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Miami seeks new debt package to finance affordable housing: Bloomberg

Housing Wire

The mayor of Miami-Dade County wants to leverage the bond market to create a fund that will finance affordable housing projects, according to a Bloomberg report published Monday. Over the past five years, home prices in the Miami area have surged by 82%, according to data from the Federal Housing Finance Agency ( FHFA ). Out of the $2.5

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TitleOne acquires Land Title, expanding NW footprint

Housing Wire

TitleOne , a subsidiary of Realogy Title Group, announced today the acquisition of Land Title of Nez Perce County in Lewiston, Idaho. Land Title of Nez Perce County was previously owned and operated by Joe Strohmaier, a 25-year industry veteran who will continue to manage Land Title’s operations.

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Top Tips and Considerations For Buying Land

Realty Biz

Buying land represents a pivotal investment in one's future. However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives.

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Figure Lending lands $100M funding facility

Housing Wire

This is the fifth financing facility for the online lender, having closed nearly $1.5 Wall Street partners in financing facilities include Jefferies , other banks and funds and now JPMorgan Chase. The post Figure Lending lands $100M funding facility appeared first on HousingWire. billion across these deals.

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Investing app Backflip sticks landing, secures $15M Series A

Inman

Backflip, a company that built an application to help investors analyze and finance properties to flip, has secured a $15 million Series A round of funding.

Land 168
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Fannie Mae expands use of AOLs in selling guide update

Housing Wire

The government sponsored entities is part of its Equitable Housing Finance Plans , which are required by their regulator Federal Housing Finance Agency (FHFA). The initial version of the GSE’s Equitable Housing Finance Plans were approved in the summer of 2022 by the FHFA.

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Opinion: Reformed FHA program will offer lenders new business opportunities

Housing Wire

The result is that safe and affordable financing is out of reach for tens of thousands of credit-ready homebuyers looking to purchase a manufactured home. Demand for home-only financing is strong; in 2019, there were more than 200,000 home-only loan applications. Yet help might be on the way.

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