Housing Wire

DECEMBER 9, 2024

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

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Housing Wire

OCTOBER 17, 2024

The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA). FHFA Director Sandra Thompson lauded the development in a statement accompanying the report.

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Housing Wire

NOVEMBER 25, 2024

These include six “Develop the Developer” academies from Freddie Mac, with the goal to better address the capacity for housing development in rural areas. And Fannie Mae “will focus on enabling rural Community Development Financial Institutions to access secondary markets,” the FHFA explained.

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Housing Wire

OCTOBER 21, 2024

Developers continue to build in these areas with few obvious signs of slowing, the story said. “La Climate change is having a pronounced impact on the housing market, particularly when it comes to the accelerating risks of extreme weather events in areas that were already vulnerable to impact.

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Housing Wire

OCTOBER 24, 2024

Weaker demand from the local community developers buying at auction suggests continued weakness in the retail housing market into early 2025 given that those local community developers are anticipating retail market conditions about six months into the future,” Daren Blomquist, vice president of market economics at Auction.com, said in a statement.

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Housing Wire

AUGUST 29, 2024

Inclusionary zoning: Policies at the local, state, and federal levels that support affordable housing development and provide financial assistance to low-income families are essential for ensuring housing stability and affordability.

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Housing Wire

SEPTEMBER 10, 2024

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.

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Housing Wire

AUGUST 19, 2024

Those areas that I’m now developing I grew up in. I remember what it’s like to have slumlords,” said Jermaine Morgan, a Columbus, Georgia-based local community developer who purchases distressed property at auction. “I Collectively, local community developers like Jermaine significantly impact neighborhood stabilization nationwide.

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Housing Wire

DECEMBER 5, 2024

Step 4: Develop a recruitment and retention strategy Attracting and retaining top talent is critical to scaling your team. Offer training, mentorship, and career development plans to support long-term success. Action plan: Develop client-centric processes that make transactions seamless and stress-free.

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Housing Wire

OCTOBER 27, 2024

It prevents the development of a skilled workforce that can adapt to new technologies and market conditions. Employee input and engagement are crucial during the development and implementation phases. Change Management Develop robust strategies to manage the human side of technological change.

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Housing Wire

OCTOBER 18, 2024

The Council of Federal Home Loan Banks (FHLBanks) lauded this week’s release of a report from the Federal Housing Finance Agency (FHFA), which highlighted the banks’ growth in support of affordable housing and community development efforts in 2023. It also indicated that the banks gave $134.6

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Housing Wire

SEPTEMBER 16, 2024

This can create much confusion when developing and maintaining an emergency response plan. Develop and test plans Office buildings are mandated to develop emergency preparedness plans and conduct evacuation drills. So, how can these situations be handled in condo buildings or managed communities?

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Housing Wire

OCTOBER 16, 2024

Dubbed “HMBS 2.0,” the forthcoming program’s development was initially announced early this year before Ginnie Mae released a more detailed term sheet over the summer. But the industry itself also plays a role in policy development, which Valverde discussed while offering a possible timeline for a final term sheet.

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Housing Wire

NOVEMBER 11, 2024

While state-level ADU policies take aim at local rules that hamper ADU development, there’s still work to be done. Colorado’s HB24-1152 and Arizona’s SB 1415 followed the main tenets of what’s become a standard approach to stoking ADU development. That’s because impact fees can add up to more than enough to stifle ADU development.

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Housing Wire

SEPTEMBER 27, 2024

Department of Housing and Urban Development ’s (HUD) reliance on its legacy appraisal processing system, the Loan Application Management System,” FHA said in an informational notice. The agency cited a need to take a closer look at the development and implementation of this part of the platform to streamline its efficiency.

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Housing Wire

AUGUST 15, 2024

Department of Housing and Urban Development (HUD), last week filed a slew of new documents in their court case against Texas Capital Bank (TCB). The litigation is taking place in the midst of the development of a new HMBS program by Ginnie Mae, which the entire industry is watching closely. Attorneys for the U.S.

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Housing Wire

DECEMBER 20, 2024

Skills such as coaching, conflict resolution, and teammotivation are rarely developed through sales roles alone. How to develop leadership in the mortgage industry To address the leadership deficiency in our industry, we need to change how we approach promotions and leadership development. Heres how: 1.

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Housing Wire

SEPTEMBER 9, 2024

On a national level, housing sentiment was largely unchanged in August despite some positive developments for affordability, including a meaningful decline in actual mortgage rates and an uptick in home listings in certain markets, particularly in the Sunbelt,” Mark Palim, Fannie Mae’s vice president and deputy chief economist, said in a statement.

