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Fannie Mae extends Positive Rent Payment pilot program through December 2024

Housing Wire

As part of the extension and to encourage adoption, Fannie Mae will cover the cost for property owners who enroll in PRP through the extension period. The program was launched in the fall of 2022, and helps renters build their credit history and improve their credit score as they prepare to enter the housing market or find a new rental.

Finance 450
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White House, HUD and CFPB detail new actions and priorities to protect renters

Housing Wire

Department of Housing and Urban Development (HUD), the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) have all renewed their efforts to protect tenants renting in multifamily housing units as costs continue to climb, according to an announcement from the White House. “[HUD],

Tenants 369
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Making Your First Home Purchase Choice

Cleveland Appraisal Blog

Cleveland Appraisal Blog is full of helpful information. Young couples or families choose a starter home since they’re most affordable for them and a chance to build equity in order to purchase their dream home later. 3 disadvantages of purchasing a starter home first: A feeling of it being temporary housing. Image by Pexels.

Appraisal 298
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The state of the homebuilding market

Housing Wire

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. With continued supply chain disruption, cost increases and fear of inflation , the market has felt tenuous at best. 2022 marked a unique time for homebuilders.

Marketing 473
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Fannie Mae and Freddie Mac expand plans for equitable housing

Housing Wire

Fannie Mae and Freddie Mac announced on Wednesday new updates to their equitable housing finance plans, which outline the expansion of accessible and affordable housing available to underserved communities. But we are committed to making a fundamentally fairer and more equitable future for housing.”

Finance 384
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Tips for Moving Out of State: Here’s What You Need to Know for Your Big Move

Cleveland Appraisal Blog

Visit the Cleveland Appraisal Blog for expert advice and assistance. In recent years, with the advent of remote work, many are moving to different states. This week, I welcome back guest writer June Duncan who shares some tips for those planning on moving out of state. Here are some tips you can use to make the transition easier.

Appraisal 342
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Why You Should Hire Professionals to Measure Your Home

Cleveland Appraisal Blog

They are aware of the best places to take measurements Each level of the house was meticulously measured using data collected from the building’s exterior. They are aware of the best places to take measurements Each level of the house was meticulously measured using data collected from the building’s exterior.