Government Legal Property Taxes 
Housing Wire
DECEMBER 17, 2024
The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a final rule governing the Property Assessed Clean Energy ( PACE ) loan program. PACE loans caused borrowers property taxes to increase by about $2,700 per year or an 88% increase, according to the CFPB.
Housing Wire
APRIL 5, 2022
Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land. There is a legal description. In Decentraland or Sandbox, for example, the legal descriptions are individual pixels (essentially code) that define the “parcels.” Defining virtual real estate.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
NOVEMBER 29, 2023
Given the numerous risks and challenges associated with heirs’ property and the higher incidence in low- to moderate-income communities, the American Land Title Association (ALTA) is committed to expanding awareness of heirs’ property and collaborating with industry and government partners to address this often-overlooked hurdle to wealth building.
Housing Wire
SEPTEMBER 17, 2024
former Federal Housing Financing Agency (FHFA) director Mark Calabria made the argument that a larger credit box has caused the government-sponsored enterprises (GSEs) to take on far more risk than they should be. “If you don’t fix them, the ability legally to take additional risk is constrained,” he said.
Housing Wire
JANUARY 8, 2024
In addition to removing a major player from the industry, the bankruptcy also ultimately forced Ginnie Mae to assume control over its extensive portfolio of Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS), straining the government-owned corporation’s resources as well as reverse mortgage industry liquidity in the secondary market.
Appraisal Buzz
AUGUST 13, 2024
The government is taking action to ensure that these products do not turn the dream of homeownership into a nightmare.” They are set up so that, until all payments are made by the borrower, the seller is still in possession of the home legally.
Housing Wire
DECEMBER 14, 2023
The borrower’s largest life-of-loan costs are the property taxes and recording fees paid at closing plus the accumulated cost of annual property taxes paid over the life of the loan. It’s notable, for example, that any discussion about taxes and government fees baked into closing costs has been absent in this debate.
Expert insights. Personalized for you.
396 
Let's personalize your content