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HUD moves to bar non-permanent residents from Section 184 tribal loan program
The U.S. Department of Housing and Urban Development (HUD) has revised residency requirements for the Section 184 Indian Housing Loan Guarantee program to exclude non-permanent resident aliens.
Migration slows under pressure of rate lock-in, cooling job market
The number of people who are moving remains significantly lower than before the pandemic, according to Bank of America Institute.
Kimber White’s vision for NAMB: Affordable housing and enhanced mortgage education
Kimber White is set to return as NAMB president on Oct. 1, where he’ll focus on advocating for housing affordability and mortgage education.
Newrez hires former Rocket CIO Brian Woodring
Newrez has made other significant leadership changes. Felicia Grumet has been promoted to CFO and Mark McArdle is leading regulatory efforts.
White House expects reverse mortgages to continue producing government receipts
The White House expects continued performance from the HECM portion of the MMI Fund, according to a recent budget document.
Prudent AI debuts non-QM underwriting tool
The tool applies investor-specific guidelines during initial evaluations, offering lenders and brokers an earlier look at a loan’s viability.
Zillow: Northeast housing competition heats up while Sun Belt offers breathing room
In some major Northeast markets like Buffalo, New York, there are at least 10 engaged home shoppers for every home on the market.
NAR hires two new strategic communications leaders
NAR announced the hirings of Bennett Richardson and Raffi Williams to lead strategic communications efforts, effective May 31.
MoxiWorks sells accounting platform to Upfront
MoxiBalance — which manages nearly $2 billion in real estate transaction volume for more than 150 brokerages — will be rebranded as Vero.
