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Analyst: HMBS 2.0 developments should benefit reverse mortgage industry

Housing Wire

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0

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Coldwell Banker CEO highlights crucial role of communication skills for agent development

Housing Wire

In this fireside chat, Velt and Lane explore her approach to leadership, Coldwell Banker’s unique focus on agent development and its training program that is designed to teach effective communication. This interview has been edited for length and clarity. What’s your 30-second elevator speech?

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UC Davis researcher and caregiver spearheads tech to connect older adults with family

Housing Wire

Alyssa Weakley — a clinical neuropsychologist, researcher and a caregiver to an older adult — has assisted in the creation of a technology platform that is designed to more easily connect older adults with their family members and caregivers to better support aging-in-place goals. There are six core functions that it relies upon.

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Florida has built 77,000 new homes in high-risk flood areas

Housing Wire

Developers continue to build in these areas with few obvious signs of slowing, the story said. “La Since 2019, the state of Florida has built more than 77,000 new properties in areas with a high risk of flooding. Homes built in high-risk flood zones contribute significantly to the total. A lot of times that’s not happening right now.”

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HUD announces $175M funding opportunity for rental construction, renovation

Housing Wire

Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homelessness ,” the department explained.

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The Southern housing markets poised to become boomtowns

Housing Wire

Using growth indicators that measure upcoming construction and development, southern metros take eight spots in the top 10 list. in builder/developer land, 4% in recent build and 1.1% Southern housing markets have dominated growth lists over the last few years, and a report by CoreLogic today shows Southern markets are still hot.

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HUD announces new aid for Maui, Native Hawaiians

Housing Wire

Department of Housing and Urban Development (HUD) announced a series of new relief measures for residents of the state of Hawaii. The announcement was made by Marion McFadden, HUD principal deputy assistant secretary for community planning and development, as she was touring the island of Maui. HUD awarded $6.9 HUD awarded $6.9

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