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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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Cedar secures $3M in seed funding to help developers locate urban land

Housing Wire

Real estate software development company Cedar announced this week that it has secured $3 million in seed funding to create a product that would help developers locate urban infill properties for potential development into housing.

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Lone Wolf launches new tools designed to help buyer agents

Housing Wire

The real estate software company is launching a “Buyer’s Agent Club” that is designed to assist agents in navigating an uncertain time in the industry through resources, tools and training. On the Buyer’s Agent Club website, the company claims it will help agents find more buyer leads and develop techniques for negotiating commissions.

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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.

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HUD establishes key LIHTC parameters for 2025

Housing Wire

Department of Housing and Urban Development (HUD) this week established Difficult Development Areas (DDAs) and Qualified Census Tracts (QCTs) for the Low-Income Housing Tax Credit program in 2025. DDAs are areas with high construction , land and utility costs when compared to an area’s median gross income (AMGI).

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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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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.