Government-backed modular housing trend arrives in Cleveland
Cleveland tapped $2.56M in Ohio historic preservation tax credits to redevelop a 1901 building into an MMY modular housing factory.”,
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Will the ROAD Act change what pencils for multifamily rentals?
While the 21st Century ROAD to Housing Act remains in Oval Office big yawn limbo, its game-changing relevance to multifamily developers, apartment builders, rental housing investors and capital providers is clear. The bill has passed both chambers of Congress by historic bipartisan margins. What it has not yet done is become law. That leaves four […]
First MLS names Jenni Bonura chief growth officer
FMLS hired former Harry Norman CEO Jenni Bonura as chief growth officer to drive member growth and expand products and data solutions.
RealTrends Verified The Craig Tann Group continues decade of growth
The team closed $486 million in sales volume across 877 transactions last year, which ranked No. 10 and No. 3 nationally among mega teams.
MISMO updates mortgage insurance data guide for VantageScore 4.0 and FICO 10T
MISMO updated its mortgage insurance data standards to support VantageScore 4.0 and FICO 10T, helping firms prepare for new credit models.
Berkshire’s Clayton adds McGuinn Homes to Mungo as scale race widens
Clayton Home Building Group confirmed that its Southeast U.S. powerhouse operator, Mungo Homes has acquired Columbia, S.C.-based McGuinn Homes, a four-decade-old regional builder whose rise in HousingWire’s Homebuilder Rankings reflected a carefully executed growth strategy centered on attainable homeownership, disciplined operations and customer focus. In announcing the acquisition, Clayton described the combination as built on […]
FOA completes deal for Onity reverse mortgage assets, adding $5.2B in UPB
FOA will also acquire Onity’s pipeline of reverse mortgage loans, and Onity will exit the reverse mortgage originations business.
California November ballot: a billionaire tax and new local tax limits
California has long been synonymous with high taxes, but new fights over who will pay them are exposing a sharper fault line. The state increasingly reaches for “tax the rich” tools to fund housing and social programs, while anti-tax forces try to constrain those same tools. California’s tax fight is unfolding under a national spotlight. […]
Tom Blanchard keeps Blanchard & Calhoun focused on what big firms can’t buy
Blanchard and Calhoun says community focus and agent support help it compete in Augusta amid consolidation and commission pressure.
Why mortgage rates are rising, not falling, with oil under $70
A hawkish Fed outlook is anchoring the 10-year near 4.46% to 4.48%, keeping mortgage rates near 6.50% to 6.75% despite oil.