Remove 2016 Remove Construction Remove Development
article thumbnail

Fintech Maxwell launches POS feature that offers tailored workflows for lenders

Housing Wire

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans. The Denver-based fintech made its first mergers and acquisition (M&A) deal in May 2023 when it acquired mortgage solutions provider LenderSelect.

article thumbnail

Rural America is losing affordable housing at a crisis pace

Housing Wire

It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. This USDA program, however, is in serious trouble.

Tenants 511
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Streamlining subsidies to build more affordable housing

Housing Wire

To help the lowest-income families, who increasingly can’t find affordable housing in today’s market, federal, state, and local governments devote considerable resources to subsidize the development of affordable housing with below market rents. This creates a disjointed system where policies overlap and can be redundant.

article thumbnail

Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. Neighborhood Homes creates a tax credit that covers the gap between the cost of construction and a home’s sale price.

Investing 476
article thumbnail

The Week Ahead: Preparing for 2025

Appraisal Buzz

Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability. Regulatory Developments: Key updates on policy changes and new regulations affecting industry compliance and operations. and global economies, alongside residential and commercial real estate trends.

article thumbnail

GSEs Seek Input on Duty to Serve Plans

Appraisal Buzz

History of the DTS program FHFA issued a final rule in 2016 that implemented the DTS provisions of the Housing and Economic Recovery Act of 2008 (HERA). Department of Housing & Urban Development (HUD) and U.S. The number of entry-level homes represent less than 10% of all newly constructed homes, compared to about 35% in the 1970s.

Finance 390
article thumbnail

Mary Ann Azevedo named Managing Editor of FinLedger

Housing Wire

Azevedo joined HW Media from Crunchbase News where she covered startups and venture funding trends with a special focus on real estate tech, construction tech and under-the-radar regions. Founded in 2016 through the acquisition of HousingWire , HW Media is based in Dallas, TX with team members across the country. About HW Media.