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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system.

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Fee Simple vs. Leasehold: Two Very Different Types of Ownership

Redfin

It’s a legal term that means the property owner owns the land and any structures on the land, including the home. .” It gives someone ownership of a home or structure on the property, but someone else owns the land itself. The leaseholder pays the fee simple owner to use the land for a set period. Fee simple.

Land 64
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Opinion: It’s time for bi-partisanship on affordable manufactured housing homeownership

Housing Wire

Last year was challenging for housing and mortgage markets. For the first time in many years, we experienced falling home prices, in part due to skyrocketing mortgage rates which almost doubled from around 3.5% As the 118 th Congress begins, we return to a divided government in Washington. a year ago to nearly 7% today.