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HUD affordability plan doesn’t include lowering FHA premiums

Housing Wire

Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. Another area of focus for the administration is improving its financing for manufactured housing.

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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. based consultancy Potomac Partners , which specializes in the mortgage finance industry. “To The FHA’s Mutual Mortgage Insurance fund, meanwhile, is in stellar shape.

Insurance 430
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Investors turn their eyes to affordable housing opportunities

Housing Wire

We’re seeing statistics from our developers across the country that their portfolios are holding up well,” he said. There’s a growing sense that affordable housing is a stable investment class for banks and insurance companies; even in the 2008 – 2009 recession, it held up well.”.

Investors 416
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Opinion: Fannie Mae’s title insurance pilot program overreaches

Housing Wire

Unfortunately, one of the proposals the President mentioned in the SOTU was to revive a previously discredited and shelved pilot program that would waive the requirement for lender’s title insurance on certain refinances by Fannie Mae. By law it is not an insurer nor is it capitalized or regulated to do this. million in claims.

Insurance 419
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Inclusive ‘Living Conditions’ Study Ranks Fla. No. 6

Empire Appraisal Group

To help answer that question, a personal-finance website, WalletHub, released a comprehensive report on 2023’s Best States to Live In. Shelton Weeks, professor and director of the Lucas Institute for Real Estate Development & Finance, Florida Gulf Coast University. “In points) Share of insured population: full weight (~1.74

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

They are also used to assess the value of the home for home improvement loans and insurance evaluations. Mortgage financing and refinancing. Valuation for insurance claims. Local amenities – how close is the home to hospitals, schools, shops and public transport corridors? Future potential for development of the home.

Appraisal 105
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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

The top five non-QM lending companies (according to Scotsman Guide) are Fairway Independent, Angle Oak lending, Guaranteed Rate, CoreVest Finance, and Acra Lending. Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs.