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TransUnion, Truework add mortgages to income verification tool

Housing Wire

With mortgage originations expected to rise this year, lenders more than ever will need efficient tools and resources for streamlined income and employment verification, Satyan Merchant, mortgage business leader at TransUnion, said in a statement. We’re already in the tenant space and in the auto space, she said.

Tools 352
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How to minimize tenant turnover using online property management tools

Housing Wire

Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. Just imagine tenants moving out several times a year! They may also wonder what’s wrong with the property if tenants keep moving out.

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Opinion: tools for landlords to help low-income tenants

Housing Wire

The federal Housing Choice Voucher (HCV) program is a powerful tool to help low-income families find apartments they can afford, but the program isn’t reaching its potential because far too few landlords participate in it. PHAs – which landlords believe should side with them more often in landlord-tenant disputes.

Landlords 418
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FHFA Issues New Tenant Protections

Appraisal Buzz

The Federal Housing Finance Agency (FHFA) has announced a set of required tenant protections for multifamily properties financed by Fannie Mae and Freddie Mac (the GSEs). The GSEs will monitor and enforce these tenant protections, and failure to comply could result in penalties under the loan agreement.

Tenants 435
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Fannie and Freddie Enhance Tenant Protections

Appraisal Buzz

Fannie Mae and Freddie Mac have both released additional information regarding new protections for tenants in multifamily properties with mortgages backed by the Government-Sponsored Enterprises (GSEs). non-GSE) form loan documents.

Tenants 418
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HUD Streamlines Affordable Housing Regulations

Appraisal Buzz

The HOME program is a critical tool to bolster housing production and preserve existing affordable housing at a time of dire need nationwide, and the regulatory improvements will ensure funding is effectively and efficiently is deployed to boost housing supply and lower costs for families nationwide.

Tenants 349
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Property management software: Why more Americans firing their property managers

Housing Wire

Finding the best tenant is an uphill battle for some landlords. Then, they often face dissatisfied tenants, pesky maintenance issues, and tenants who cant or wont pay their rent on time and in full. Landlords can do that themselves with the right tools. Managing tenants is hard. The challenges mount from the jump.