Remove Development Remove Government Remove Modernization
article thumbnail

Can Modernizing Manufactured Home Financing Help Solve Affordable Housing?

Appraisal Buzz

Modernizing systems, filling data gaps, and harmonizing across different federal insurance programs can help attract more lenders to this vital market. Click here for more on the report, Modernizing Manufactured Home Financing: Data, Automation and Program Improvements to Scale Affordable Home Ownership.

article thumbnail

CHLA: Here’s how to modernize ‘short-changed’ Ginnie Mae

Housing Wire

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. This undermines Ginnie Mae’s ability to run a market-driven program.” This recommendation is based on two other ideas.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. The two desktop appraisal solutions were developed to meet new desktop appraisal guidelines in April. .

article thumbnail

Ginnie Mae report illustrates portfolio growth, direct contribution to government earnings

Housing Wire

Government-owned company Ginnie Mae , which oversees the secondary mortgage market and provides a guarantee for a large segment of home loans, released a fiscal year 2024 financial report this week that shows positive results. Government. governments balance sheet and, by extension, U.S. This performance generated $3.1

article thumbnail

It’s time for the federal government to address the housing crisis

Housing Wire

Over 20 years ago, the federal government established June as National Homeownership Month to celebrate the value of homeownership and its benefits, including enabling generational wealth and creating strong communities. Americans are growing weary of the lack of action from the federal government on housing.

article thumbnail

Ready or not, CRA modernization is at the door

Housing Wire

Still, the proposed rule could set the stage going forward for expanding the CRA’s reach and the increased consideration of community performance during merger reviews — as banking agencies weigh future changes to regulations governing those transactions. That’s a great simplifier, and it’s also great for communities,” Roberts said.

article thumbnail

HUD cuts 90% of its website content, citing low traffic and poor user experience

Housing Wire

Department of Housing and Urban Development (HUD) this week unveiled a new website, explaining that as much as 90% of the material from the former site has been cut to eliminate redundancies and streamline the user experience. HUD has been on a yearslong road to modernize its technology systems.