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Announcing HousingWire’s 2024 Finance Leaders

Housing Wire

HousingWire is excited to introduce the winners of the 2024 Finance Leaders award, recognizing the top finance executives in housing who are driving financial performance, expanding margins, improving liquidity and helping their businesses access the capital markets. The 2024 Finance Leaders exemplify excellence.”

Finance 429
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. What is reverse purchase financing? 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade.

Finance 446
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Introducing the 2023 HW Finance Leaders!

Housing Wire

In its third year, the 2023 HW Finance Leaders award celebrates the outstanding achievements of the top finance executives in the real estate and mortgage space. Congratulations to the 2023 HW Finance Leaders. As the housing market continues to face volatility, the role of CFO has become increasingly critical.

Finance 391
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Opinion: PMI is good for first-time buyers and housing finance system

Housing Wire

The Federal Reserve ’s 2019 Survey of Consumer Finances found that the median net worth of a homeowner is approximately $255,000 — more than 40 times that of a renter. It has enabled first-time, low- to moderate-income borrowers to secure affordable mortgage financing since 1957 while protecting taxpayers from mortgage credit risk.

Finance 370
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Low inventory drives U.S. home prices up 5.5% year over year in Q3: FHFA

Housing Wire

year over year in Q3, according to the Federal Housing Finance Agency (FHFA) House Price Index. house price growth continued to accelerate in the third quarter, appreciating more than in each of the previous four quarters,” Anju Vajja, principal associate director in FHFA ’s division of research and statistics, said in a statement.

Principal 460
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Ginnie Mae implements swift cybersecurity incident reporting standards

Housing Wire

There have been at least half a dozen cybersecurity attacks that were successful within housing finance in the last several months; we’ve had to deal with some of those issues directly ourselves and to others we work with,” Sam Valverde, principal executive vice president at Ginnie Mae, said during a regulatory session at the conference.

Principal 420
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Changes ahead for Ginnie Mae and FHA’s manufactured housing program

Housing Wire

Ginnie Mae and the Federal Housing Administration are looking to take a bigger bite out of manufactured housing finance. The FHA’s Title I program — currently the only game in town for government-backed financing of manufactured homes titled as personal property — has a maximum loan amount of $93,000 for a manufactured home and land.

Principal 381