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State down payment aid program has helped dozens become first-time homebuyers

State down payment aid program has helped dozens become first-time homebuyers
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QC, Correspondent Tools; Webinars and Training; STRATMOR Interview on Referrals

“Affordable” means many things. There are residential lending industry jokes about making a loan on anything with axles or a license plate. (Like “don’t.”) Being “permanently affixed” is usually in the underwriting guidelines, which makes this story about someone having their driveway stolen very interesting. (In this clip a builder explains how the scam works.) There are plenty of trends in the builder world, one of which is “build for rent.” Instead of just having a house here or there, BFR homes are clustered together and form a community, much like an apartment community, and with many of the same amenities, essentially an apartment building as a defined community. This new “asset class” even has its own conference. The category is usually not a good thing for IMBs or small banks or credit unions. (Today’s podcast can be found here, and this week’s is sponsored by the STRATMOR Group, the data ....

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Build Wealth MN expands staff

Minneapolis, MN, December 22 – Minneapolis nonprofit Build Wealth MN has announced the addition of four new staff members hired this fall. Joining the lending department are Michiah Greene and ....

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Rules are set for a new Oklahoma Housing Stability Program. When will Stitt give the go-ahead?

Housing developers, subsidized and market rate, affordable housing advocates, and Realtors say Oklahoma Housing Stability Program is a good start. ....

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One Roof Community Housing To Receive $50 Million in Funding

One Roof Community Housing To Receive $50 Million in Funding
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