Housing Finance

Trump Signs Bill Into Law that Abolishes VA Loan Limits

Trump Signs Bill Into Law that Abolishes VA Loan Limits

President Trump has signed a veterans health bill into law that also abolishes the conforming loan limits on VA loans beginning Jan. 1, 2020 for veterans who do not have an outstanding loan guaranteed by the Department of Veterans Affairs.

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Alaska Building Pros Learn the Ins and Outs of Green Building Valuation

Alaska Building Pros Learn the Ins and Outs of Green Building Valuation

A home’s green-building features can be tricky to value appropriately if the appraiser isn’t adequately equipped with the proper knowledge and tools to understand these components and how they impact the value of a home.

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CFPB Releases FAQs on Disclosure for Construction Loans

Filed in Construction Industry, Housing Finance by on June 6, 2019 0 Comments
CFPB Releases FAQs on Disclosure for Construction Loans

The Consumer Financial Protection Bureau (CFPB) last week published the first set of Frequently Asked Questions on the TILA-RESPA Integrated Disclosure, or TRID Rule, as it applies to construction loans.

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House and Senate Introduce Bipartisan Bills to Improve Low-Income Housing Tax Credit

Filed in Capitol Hill, Housing Finance, Multifamily by on June 4, 2019 2 Comments
House and Senate Introduce Bipartisan Bills to Improve Low-Income Housing Tax Credit

After months of work by NAHB’s Housing Credit Group members, legislation has been introduced in the House and Senate to improve the Low-Income Housing Tax Credit, as well as provide it with additional resources.

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FHA Proposes Clarification for Lenders to Increase Program Participation

Filed in Housing Finance by on May 10, 2019 0 Comments
FHA Proposes Clarification for Lenders to Increase Program Participation

The Federal Housing Administration (FHA) announced on May 9 that it is proposing several revisions to its lender certification requirements with the goal of providing lenders and servicers greater certainty in how to satisfy the agency’s compliance requirements.

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FHA Significantly Cuts Costs for Opportunity Zone Investors

Filed in Housing Finance, Multifamily by on May 9, 2019 0 Comments
FHA Significantly Cuts Costs for Opportunity Zone Investors

The Federal Housing Administration (FHA) announced today that it is reducing fees to provide greater incentives for multifamily developers to invest in Opportunity Zones across the nation.

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NAHB Podcast Offers New Insights on Housing Economics

NAHB Podcast Offers New Insights on Housing Economics

On this week’s episode of Housing Developments, NAHB Chief Economist Robert Dietz shares his 2019 economic forecast for the industry and what the recent change in the NAHB/Wells Fargo Housing Market Index means for builders.

NAHB CEO Jerry Howard and guest host Paul Lopez, VP of Communications & Public Affairs, also discuss Mark Calabria’s confirmation as director of the Federal Housing Finance Agency, housing finance reform and the state of the labor force.

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Momentum Builds for Housing Finance Reform Plan With Proper Federal Support

Filed in Capitol Hill, Housing Finance by on April 15, 2019 0 Comments
Momentum Builds for Housing Finance Reform Plan With Proper Federal Support

NAHB continues to play a pivotal role in the housing finance reform debate, as CEO Jerry Howard attended today’s swearing-in ceremony of Mark Calabria as the new director of the Federal Housing Finance Agency. The Wall Street Journal today also published an NAHB letter to the editor that shows why a proper level of federal support is needed for the nation’s mortgage markets.

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NAHB Congratulates Mark Calabria as New FHFA Director

Filed in Housing Finance by on April 4, 2019 0 Comments
NAHB Congratulates Mark Calabria as New FHFA Director

Mark Calabria brings considerable housing finance experience to the job. NAHB looks forward to working with him to advance comprehensive housing finance reform.

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Lower Mortgage Rates Bolster Market Activity

Filed in Economics, Housing Finance by on April 3, 2019 0 Comments
Lower Mortgage Rates Bolster Market Activity

Mortgage rates dropped for the third straight month in February, with the 30-year fixed-rate mortgage (FRM) commitment rate decreasing to 4.37% from 4.46% in January. As a result, lending interest has increased, as more borrowers are likely to be eligible.

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