hike would essentially roll back tax cuts from former President Donald Trump’s 2017 bill, which capped the amount of state and local taxes that could be deducted from federal income taxes at $10,000.