New Homes Beat Existing Homes; Price a Major Factor

first_img Existing-Homes Home Sales New Homes Trulia 2014-05-06 Tory Barringer  Print This Post The Best Markets For Residential Property Investors 2 days ago Subscribe Previous: HUD Settles Denver-Area Discrimination Complaint Next: IDS Sees Significant E-Signature Adoption in 2013 Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / New Homes Beat Existing Homes; Price a Major Factor The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articlescenter_img in Daily Dose, Featured, Headlines, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save May 6, 2014 729 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago If price were no object, approximately two in five Americans say they would choose a newly built home over an existing model, demonstrating there is still some interest in a challenged segment of the market.In a survey of more than 2,000 adults, Trulia found an estimated 41 percent “would strongly or somewhat prefer” to buy a new single-family home over an existing one, assuming the prices were equal. Just more than one in five respondents—21 percent—said they would prefer an existing home, while 38 percent expressed no preference.Of course, while the survey set prices on a level field to gauge interest, that’s very rarely the case, as Trulia points out. According to the company’s calculations, new homes built in 2013 or 2014 tend to be priced 20 percent higher than older homes of comparable size and location—a price fewer than half of the “new home” crowd say they’re willing to pay.“Most people who say they strongly prefer a new home aren’t willing to pay the premium,” said Trulia chief economist Jed Kolko, adding that many parts of the country are still dragging in single-family construction. “Still, as the housing market recovers, new homes will be a growing share of the national market.”Whether that forecast plays out remains to be seen, though the latest data from March—in which sales of new homes fell 14.5 percent month-over-month, partly from lack of inventory in some areas—is discouraging.For home shoppers willing to dish out for the added cost, Texas and the Carolinas are the best places are the top spots to search. Using Census permit data from 2013 and adjusting for market size, Raleigh, North Carolina, rules as the top housing market for single-family construction, with Houston, Texas; Charleston, South Carolina; Austin, Texas; and Charlotte, North Carolina-South Carolina following.On the other hand, homebuilding remains weak in some of the country’s biggest cities, including New York, San Francisco, and Los Angeles, where the majority of new construction is on the multi-unit side.Asked about their reasons for preferring the new over the old, 59 percent of Americans said they want their home to come pre-equipped with modern features, including bigger closets, a kitchen island, and walls pre-wired for flat-screen televisions, among other amenities.The second most commonly cited reason for wanting a new home was the ability to customize it in the construction stage (56 percent), followed closely by respondents’ desire to avoid costs of maintenance and repairs.And those who would take an existing home over a new one? Said Kolko, “Fewer people prefer existing homes, but those who do point to traditional features and living in a more established neighborhood. For many people, the best of all worlds might be a newly built home in an older neighborhood.” Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Existing-Homes Home Sales New Homes Trulia New Homes Beat Existing Homes; Price a Major Factorlast_img read more

