Tag: credit

Builder Credit Tightens on Virus Concerns

Filed in Economics, Housing Finance by on May 14, 2020 1 Comment
Builder Credit Tightens on Virus Concerns

For the first time since 2012, builders and developers reported tighter credit conditions on loans for land acquisition, development and single-family construction (AD&C) in NAHB’s AD&C financing survey for the first quarter of 2020. Most builders reported that lenders are pulling back because of coronavirus concerns.

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Senate-Passed Banking Bill Could Ease Tight Credit Conditions

Filed in Advocacy by on March 15, 2018 2 Comments
Senate-Passed Banking Bill Could Ease Tight Credit Conditions

NAHB commended the Senate for passing bipartisan legislation yesterday that would help ease tight credit conditions that are hindering the momentum of the housing industry.

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Credit Conditions Ease for Builders in 2nd Quarter

Filed in Housing Finance by on August 30, 2016 1 Comment
Credit Conditions Ease for Builders in 2nd Quarter

NAHB’s quarterly survey of builders and developers revealed that credit conditions for acquisition, development and single-family construction loans were easier in the second quarter of 2016 compared to the first quarter.

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Regulators Call for Prudent Multifamily Lending

Filed in Codes and Standards, Housing Finance, Multifamily by on December 18, 2015 0 Comments
Regulators Call for Prudent Multifamily Lending

Federal regulators today issued a joint statement calling on financial institutions to be cautious as it relates to commercial real estate lending, including multifamily loans.

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FHA Implements Supplemental Performance Metric to Boost Credit

Filed in Housing Finance by on August 18, 2015 0 Comments
FHA Implements Supplemental Performance Metric to Boost Credit

The Federal Housing Administration announced on Aug. 17 that it has implemented a new Supplemental Performance Metric designed to help more qualified home borrowers with sub-680 credit scores to obtain access to credit.

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FHA Extends Effective Date for Single-Family Policy Handbook

Filed in Codes and Standards, Housing Finance by on May 4, 2015 0 Comments

The Federal Housing Administration has extended the effective date for the policies contained within its new Single-Family Housing Policy Handbook from June 15 to Sept. 14.

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Builders Rate their Biggest Challenges

Filed in Economics by on May 3, 2015 1 Comment
Builders Rate their Biggest Challenges

In a special January survey, builders ranked the most significant problems the industry is expected to face in 2015.

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Find New AD&C Financing Sources through NAHB

Filed in Housing Finance, IBS by on March 4, 2015 1 Comment
Find New AD&C Financing Sources through NAHB

A lack of available acquisition, development and construction (AD&C) financing continues to be a challenge for many NAHB members. That’s why NAHB Housing Finance created the Financing Sources Web page.

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Regulators Act to Loosen Tight Credit Spigot, Boost Home Sales

Filed in Codes and Standards, Housing Finance by on October 21, 2014 1 Comment
Regulators Act to Loosen Tight Credit Spigot, Boost Home Sales

U.S. financial regulators this week announced separate actions that should boost the housing market and home sales by enabling more creditworthy borrowers to access home loans.

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Restrictive Lending Standards Still Affecting Home Sales

Filed in Economics, Housing Finance by on October 9, 2014 6 Comments
Restrictive Lending Standards Still Affecting Home Sales

Tight mortgage lending standards continue to affect sales for single-family builders across the nation, according to a new NAHB survey.

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