HUD urges states to cut fees, simplify codes and fast-track permits
On Wednesday, the U.S. Department of Housing and Urban Development (HUD) released a detailed deregulation roadmap aimed at state and local governments that, it argues, could lower per-unit costs and shorten cycle times for homebuilders. HUD’s new “State and Local Best Practices for Home Construction
Land leases, ARM buydowns emerge as lending options while mortgage rates stay elevated
Mortgage lenders are getting creative to combat the housing affordability crisis fueled by rising interest rates, rolling out novel products and blending existing options to keep borrowers in the market. Bayview Asset Management — which closed its acquisition of Guild Mortgage in November — rolled o
ROAD wins House nod, carving BTR out from institutional investor ban
The build-to-rent (BTR) industry, which has been under siege from legislative uncertainty since March, just got a modicum of welcome news. On Wednesday, the U.S. House of Representatives passed an amended version of the U.S. Senate’s 21st Century ROAD to Housing Act by a margin of 396 to 13 that rem
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