FHFA’s Actions Increase Emphasis on Removing GSEs’ Non-Performing Loans

first_img The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Secondary Market Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland.  Print This Post Demand Propels Home Prices Upward 2 days ago Related Articles Tagged with: Fannie Mae FHFA Foreclosure Alternatives Freddie Mac Loss Mitigation Non-Performing Loanscenter_img March 13, 2015 1,680 Views Recent actions by the Federal Housing Finance Agency (FHFA) indicate that the Agency is placing an increased emphasis on the clearing out of Fannie Mae’s and Freddie Mac’s seriously delinquent loan portfolios and steering more borrowers toward foreclosure prevention and loss mitigation actions, using foreclosure only as an absolute last resort.In early March, FHFA announced enhanced requirements for the sales of non-performing loans owned or backed by the GSEs. The new requirements state that servers must offer a “waterfall of resolution tactics” that include a short sale, deed-in-lieu of foreclosure, or loan modification before resorting to foreclosure, and requiring bidders for the loans to demonstrate a successful record of loan resolution through foreclosure alternatives.FHFA Director Mel Watt said that he believed the enhanced requirements combined with the GSEs’ non-performing loans (NPL) sales will “result in more favorable outcomes for borrowers and local communities” and will also reduce the losses to the GSEs and taxpayers. Fannie Mae and Freddie Mac have been under FHFA’s conservatorship since 2008, when they required a $188 billion bailout to stay afloat. The enhanced rules also encourage servicers to sell REO or foreclosed properties to a non-profit or to someone who will occupy the property as a primary residence.Both GSEs amassed a backlog of seriously delinquent loans amid massive numbers of defaults in the run-up to the financial crisis and have been working to clear them out ever since. The numbers are steadily declining – both Enterprises reported their lowest level of seriously delinquent mortgage loans since the last decade. Both Fannie Mae and Freddie Mac reported a seriously delinquent loan rate of 1.86 percent for February; Fannie Mae’s rate has declined month-over-month for 38 straight months now. Freddie Mac’s rate was the lowest in nine years.To the end of clearing out the GSEs’ non-performing loan portfolios, Freddie Mac made its first sale of 2015 in early March when it auctioned off 1,975 NPLs with an aggregate unpaid balance of $392 million. Last year, Freddie Mac made its first sale of NPLs when it sold a bundle with an aggregate UPB of $596 million.While Freddie Mac’s financial report for 2014 indicated that the GSE has helped 1.07 million borrowers avoid foreclosure since 2009, the number has been steadily declining annually since peaking at 275,000 in 2010 at the height of the foreclosure wave. In 2014, Freddie Mac helped 120,000 homeowners avoid foreclosure with either a loan modification, forbearance agreement, repayment plan, or short sale/deed-in-lieu of foreclosure. Granted, foreclosure numbers are not near what they were in 2010, but the government has indicated that there are many borrowers out there who could be taking advantage of loss mitigation programs who are not. Fannie Mae FHFA Foreclosure Alternatives Freddie Mac Loss Mitigation Non-Performing Loans 2015-03-13 Brian Honea Previous: FHFA’s Mortgage-Backed Securities Suit vs. Nomura, RBS Scheduled for Trial Next: Florida, Michigan Lead in Completed Foreclosures, But Other Numbers Do Not Correlate Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Demand Propels Home Prices Upward 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago FHFA’s Actions Increase Emphasis on Removing GSEs’ Non-Performing Loans Home / Daily Dose / FHFA’s Actions Increase Emphasis on Removing GSEs’ Non-Performing Loans About Author: Brian Honealast_img read more

Slowing Gains

first_img in Daily Dose, Featured, Market Studies, Media, News Tagged with: FHFA House Price Index Housing Market Mortgage Rates William Doerner FHFA House Price Index Housing Market Mortgage Rates William Doerner 2018-11-27 Donna Joseph Home / Daily Dose / Slowing Gains Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Slowing Gains The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: 10 Cities Where Homebuyers are Most Stretched Next: Weighing in on Deregulation Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Subscribe Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily About Author: Donna Joseph Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post November 27, 2018 5,840 Views Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Read the full report here. On Tuesday, the Federal Housing Finance Agency (FHFA), published its third quarter 2018 House Price Index (HPI) report, which includes estimates for the increase in the average U.S. home value over the last four quarters. The HPI reveals an increase in U.S. house prices by 1.3 percent in the third quarter of 2018. “Home prices continued to rise in the third quarter but their upward pace is slowing somewhat,” said Dr. William Doerner, Supervisory Economist at the FHFA.“Rising mortgage rates have cooled down housing markets—several regions and over two-thirds of states are showing slower annual gains.”Watch this video to see Doerner share his insights into the housing market, mortgage rates, and other price indexes, in light of the latest report. Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

What Will Hold Back Home Sales?

