Housing Wire

AUGUST 11, 2023

It followed a Biden administration initiative launched in January urging housing providers and local governments to combat soaring rents. The group included the Mortgage Bankers Association , National Association of Home Builders , National Association of Realtors, National Multifamily Housing Council and the National Housing Conference.

Tenants 329

Tenants Government Landlords Finance 329

Housing Wire

FEBRUARY 7, 2024

1, 2023, the jointly development Uniform Property Dataset (UPD) for the government-sponsored enterprises (GSEs) became active and included a data standard for condos, according to the Selling Guide. The update also clarifies the qualifying interest rate for adjustable-rate mortgages (ARMs) with terms of 7 and 10 years, respectively.

Retail 375

Retail Project Management Insurance Landlords 375

Housing Wire

FEBRUARY 10, 2022

The government-sponsored enterprise saw a 20% growth in its single-family mortgage portfolio from 2020 to 2021, driven by soaring home prices and an increase in the average size of loans it acquired. In exchange, the landlord would use a platform to report on-time rent payments to the credit bureaus.

Landlords 389

Landlords Tenants Finance Government 389

Housing Wire

FEBRUARY 8, 2021

Roughly 5 million households did not make their rent or mortgage payments in December, and 3.5 million renters and homeowners feel at risk of losing their home, according to new research from the Mortgage Bankers Association. billion in missed mortgage payments in the fourth quarter of 2020 was down from the $19.4

Mortgage 450

Mortgage Landlords Inspection Government 450

Housing Wire

JUNE 11, 2021

The limits allow tenants to raise a defense in court if they file a form with their landlord stating that they cannot pay rent, have lost income due to the pandemic, and promise to make partial payments. In March, the Government Accountability Office found that the CDC’s eviction limits may have had little impact on filings.

Landlords 408

Landlords Tenants Government Realtors 408

Housing Wire

SEPTEMBER 28, 2022

The absence of sufficient credit history reduces a renter’s ability to access housing in higher-opportunity neighborhoods, obtain a mortgage, and attain lower-cost credit, such as auto loans and education financing.”. Renters who miss a payment are automatically unenrolled to preserve their credit score. They can also opt out of the program.

Landlords 392

Landlords Tenants Finance Government 392

Housing Wire

DECEMBER 22, 2021

Utilities, telecommunications and rent payment data ought to be used in mortgage underwriting, especially since federal regulators say they are focused on improving racial equity and may update their credit scoring models. However: collecting rent payment data is hard since there are 10 million smaller landlords, which make up 44% of the U.S.

Landlords 390

Landlords Architecture Finance Mortgage 390

Housing Wire

SEPTEMBER 6, 2022

Over the past year, the Federal Housing Finance Agency (FHFA) and government-sponsored entities (GSEs) Fannie Mae and Freddie Mac have committed to exploring innovative ways to expand homeownership access safely and securely. This charge couldn’t come at a better time. Understanding the language of cash-flow data.

Landlords 410

Landlords Finance Technology Mortgage 410

Housing Wire

NOVEMBER 21, 2023

This groundbreaking state-specific law mandates that landlords who own or operate such properties offer their tenants the option to have their rental payments reported to credit bureaus. Unlike homeowners who build their credit with mortgage payments, renters have been left without this avenue to enhance their credit profiles.

Tenants 384

Tenants Law Landlords Development 384

Housing Wire

AUGUST 5, 2020

Landlords are going to start feeling the burn if a wave of missed payments come through. The most common form of assistance, NAR said, was from landlords allowing tenants to miss months worth of rent payments. Landlords offered rent payment options to 64% of respondents, and 36% said they weren’t offered anything.

Landlords 422

Landlords Tenants Realtors Housing Market 422

Housing Wire

DECEMBER 7, 2021

More than five million households failed to make their rent or mortgage payments in October, an increase compared to the same period of 2020, and a concern for mortgage servicers. of homeowners missed their mortgage payment in October, up from 3.2% billion, and missed mortgage payments totaled $83.9 million to 5.43

Landlords 416

Landlords Insurance Government Mortgage 416

Raleigh Realty

MARCH 29, 2021

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Housing Wire

JANUARY 27, 2023

The federal government and numerous federal agencies will take action on these and other issues outlined in the blueprint. The administration said it will also launch the “resident-centered housing challenge,” which leans on housing providers and state, local and tribal governments to expand access to housing through stronger policies.

