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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system.

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Report Reveals How Community Land Trusts Preserve Affordable Homeownership

Appraisal Buzz

Drawing on insights from 115 community land trusts (CLTs), Preserving Affordable Homeownership: Municipal Partnerships with Community Land Trusts , a new 2024 Policy Focus Report released by The Lincoln Institute of Land Policy , explores how CLTs are partnering with public officials to help address the housing affordability crisis.

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Who Manages Georgia Lakes?

Hank Miller Team

Georgia Power has similar deep interests; homes on their lakes have land leases granted to the owners. The company retains ownership of the land and leases it back to the owner of the structure. Strict to the point of owners doing nothing, even landscape clean up, without permission.

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How to Handle the Weird Stuff: Appraisal Methods from an Experienced Florida Appraiser

McKissock

This time, let’s look at “the form of ownership” and “market conditions” being atypical. Example: Life estate. An attorney purchased a condo and then gave his mother a life estate with himself as the remainder, to avoid having to share the sale proceeds with his two siblings upon the mother’s death.

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Manufactured housing group encouraged by FHA attention — but concerned about its portrayal

Housing Wire

With Todman’s emphasis on mission-driven entities and nonprofit access to the program, Gooch said its portrayal was needlessly negative toward private owners of land-lease communities, where many MHI-backed manufactured homes are ultimately placed. That’s why I find it interesting. They weren’t a good partner for us in that.”