first_imgSubscribe Home / Daily Dose / What Will Hold Back Home Sales? First American Home Sales Home Sellers Homebuyers HOUSING Inventory Mark Fleming Mortgage Rates Potential Home Sales model Supply 2019-03-22 Radhika Ojha Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago What Will Hold Back Home Sales? March 22, 2019 1,050 Views The Best Markets For Residential Property Investors 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: First American Home Sales Home Sellers Homebuyers HOUSING Inventory Mark Fleming Mortgage Rates Potential Home Sales model Supply Servicers Navigate the Post-Pandemic World 2 days ago About Author: Radhika Ojha Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: How Fannie and Freddie Minimize Foreclosure Impacts Next: Analyzing Millennial Homeowners’ Credit Profiles in Daily Dose, Featured, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Sign up for DS News Daily Related Articles Home Sales are likely to rise this spring buying season, even though supply constraints could likely hold them back from reaching their potential, according to data from First American’s Potential Home Sales Model for February.The model analyzes existing-homes sales on a seasonally adjusted annualized rate (SAAR) based on the historical relationship between existing-home sales and U.S. population demographic data, homeowner tenure, house-buying power in the U.S. economy, price trends in the U.S. housing market, and conditions in the financial market.According to the analysis, Potential existing-home sales increased marginally to a 5.17 million SAAR, reflecting a month-over-month increase of 1.5 percent.However, it found that the market potential for existing-home sales declined by 2.9 percent compared with a year ago. Currently, potential existing-home sales was 23.2 percent below the pre-recession peak of market potential, which occurred in March 2004.Though the market is currently underperforming its potential by 2.5 percent, the analysis indicated that home sales were poised for a strong spring buying season in 2019.”In February 2019, the housing market continued to underperform its potential but showed signs of promise leading into the spring homebuying season,” said Mark Fleming, Chief Economist at First American. “That means the market has the potential to support 127,000 more home sales at a seasonally adjusted annualized rate.”According to Fleming, the “performance gap” in home sales over the past few months was due to supply shortages. “However, so far in 2019, we’ve seen mortgage rates decline and wages rise–both trends work to boost house-buying power and fuel greater market potential for home sales, setting the stage for a stronger than expected spring homebuying season,” he said.The decline in mortgage rates is also likely to encourage some homeowners who might have felt locked-in due to high rates in 2018, to re-enter the market, according to Fleming. Millennials too are likely to take advantage of the low rates and jump back into the market. “The increase in house-buying power directly contributed to a gain of nearly 131,000 potential home sales in the last three months, by far the strongest driver of market potential.”Despite these trends, the shortage of housing supply is likely to remain a challenge for home sales. “The supply squeeze is two-fold: The existing homeowner’s dilemma and the lack of new construction,” Fleming observed. “The majority of existing homeowners have mortgages with historically low rates, and there is limited incentive to sell if it will cost them more each month to borrow the same amount of money from the bank. This rate-lock phenomenon has led to a 9 percent yearly increase in tenure length, which reduced market potential by 99,000 sales in the last three months.” Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

How a Tariff Reversal Can Impact Housing

first_imgSign up for DS News Daily Share Save in Daily Dose, Featured, Government, Loss Mitigation, News Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. August 20, 2019 1,541 Views Related Articles About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Economy Homes Recession Whitw House Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / How a Tariff Reversal Can Impact Housing Previous: Update on Built-for-Rent Housing Next: Can Having Mortgage Debt be Good for You?center_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Economy Homes Recession Whitw House 2019-08-20 Seth Welborn How a Tariff Reversal Can Impact Housing The White House is considering reversing some of the tariffs against China with the threat of recession ahead, Business Insider reports. According to the New York Times, reversing the tariffs against China is one of a range of measures that would be meant to protect a weakening US economy from recession, though The Times did not specify which tariffs officials were considering withdrawing. Additionally, the Washington Post reported on Monday that a payroll tax cut was being considered.Business Insider states that economic experts have long warned that tariffs threaten US consumers, with a JPMorgan report on Monday estimating that the latest round of tariffs, set to take effect beginning on September 1, would cost the average US household $1,000 a year.Earlier this month, the Dow Jones fell more than 800 points and the 10-year treasury yield briefly broke the two-year rate for the first time since 2005—an economic marker that has often proved a forerunner of recessions in times past. The Dow Jones Industrial Average dropped 800.49 points, S&P 500 fell 2.9%, and the Nasdaq declined 3%. In response housing industry economists have discussed how a recession and the stock market declines are impacting buyers and investors.“Sharp and deep stock declines reduce confidence among all players in the economy. As such, potential homebuyers may become more cautious about making such a significant and long term financial commitment,” said Tendayi Kapfidze, LendingTree’s Chief Economist. “Others may see their down payment funds decline if they were keeping some of the money in the stock market. The stock decline is accompanied by a significant decline in interest rates so this makes the monthly payments more affordable for buyers who chose to follow through.”According to Kapfidze, tariffs on Chinese goods will be passed through the cost of new construction and renovations. He added the sector that could be hit the hardest are lower-priced homes, as “thin margins on lower-priced homes will shrink further.”“This will exacerbate the inventory challenge at the lower end of the housing market, accelerating prices here beyond the added tariff expense, and worsening the affordability and availability problems in this part of the market,” Kapfidze said.Danielle Hale, Chief Economist of realtor.com, said the biggest victims of the market’s decline are luxury homes, since they have “considerably more exposure to stock investments.”Data from Redfin revealed the market for luxury homes increased, although slightly, in Q2 2019. Average sales prices for luxury homes grew 1% year-over-year to $1.64 million, bouncing back from a 1.7% drop in Q1 2019.“However, a possible secondary impact on the broader housing market can happen if the stock drop hits consumer confidence,” Hale said. “Even though most Americans have fairly minimal exposure to the stock market, its performance is widely covered in financial and mainstream news, and thus a prolonged or severe drop in the markets can rattle the confidence of consumers and homebuyers even if they have little direct exposure to stocks. So far, confidence has remained high, but the situation is still developing.” The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Rebuilding Affordable Housing a Year After Hurricane Michael

