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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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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. Entering the fourth quarter of a chaotic year, consumers appeared to be managing their finances with common sense, as much as they could.

Investors 432
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DataDigest: Construction costs easing for homebuilders

Housing Wire

Transportation and warehousing services peaked around 150 in May of 2022 and has fallen slightly in most proceeding moths, landing at 130 last December. Despite continued materials price moderation and other positive developments regarding inflation, the outlook is not without risks,” he wrote.

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LIBOR is being phased out in 2021. What now?

Housing Wire

The most viable replacement is the Secured Overnight Financing Rate (SOFR) index, which has been recommended by the Alternative Reference Rates Committee (ARRC) and endorsed by the New York Federal Reserve. How are lenders proceeding, then? SOFR is not a perfect index, but it appears to be the closest substitute.

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FHA borrower fee gridlock draws ire of industry

Housing Wire

-based consultancy Potomac Partners , which specializes in the mortgage finance industry. “To Income from FHA premiums go into the general Treasury fund when Congress passes a Transportation and HUD appropriations bill. To use the budget in this way is the Washington equivalent of: ‘My dog ate my homework,’” Chappelle said.

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Advantages of Starting Your Business in Cleveland

Cleveland Appraisal Blog

You’ll find food, utilities, transportation, and housing are all affordable. Here are a few of the highlights: Ohio Office of Community Development offers Community Development Finance. Read on to find out more about Cleveland and why it’s great for entrepreneurs. Take advantage of a low cost of living.

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8 Factors to Consider When Changing Schools

Lamacchia Realty

Education is perhaps one of the most influential factors of a child’s development and it’s important to research the school systems in each of the towns or cities you are considering moving to. The curriculum plays a crucial role in shaping your child’s education and development. Will they use public transportation?