Tenants 374

Tenants Landlords Finance Government 374

Housing Wire

NOVEMBER 6, 2023

These discriminatory practices were written into community covenants and passed down from local government to local government until 1968, when the Fair Housing Act was passed. Mortgage lending has rules too If you are a real estate agent who is also a mortgage professional, there are fair lending practice guidelines that apply to you.

Real Estate Agent 417

Real Estate Agent Law Real Estate Agents 417

Housing Wire

JULY 28, 2022

billion, a 33% year-over-year decline, as it grapples with the mortgage sector’s vulnerability to fluctuations in interest rates. The smaller of the two government-sponsored enterprises now has a net worth of $34.1 The rate for a thirty-year mortgage was 3.01% at the end of September 2021, and this week reached 5.3%

Landlords 360

Landlords Investors Investing Mortgage 360

Housing Wire

MARCH 1, 2023

These losses – both insured and uninsured – have traditionally been borne by homeowners, renters, landlords, builders, and property & casualty insurance companies. However, as the frequency and severity of natural hazards continues to increase, there is so much more that needs to be considered.

Insurance 338

Insurance Supply Chain Design Government 338

Housing Wire

MARCH 20, 2024

He said this would serve to have the effect of lowering their mortgage rate by roughly 1.5%. That’s going to save folks as much as $1,500 — the federal government can afford to do that,” Biden said of the title insurance proposal. “In The full speech by President Biden on housing, given in Las Vegas on March 19.

Realtors 396

Realtors Insurance Construction Landlords 396

Eppraisal

MARCH 14, 2023

To help struggling workers, the federal, state and local governments instituted programs that provided financial relief. Centers for Disease Control (CDC) issued a moratorium on all evictions by landlords of renters for non-payment. How Did Landlords Fare during the Moratorium? In an action without precedent, The U.S.

Landlords 36

Landlords Tenants Home Value Government 36

Housing Wire

JUNE 30, 2021

The CDC’s moratoriums “shifted the pandemic’s financial burdens from the nation’s 30 to 40 million renters to its 10 to 11 million landlords — most of whom, like applicants, are individuals and small businesses — resulting in over $13 billion in unpaid rent per month,” the plaintiffs’ lawyer told the justices.

Landlords 253

Landlords Real Estate Agent Real Estate Government 253

Housing Wire

JULY 23, 2021

Bill Killmer, the Mortgage Bankers Association’ s senior vice president for legislative and political affairs, described g-fee increases as a “zombie pay-for that roams the earth.”. The spectre of raising g-fees horrified industry stakeholders.

Landlords 430

Landlords Government Tools Realtors 430

Housing Wire

OCTOBER 4, 2023

Mortgage rates — which have been well above 7% and approaching 8% this week — are adding to the unaffordability of much of today’s housing stock. These market conditions in the for-sale segment have had a real and direct impact on the rental market as both are directly linked. There is some hope for more balance to come.

Agents 391

Agents Tenants Real Estate Agent Construction 391

Housing Wire

APRIL 6, 2021

The federal government could quickly incentivize owners of existing homes to sell using one or a combination of carrot-based or stick-based approaches. Instead of just bolstering demand, policies that focusing on increasing supply – such as tax incentives that encourage owners to sell and builders to build – is what the U.S.

Inventory 544

Inventory Housing Market Marketing Landlords 544

The Robert Weiler Company

JANUARY 7, 2021

However, not every prospective tenant fits the type of tenant the landlord is looking for, such as business standing, financial situation, etc. Lessees don’t always realize that some office space lease terms are negotiable; landlords and lease brokers often want to keep it that way. As such, there is a lot of competition.

Landlords 148

Landlords Tenants Real Estate Law 148

Housing Wire

APRIL 25, 2022

In Spokane, Washington, a mortgage loan officer at a regional bank has seen five borrowers qualify for a mortgage for one amount, only to have that number slashed a few months later. For those hoping to buy a home with a mortgage, property tax increases can reduce their debt-to-income ratio, and thus the amount they qualify for.