first_img Servicers Navigate the Post-Pandemic World 2 days ago Affordable Housing Florida HOUSING Hurricane 2019-10-07 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Rebuilding Affordable Housing a Year After Hurricane Michael Demand Propels Home Prices Upward 2 days ago Tagged with: Affordable Housing Florida HOUSING Hurricane Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post October 7, 2019 1,612 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Related Articlescenter_img Share Save The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Previous: Are Mortgage-Backed Securities Storm Proof? Next: When Hope Survives The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Florida is still trying to recover from the impact of Hurricane Michael, with many homeowners still displaced. According to Panama City News Herald, Panama City and Bay County officials say they’re working on the issue, developing plans to bring more affordable housing while drawing in state and federal dollars to fund programs to help more people afford rentals and buy homes.“The most acute impact on our community is our housing stock,” Mark McQueen, city manager of Panama City, said about the hurricane.Following Hurricane Michael’s landfall in October of 2018, HUD offered foreclosure relief and other assistance to families living in Bay, Franklin, Gulf, Taylor, and Wakulla counties.For homeowners who have lost their homes, HUD said that its Section 203(k) loan program enabled such homeowners to finance the purchase or refinance of a house along with its repair through a single mortgage. “It also allows homeowners who have damaged houses to finance the rehabilitation of their existing single-family home,” HUD said.In Bay County, officials have been undertaking a variety of plans and programs to ease the housing crisis. Michael Johnson, director of Community Development, manages all aspects of affordable ownership housing development for the county, said the current goal for the area is to help create 500 new homes by 2022, including 200 affordable rentals, 100 energy efficient homes, 100 affordable low-income homes and 100 houses for seniors of low income.“We’re hoping to break ground on a lot of these this year,” Johnson said. While Florida was hit hardest by Hurricane Michael with $2.5 billion to $4 billion estimate in wind and storm surge damage, the destruction in Alabama and Georgia was estimated at $0.5 billion to $1 billion.The federal government recently allocated $448 million for Hurricane Michael housing recovery projects. Since the county received the bulk of the damage from the storm, it’s expected to get at least 60% of those funds, Johnson said.“We’ve got to get housing here so we can get workers back here,” Johnson said. Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe in Daily Dose, Featured, Loss Mitigation, News Rebuilding Affordable Housing a Year After Hurricane Michaellast_img read more

FHA Revises Standard Single-Family Servicing Policies

first_img Previous: CFPB Issues Increased Eviction Protections Next: Forbearance Volume Continues to Slide Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Subscribe  Print This Post About Author: Christina Hughes Babb 2021-04-19 Christina Hughes Babb in Daily Dose, Featured, Government, News Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Home / Daily Dose / FHA Revises Standard Single-Family Servicing Policies Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago FHA Revises Standard Single-Family Servicing Policies Data Provider Black Knight to Acquire Top of Mind 2 days ago Federal Housing Administration (FHA) Monday announced updates to its Single Family Handbook, which it says will strengthen loss-mitigation approaches for struggling borrowers while streamlining servicer requirements.”The update to FHA’s Servicing and Loss Mitigation section of the FHA Single Family Housing Policy Handbook streamlines many standard operational requirements for mortgage servicers, including revising FHA’s loss mitigation home retention waterfall so that servicers can more quickly offer effective loss mitigation home retention options to borrowers in danger of losing their homes to foreclosure,” FHA stated in a press release.Additional changes streamline and enhance many servicing requirements to provide more consistency with industry practices and reduce barriers to servicing FHA-insured single family mortgages, according to FHA.”With these updates, we have strengthened the ability of servicers to reach and help more struggling borrowers with FHA-insured mortgages, more quickly,” said Principal Deputy Assistant Secretary for Housing Lopa Kolluri. “The updates to our policies will ensure quality servicing activities, streamline servicing requirements, more closely align our servicing policies with industry servicing practices, and improve outcomes.”FHA says the described policy changes—based on rigorous internal analysis and extensive public feedback—will improve the effectiveness and efficiency of FHA’s servicing policies. Changes announced today also augment FHA’s actions earlier this year to provide urgent and immediate support to the nation’s homeowners struggling to make their mortgage payments due to COVID-19.A revised loss mitigation waterfall that allows servicers to review struggling borrowers for a permanent FHA Home Affordable Modification Program (FHA-HAMP) home retention option without a lengthy forbearance, which has been proven to be highly effective at helping borrowers avoid redefault and foreclosure;Streamlined documentation requirements to avoid unnecessary delays and to align more closely with standard industry servicing practices, including removing signature requirements on Trial Payment Plans; andA revised structure for certain allowable costs and fees that corresponds with fee structures used by other industry participants.“The work completed today responds to feedback we’ve received about the complexity and cost of servicing FHA-insured mortgages,” said Acting Associate Deputy Assistant Secretary for Single Family Housing Julie Shaffer. “FHA requirements will continue to reflect our high expectations of servicers and updating our processes and addressing outdated and unnecessary requirements will improve the program for borrowers and servicers.”FHA-insured borrowers should visit FHA’s COVID-19 Resources for Homeowners web page on FHA.gov. Other borrowers are encouraged to visit the Consumer Financial Protection Bureau’s Coronavirus Mortgage and Housing Assistance web pages. Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago April 19, 2021 1,923 Views The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

