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D.C., Chicago are top YIMBY cities for housing development

Housing Wire

metro areas that are embracing new development and “creating a more diverse and plentiful supply of homes.“ In tandem with data research firm MetroSight , Pacaso analyzed ZIP codes across the country during two five-year time periods: 2008 to 2012, and 2018 to 2022. 71.2%) and Chicago (54.3%). Washington, D.C.,

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The VA’s little-known program for Native American veterans

Housing Wire

from 2012 to 2021. The GAO’s report said that from 2012 to 2021, 91 loans were originated in Hawaii using the program. In the entire country, 180 loan originations resulted from the program from 2012 to 2021. The Department of Housing and Urban Development and the United States Department of Agriculture have similar programs.

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Mortgage Credit Availability Rises, But Challenges Remain

Appraisal Buzz

In March 2012, the index was benchmarked at 100. The recent growth in credit availability is encouraging, but the index is still hovering near 2012 lows. Base period and values for total index is March 31, 2012=100; Conventional March 31, 2012=73.5; Government March 31, 2012=183.5.

Mortgage 397
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Pending home sales data crushes housing bears

Housing Wire

As we all know, the housing sector has extremely well-developed yet untalented Americans calling for a housing crash during the years 2012-2021. My concern was that people would overreact to that sales moderation and not know how to make COVID-19 adjustments to data. My job has always been to show you why this wasn’t the case.

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Mortgage Credit Availability on the Rise 

Appraisal Buzz

In March 2012, the index was benchmarked at 100. The Conforming and Jumbo indices have the same “base levels” as the Total MCAI (March 2012=100), while the Conventional and Government indices have adjusted “base levels” in March 2012. In July, the MCAI increased by 3.3% among the Conventional MCAI component indexes.

Mortgage 396
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Freddie Mac appoints new team to address housing equity

Housing Wire

Perry brings 25 years of legal experience in the financial services industry, with expertise in fair housing and community development. Nunnink joined Freddie Mac in 2012 in production and sales where she led the development of several of Freddie Mac Multifamily’s more innovative offerings.

Investors 529
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How one lender is innovating to make affordable housing more accessible

Housing Wire

Change is five years into its mission as a Community Development Financial Institution ( CDFI), a mission that has seen Change soar to become the nation’s largest non-QM lender. Since 2012, the average rate has been 7.7%. Since 2000, the average home appreciation rate has been 4.7%, according to the FHFA. million in 20 years.*

Lending 457