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Congress passes spending bills to avoid shutdown, adds to Ginnie Mae budget

Housing Wire

Other departments benefiting from the allocation include Veterans Affairs (VA), as well as agriculture, interior, transportation, justice, commerce and energy, according to reporting from The Hill. It allocates $450 billion in funding for several departments, including the U.S. Department of Housing and Urban Development (HUD).

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An inside look at the latest trends in housing regulation and policy, featuring the 2022 Vanguard Honoree, Armando Falcon

Housing Wire

This is the result of several forces: the Fed’s anti-inflation policy; the rapid deceleration in lending that’s resulted in a 40% drop in applications; the rising cost of mortgage production, which has now broken the $10,000 per loan threshold; and the continued drive towards digitization in mortgage lending. Because I am.

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Biden’s plan to fix housing supply depends on Congress

Housing Wire

One measure would continue a novel policy at the Department of Transportation to give jurisdictions that promote density and rural main street revitalization higher scores in competitive federal grant processes. Under Biden’s plan, HUD will also increase the “usability” of its lending for manufactured housing.

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The surprising future of mortgage technology

Housing Wire

Lending technology out of focus. However, the back-office efficiencies that were supposed to result from collecting all of the borrower’s financial information into the loan origination system (LOS) electronically – a revolutionary result of the application of big data principles to the mortgage lending lifecycle – never materialized.

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 10 Critical metrics to track in a purchase market

Housing Wire

Transport yourself back to 2019. Now, after two years of drinking from a firehose, mortgage lenders must pivot once again to succeed in the vastly different lending landscape that lies ahead. It’s 9 a.m. You are suited, showered and seated behind a desk in a bustling office. In March 2020 all of that changed. trillion in U.S.

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How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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What is a borrower intelligence platform?

Housing Wire

Later that decade, the introduction of mortgage point of sale (POS) platforms again transformed the industry, ushering in the term ‘digital mortgage’ and modernizing the loan application and origination experience for borrowers. Thus, adapting the customer intelligence platform for lending has been a relatively recent endeavor.