Derry PSNI launch arson investigation as woman escapes house

first_img Google+ Three factors driving Donegal housing market – Robinson By News Highland – July 8, 2012 Facebook Derry PSNI launch arson investigation as woman escapes house Pinterest Detectives in Derry are appealing for information following an arson attack at a house in the Cuthbert Street area in the early hours of yesterday morning.At around 4.50am, it was reported that a wheelie bin had been pushed against the front door of a house and set alight. Rubbish had been placed at the back door of the property and set alight also.The female occupant of the house was alerted to the fire by a smoke alarm and was able to leave the property uninjured through the back door. The front door of the house was badly damaged with further smoke damage to the interior of the house. The fire at the back door failed to ignite fully. Google+ 448 new cases of Covid 19 reported today Previous articleGAA – McMahon To Return For TyroneNext articleElectricity supplies affected by Friday night sub station fire in Derry News Highland Pinterest Calls for maternity restrictions to be lifted at LUH center_img Newsx Adverts WhatsApp Help sought in search for missing 27 year old in Letterkenny WhatsApp NPHET ‘positive’ on easing restrictions – Donnelly Twitter Facebook Guidelines for reopening of hospitality sector published Twitter RELATED ARTICLESMORE FROM AUTHORlast_img read more

Thousands expected in Donegal Town for ‘Donegal Live’

first_imgNewsx Adverts Thousands expected in Donegal Town for ‘Donegal Live’ Facebook Pinterest Twitter Google+ By News Highland – May 24, 2012 WhatsApp Upwards of 8,000 people are expected in Donegal Town for the ‘Donegal Live’ event this weekend.The three day festival, which has been previously held in Dublin and Glasgow, features tourism, food and arts exhibitors from all over Donegal showcasing what they have to offer.There are also a number of concerts over the weekend headlined by Alexandra Burke.Ernan McGettigan is the local Chairperson of ‘Donegal Live’ – he says it is a huge honour for Donegal Town to be hosting this year’s event:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/05/ernanDL.mp3[/podcast] Almost 10,000 appointments cancelled in Saolta Hospital Group this week LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton RELATED ARTICLESMORE FROM AUTHORcenter_img Previous articlePringle urges government action on treatment refusal issueNext article36.7 is now the average age in Donegal – CSO News Highland Three factors driving Donegal housing market – Robinson Guidelines for reopening of hospitality sector published WhatsApp Facebook Google+ Twitter Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Pinterest Calls for maternity restrictions to be lifted at LUH last_img read more

Drug-Driving campaigner welcomes progress, but says resources remain a key concern

first_img Previous articleDonegal has the country’s second highest number of flood risk areasNext articleHarkin tells young people from Connaught Ulster- “You can rule the world” admin WhatsApp Google+ Drug-Driving campaigner welcomes progress, but says resources remain a key concern Google+ Twitter Pinterest WhatsApp Facebook A prominent anti-drugs campaigner in Donegal says while its to be welcomed that gardai are finally getting equipment to detect people driving under the influence of drugs, the fact that drug units have been dismantled in Donegal and elsewhere on the border remains an issue.PJ Blake was speaking to Greg on the Shaun Doherty Show today.He said after a 30 year campaign, this is finally been taken seriously, but warned if adequate resources are not provided, the problem cannot be tackled……Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/11/pjdrugdriving.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Calls for maternity restrictions to be lifted at LUH Twittercenter_img RELATED ARTICLESMORE FROM AUTHOR Homepage BannerNews GAA decision not sitting well with Donegal – Mick McGrath Pinterest LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebook Nine Til Noon Show – Listen back to Wednesday’s Programme Guidelines for reopening of hospitality sector published By admin – November 23, 2015 Almost 10,000 appointments cancelled in Saolta Hospital Group this weeklast_img read more