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HousingWireHousingWire In today’s housing market, rentals should no longer be treated as the “dirty little secret” of real estate. Far too often, rentals are overshadowed by for-sale properties, yet they play a critical role in the broader housing ecosystem. Rentals are not only essential for millions of Americans who rely…
Continue reading →HousingWireHousingWire Scott Turner, President Trump’s secretary of Housing and Urban Development (HUD) nominee, is an inspired choice to lead the department. I first met Scott in 2019, shortly he began leading the White House Opportunity and Revitalization Council. He had an unenviable task. Scott would need to wrangle 17 federal…
Continue reading →HousingWireHousingWire Ginnie Mae’s complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program, dubbed “HMBS 2.0,” released a final term sheet in November which proved to be the final major policy work of former acting Ginnie Mae President Sam Valverde prior to his departure from the company. It has been roughly…
Continue reading →HousingWireHousingWire As older Americans run into more challenges with the cost of living on a fixed income, a coalition of advocacy groups in and around New York City are calling for action. Led by LiveOn NY, more than 50 organizations are rallying the city’s government for additional support for older…
Continue reading →HousingWireHousingWire Fannie Mae’s title insurance pilot program could save borrowers up to $2.19 billion. This is according to a study released in January by Legal Economics’ Andrew Rodrigo Nigrinis and Todd Zywicki of the George Mason University’s Antonin Scalia School of Law. Nigrinis is a former enforcement economist at the Consumer Financial…
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