HUD Issues Funds to Rehabilitate Homes in Opportunity Zones
Dr. Ben Carson, the department’s secretary, said the new incentive is a “path to financing that makes it realistic” to improve, renovate, and update these properties. The post HUD Issues [...]
Setting New Standards for Residential Mortgage-Backed Securities
Fitch Ratings is calling the newly recommended ARM fallback language a "positive development," ahead of the 2021 LIBOR expiration. Here's how it may impact RMBS. The post Setting New Standards [...]
$100B Housing Bill Proposed to Address “Housing Affordability Crisis”
Sen. Kamala Harris said too many Americans are fighting “tooth and nail” to keep a roof over their heads. The post $100B Housing Bill Proposed to Address “Housing Affordability Crisis” [...]
Blackstone Group Leaves Single-Family Rental Business
The Blackstone Group Inc. has sold the last of its shares in Invitation Homes, the company’s rental business, which it created in 2012 to capitalize on the growing demand for [...]
Update on Executive Hires and Partnerships
Get the latest on new executives in servicing and real estate law and learn about new tech partnerships in this Industry Pulse. The post Update on Executive Hires and Partnerships [...]
Fitch Selects Red Bell Real Estate Model for RMBS Ratings
Red Bell Real Estate, LLC, a Radian subsidiary, was named among a select group of automated valuation model (AVM) providers by credit rating agency, Fitch Ratings, to supply AVMs in [...]
Potestivo & Associates, P.C. Adds VP
Potestivo & Associates, P.C. is has announced the promotion of Megan M. Johnson, effective October 25, 2019. Johnson has been promoted to the role of VP, and in her new [...]
Gateway First Bank Appoints New CCO
Oklahoma-based Gateway First Bank has announced the appointment of Deirdre Cherry as its CCO. As CCO, Cherry will be responsible for the review of Gateway’s loan portfolio on a continuing [...]
Opportunity Zones Paying Dividends for Home Investors
Home prices in several opportunity zones are rising fast. Click through to find out why these areas should be on every investor’s radar. The post Opportunity Zones Paying Dividends for [...]