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HUD aims to help protect communities from extreme heat

Housing Wire

Department of Housing and Urban Development (HUD) on Wednesday announced new initiatives to bolster community protections against severe heat, an issue that has become more common nationwide. Historically underserved communities are even more vulnerable,” Adrianne Todman, HUD acting secretary, said in a statement.

Insurance 441
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NAF’s Gatling: Recognize that diverse communities are the norm

Housing Wire

The way that someone refers to the concept of diverse communities in their interactions with consumers and housing professionals can be a key indicator about their mindset. We’re calling everyone ’minorities,’ when in reality, we just have diverse communities,” she said. “As I don’t typically talk about ’prequalification.’

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First Community Mortgage selects Blue Sage platform to scale business

Housing Wire

Tennessee-based multichannel mortgage lender First Community Mortgage announced on Wednesday that it has selected the Blue Sage Solutions digital lending platform and its LION Consumer POS to help scale its growth efforts across the 48 states it operates in.

Business 421
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Master planned communities post strong new home sales numbers in 2023

Housing Wire

Despite high mortgage rates , master planned communities (MPCs) did well in 2023. As a point of comparison, in the benchmark year of 2019, 31,000 new homes were purchased in the top 50 master planned communities. The thoughtful design and selection of community amenities contribute to the appeal for buyers.”

Buyers 458
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CFPB report finds state community reinvestment laws can go beyond federal version

Housing Wire

The Consumer Financial Protection Bureau (CFPB) this week published a report analyzing state-level community reinvestment laws and ways they promote reinvestment activities for entities including mortgage companies.

Law 420
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Closing the gap: Increasing homeownership among diverse communities

Housing Wire

Moreover, the outlook for individuals from minority communities is even more bleak. As a result, individuals from underserved communities were denied the same wealth-generating opportunities. Increasing the homeownership rate — particularly among diverse communities — is a marker of progress for our country.

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Opinion: why real estate agents should serve their community

Housing Wire

The importance of giving back to the community has never been more crucial or weighted with as much importance by the business world as right now. Real estate agents and business leaders play a pivotal role in improving the cities in which they operate, making community service an essential value to their professions.