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White House details wide-ranging priorities designed to boost housing supply

Housing Wire

Such initiatives include changing certain zoning laws, financing more affordable and energy-efficient housing units and funding research on the topic of commercial-to-residential conversions. Department of Transportation , aimed more squarely at existing zoning law. In this week’s series of initial announcements, the U.S.

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New Jersey bill seeks to require face-to-face counseling for reverse mortgages

Housing Wire

In-person hurdles An in-person counseling requirement remains law in Massachusetts, which contributed to the halting of reverse mortgage business throughout the state at the onset of the COVID-19 pandemic due to stay-at-home orders handed down by then-Gov. “Not just those who support my bill but also those that oppose it.

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What Impact Will the Infrastructure Bill Have on the Housing Crisis?

Appraisal Buzz

A significant indirect influence comes with the infrastructure bill signed into law in November 2021. The good news is that a recently passed law may indirectly change the real estate market for the better. In November of 2021, President Joe Biden signed a bipartisan infrastructure bill into law. The Current Housing Crisis.

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Opinion: Fannie Mae’s title insurance pilot program overreaches

Housing Wire

By law it is not an insurer nor is it capitalized or regulated to do this. Preserving affordable housing is also important because it improves access to healthcare, transportation, jobs and vibrant communities. According to the proposal, lenders will pay Fannie Mae a fee to cover the risk if there is an unexpected title defect.

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Pros and cons of buying out-of-state rental property in 2022

Housing Wire

The laws may be different. You may be familiar with the laws in your area regarding rental homes and real estate, but they may differ in other states or localities. In some areas, they want proximity to the largest city, and others wish to access schools, stores, churches, gyms, and transportation. Proximity to Amenities.

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Boston suburb works to comply with new state multifamily construction law

Housing Wire

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. However, the debate in Newton could be more contentious than in other parts of the state, according to the Globe.

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The obstacles to a digital mortgage are changing – Here’s what lenders need to know

Housing Wire

banking, shopping, transportation). There are 39 states that have passed RON laws. Lenders realize the value of giving their customers the same kind of convenient digital experience that they receive in other aspects of their lives (e.g., They also realize that if they don’t provide this experience, larger national retail lenders will.

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