Property Taxes 404

Property Taxes Government Appraisal Valuation 404

Housing Wire

AUGUST 9, 2020

The single executive order was touted by Trump as an extension of the eviction moratorium in the CARES Act that expired in July, but it only directs various federal departments and agencies to “consider” and “review” ways to keep renters in homes using existing government programs.

Landlords 434

Landlords Tenants Government Development 434

Housing Wire

APRIL 4, 2024

Jessica Morton, senior counsel at the Democracy Forward Foundation , explained during a session on CRA rules that the lawsuit — filed under the Administrative Procedures Act (APA), which governs how agencies can use the authority delegated from the Congress to write rules — challenges the concept of community.

Modernization 224

Modernization Law Legal Landlords 224

Housing Wire

SEPTEMBER 20, 2022

With fewer families able to become homeowners, they remain in the rental market instead, pushing up the rents that landlords can charge in general. But government subsidies are helping institutional investors beat out aspiring families — making the American Dream less attainable, rather than more.

Investors 392

Investors Landlords Inventory Buyers 392

Housing Wire

AUGUST 10, 2020

However, it does not explicitly extend the eviction moratorium outlined in the CARES Act – instead directing federal departments and agencies to “consider” and “review” ways to keep renters in homes with existing programs and locally governed eviction moratoria.

Landlords 424

Landlords Tenants Realtors Government 424

Housing Wire

JUNE 21, 2022

Yes, there are some government programs that provide construction components on permanent loans, but they are not ideal for inexperienced home buyers. That way the homebuyer can get a straightforward, relatively inexpensive 30-year mortgage to finance their purchase.

Investors 388

Investors Renovations Inspection Government 388

Eppraisal

NOVEMBER 22, 2022

When all the numbers are crunched, landlords who reserve some or all of their units for low to medium-income individuals and families can actually realize significant financial gain. In return, the government will credit the landlord for lower rents toward their tax obligations or pay them to offset any loss of income.

Investing 68

Investing Landlords Tenants Investors 68

Housing Wire

APRIL 14, 2023

Neighborhoods are subject to the choices of developers, municipal governments and other outside groups. Concepts like getting a mortgage, taking out a line of credit, buying and selling a property and becoming a landlord are rarely part of classroom discussions or dinner-table conversations, unless your family happens to be in real estate.

Real Estate 321

Real Estate Law Development Business 321

Housing Wire

JUNE 25, 2021

Under HUD’s previous disparate impact rule enacted by President Barack Obama, lenders, landlords and other housing providers could be held liable for discrimination against protected classes, even if it was not their intent to discriminate. The use of disparate impact was challenged all the way up to the U.S.

Legal 346

Legal Housing Market Landlords Development 346

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Housing Market 540

Housing Market Inventory Mortgage Marketing 540

Housing Wire

APRIL 28, 2022

The pace of purchase-loan originations as well as transactions in the private-label securities market started to slow by the second quarter of this year as interest rates continued to spike, according to mortgage industry experts. Many of the mortgage loans traded through MAXEX’s platform find their way into PLS transactions.

Investors 287

Investors Marketing Investing Inventory 287

Housing Wire

JANUARY 20, 2021

rushes to inoculate the current global health crisis, the real estate and mortgage finance industries are facing their second wave of significant industry headwinds in little over a decade. Other countries, including England, have developed digital national systems for processing and recording mortgage and property transactions.

Renovations 399

Renovations Law Development Real Estate 399

Hank Miller Team

MARCH 9, 2022

The government handouts intended to assist landlords were either pilfered or languished at the state level; few received assistance. This destroyed many smaller individual investors as the majority of landlords are small investors with 1 to 5 homes. Build to Rent While some investors buy and flip, many are becoming landlords.

Real Estate 98

Real Estate Landlords Investors Buyers 98

Housing Wire

JULY 22, 2022

Non-QM lender First Guaranty Mortgage Corp. Sprout Mortgage imploded in early July, leaving its employees out in the cold. The Flagstar text message leaked to the media in mid-July confirmed, going forward, funding advances for non-QM mortgages will require advance approval by the lender’s warehouse lending arm.

Lending 355

Lending Mortgage Housing Market Marketing 355