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Reverse mortgage analysts weigh in on HECM limit for 2025

Housing Wire

The Federal Housing Administration (FHA) announced this week that the Home Equity Conversion Mortgage ( HECM ) limit for 2025 will be $1,209,750. The HECM limit is unique when compared to FHA limits that govern Title II forward mortgage lending programs. But seniors hold onto a large portion of the nation’s housing wealth.

Mortgage 268
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The Importance of Tax Escrow Payment Processing for Mortgage Servicer Operations

Appraisal Buzz

Mortgage tax escrow payments for local property owners and government processors continue to serve as a crucial source of revenue for local governments. Among these payments, timely settlement of local property taxes holds particular significance.

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Fannie Mae: Policymakers should look elsewhere to improve affordability

Housing Wire

How much does a typical low-income first-time homebuyer with a Fannie Mae -backed mortgage bring to the closing table? The typical low-income first-time homebuyer with a Fannie Mae-backed mortgage also has a 747 credit score, the research paper shows. In 2020, about 4% of Fannie Mae-acquired purchase loans went to Black borrowers.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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Preserving the American Dream

Appraisal Buzz

The property preservation industry stands at a crossroads, shaped by shifting market dynamics, regulatory changes, and the uncertainty of a recent Presidential election. Q: What primary new technologies or innovations are property preservation companies adopting to improve efficiency and service quality? How is AI impacting the sector?

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

” “From Primary Residence to Rental: Your Conversion Guide” Maintenance & homeownership “Your [Season] Home Maintenance Guide” “Smart Home Upgrades That Actually Save You Money” “The Ultimate Guide to Choosing Home Insurance” “DIY or Call a Pro?

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4 Effective Steps to Find Commercial Rental Properties for Sale

The Robert Weiler Company

Average prices of comparable commercial rental properties available in the area. Insurance costs in the area. Search Quality CRE Listing Sites to Find Commercial Rental Properties for Sale. Even though the properties you found may seem within your budget, the additional expenses may push your cost far over the line.