Housing Wire

JULY 14, 2022

This narrative was once again repeated in the HousingWire article announcing the FHA first-look program: “Typically, FHA-insured foreclosed properties are snatched up by large investors and turned into rental properties.”. The role of renovators. Most of these reverted REOs are eventually sold via the Multiple Listing Service (MLS).

Renovations 329

Renovations Investors Buyers Retail 329

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

Inventory 377

Inventory Renovations Supply Chain Buyers 377

The Robert Weiler Company

JULY 18, 2021

Property owners include individuals, LLCs, families, large corporations, insurance companies, financial institutions, government, real estate investment trusts, and religious institutions. Ari Afshar, Founding Agent at Compass and Member of the Forbes Real Estate Council: Invest in properties near renovated buildings. Source: [link].

Real Estate 148

Real Estate Investing Investors Renovations 148

Appraisal Today

NOVEMBER 3, 2023

18, 2021, and March 31, 2023, the OIG conducted an audit focusing on FHFA’s supervision of Fannie Mae’s and Freddie Mac’s use of desktop appraisals. Definitive numbers are difficult to come by since the Department of Housing and Urban Development (HUD) has failed to respond to public record requests on this question. Between Oct.

Appraisal 76

Appraisal Contracts Architecture Mortgage 76

The Robert Weiler Company

JULY 6, 2021

Research : Also coined in the industry as “flex,” flex space is utilized for research and development to design new products. Just as there are two sides of a spectrum in residential real estate with new development and house flippers, characteristic types exist similarly in industrial space for rent.

Logistics 147

Logistics Tenants Real Estate Modernization 147

Housing Wire

APRIL 27, 2023

And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal. The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.”

Renovations 282

Renovations Investing Real Estate Marketing 282

Appraisal Today

APRIL 21, 2023

Brand your appraisal practice Make it easier for customers to send you referrals by developing a brand that they will remember. 2 Lenders require appraisers to carry E&O insurance because they routinely seek to hold appraisers responsible for loan losses. Here’s how to get referrals for your appraisal business.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

The Robert Weiler Company

SEPTEMBER 7, 2022

Four cities in Ohio are listed within the first 10 spots of the August 2021 “Top 20 Cities for Millennial Home Buyers” report from Clever. The State of Ohio ranks #10, overall, in CNBC’s “Top States for Business 2021” study to determine competitiveness — how intense the battle is between states for business and jobs.

Investing 78

Investing Business Real Estate Buyers 78

PennyMac

AUGUST 10, 2022

Department of Housing and Urban Development (HUD). Instead, they insure loans offered by private lenders. This insurance removes some of the risk for lenders, allowing them to offer lower credit score and down payment requirements. Mortgage Insurance. An FHA loan sounds like a loan that comes from the FHA, right?

Insurance 36

Insurance Buyers Mortgage Renovations 36

Housing Wire

OCTOBER 16, 2023

homeownership, alongside data detailing housing aid that has been provided since 2021. HUD will also continue to work on updates for its 203(k) Rehabilitation Mortgage Insurance Program. The White House on Monday announced a series of new initiatives designed to boost U.S. Tribes, the launch of a new pilot program at the U.S.

Design 454

Design Insurance Development Construction 454

Appraisal Buzz

SEPTEMBER 26, 2022

In 2021, more than 90% of builders reported backlogs and supply scarcity. These developed skinny towers as luxury condominiums. Less restrictive laws reduce developing costs and help with labor shortages, balancing prices in turn. Kick-staring transit-oriented development. The price of the items has risen as well.

Construction 195

Construction Supply Chain Buyers Retail 195

Will Springer Realtor

MAY 12, 2021

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 Among that group, 10% of current owners plan to put their homes on the market in 2021, translating into about 1.5 We are on the right track. million units.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Housing Wire

FEBRUARY 29, 2024

Department of Housing and Urban Development (HUD) on Thursday unveiled a series of new policies that are designed to boost housing supply and affordability across the country, according to HUD and White House officials. The new extension is estimated to create 38,000 additional units over 10 years, according to administration officials.

Design 413

Design Finance Insurance Tenants 413

Housing Wire

MAY 17, 2022

During her visits, one thing stood out to Golding, who served as the Department of Housing and Urban Development ’s principal deputy assistant secretary from 2015 to 2017. In March 2021, Fudge said that the agency had “no near-term plans” to change FHA’s mortgage insurance premium pricing. 2020 to Jan.

Insurance 316

Insurance Development Housing Market Mortgage 316

Housing Wire

MARCH 31, 2021

According to Biden, two million affordable homes and commercial buildings would be built and renovated over the next decade as part of the initiative. Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). How servicers can stay ahead of Biden’s potential regulatory changes.

Transportation 545

Transportation Construction Investing Law 545