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Housing Wire

NOVEMBER 20, 2024

In August 2023 , the bank disclosed it was under investigation by the Department of Housing and Urban Development (HUD) after the nonprofit organization filed a complaint alleging violations of the U.S. Fair Lending Act. metropolitan areas from 2018 through 2021. HSBC has committed $10 million in loan subsidies, including $3.5

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Housing Wire

SEPTEMBER 9, 2024

This acquisition furthers our long-term plan of developing a full-service commission-free homebuying and financing technology platform powered by our proprietary AI technology and dedicated professionals,” Brent Miller, chief financial officer of reAlpha, said in a prepared statement.

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Housing Wire

JULY 16, 2024

Diane Yentel, president and CEO of the National Low Income Housing Coalition (NLIHC), released a statement that applauded the proposal as “historic” while also making a call to enact elements of the organization’s National Tenants Bill of Rights, which it developed in conjunction with other affordable housing advocacy organizations.

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Housing Wire

SEPTEMBER 11, 2024

In an email to partners on Tuesday, ICE said that it will be closing down the Encompass SDK (Software Development Kit) on the same day it sunsets the program’s Technology Partner Network, Total Quality Loan Services, PSDK and ePass.

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Housing Wire

NOVEMBER 1, 2024

Similar to the HousingWire TECH100, which celebrates the most innovative companies in mortgage and real estate tech, Tech Trendsetters highlights the individuals who are developing cutting-edge technology and leading innovation for their clients in these industries. This year, 75 honorees were selected. Take a look at the full list below.

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Housing Wire

OCTOBER 1, 2024

Once the analysis is complete, REcolorado’s leadership develops strategies based on the insights gained in the aforementioned cross-functional team meetings. Future developments are determined by users’ adoption rates of new releases and/or features. The success of Collective Intelligence has not gone unnoticed.

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Housing Wire

OCTOBER 23, 2024

I am driven to develop organizational cultures focused on customer service, competences, and skills. She will also guide MBA’s long-term investment strategies, some of which include technology ; diversity, equity and inclusion (DEI) initiatives; and workforce development. “I

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Housing Wire

DECEMBER 13, 2024

In addition to his executive committee appointment, Breault was also chosen alongside Greg Moore, the chief technology officer of Oregons Regional Multiple Listing Service (RMLS), for the open board seats for MLSs and Realtor associations.

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Housing Wire

OCTOBER 2, 2024

Zoning in America was developed and designed for racial segregation,” Dworkin told USA Today. Milton residents, however, contend that it’s not affordable housing they’re standing against as much as the scale of the proposed development and its unknown impact on the community. This is not a subtle tool.” I welcome it, I love to see it.

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Housing Wire

OCTOBER 23, 2024

Throughout the development process, we worked hand in hand with our staff to develop and perfect it. We’ve invested over $100 million in building the Rate Intelligence platform, including technical development and strategic partnerships to ensure this platform works for today’s mortgage market and future-proofs the industry.

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Mortgages Technology Loans Development 435

Housing Wire

NOVEMBER 26, 2024

Steve Irwin, president of the National Reverse Mortgage Lenders Association (NRMLA), lauded the development. Department of Housing and Urban Development (HUD) for federally backed reverse mortgages in 2024 was $1,149,825, which matched the FHFA’s high-cost limit and pushed the HECM lending limit above $1.1 million for the first time.

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Housing Wire

OCTOBER 8, 2024

As the housing market fluctuates, inventory levels are a critical factor for builders, developers and buyers. Those who have invested in prime locations can command higher prices or enter joint ventures with other developers looking to meet demand. Builders can also capitalize by securing quality lots in high-demand areas.

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Housing Wire

DECEMBER 12, 2024

Kessler also directed the implementation of several professional development several including the eight-month Texas Realtors Leadership Program. He boasts a track record of directing finances, planning and leadership development. Texas Realtors experienced growth across several key areas under Kessler’s leadership.

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Housing Wire

SEPTEMBER 4, 2024

The legislation also comes with a one-year freeze on the city’s system development charges, and fees have been reduced for certain permitting meetings. The council has begun exploring the establishment of new tax increment financing districts in these areas.

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Housing Wire

NOVEMBER 14, 2024

Your program should provide a foundation of technical skills but also help participants develop the soft skills they need to guide others effectively. These projects aren’t just practice; they’re the proving ground where leaders develop the confidence to move from learning to leading.

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Mortgages Development Industrial Staging 370

Housing Wire

OCTOBER 23, 2024

This partnership underscores Ohio REALTORS ‘ commitment to supporting its members through education and professional development. This partnership between Ohio REALTORS and HousingWire signifies a step forward for the continued development of market intelligence availability for real estate professionals in Ohio.

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Housing Wire

NOVEMBER 15, 2024

The promotion applies to select homes in various housing developments across multiple cities. Magnolia Ridge, one of the participating housing developments in the Greater Houston deal, is offering $7,500 to $7,500 off select homes , with a few of the homes seeing prices drop from $289,200 to $244,990 and $248,590 to $239,990.

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