Live Breaking News & Updates on சிறிய கடன் ப்ரோக்ர்யாம்
Stay updated with breaking news from சிறிய கடன் ப்ரோக்ர்யாம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Freddie Mac, Fannie Mae remain committed to providing financing for lower income apartments. Pat Jackson | May 17, 2021 Housing affordability continues to be a major crisis across the United States. For many, homeownership falls outside of reach as prices soar in key markets and construction costs make it difficult for builders to turn a profit on starter homes. The result is many would-be first-time homebuyers pushed into the rental market, another place where supply and demand dynamics pose critical problems. Despite the challenges many Americans face finding quality housing options, the situation offers multifamily property owners a key investment opportunity, specifically with existing rental units in the affordable and workforce arena where long-term demand is all but assured. ....
Message : Required fields First Home Bancorp, Inc. (OTCQX: FHBI) (“FHBI” or the “Company”), parent company of First Home Bank (“First Home” or the “Bank”) reported record earnings for the first quarter of 2021, driven by mortgage banking income, as well as loan origination fees and net interest income associated with the Paycheck Protection Program (“PPP”). The Company reported net income for the first quarter of 2021 of $7.51 million, or $3.07 per basic common share and $2.76 per diluted common share, compared to net income of $5.61 million, or $2.29 per basic common share and $2.03 per diluted common share, in the fourth quarter 2020, and a net loss of $501 thousand, or $(0.30) per basic and diluted common share in the first quarter of 2020. The first quarter’s earnings increased tangible book value to $26.89 per common share. ....