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New Loan Program Can Help Investors Defer Capital Gains Tax

December 1, 2023
James Dohnert
LendSure’s reverse 1031 exchange with bridge loan program offers investors the chance to defer capital gains taxes when selling one investment property and buying another.
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Portfolio Lending Can Help Regional Banks Compete

December 1, 2023
James Dohnert
Regional banks with strong local branch networks can price their loans at higher interest rates compared to national lenders that securitize their originations, according to a new research paper.
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OIG Cites FHA for Insufficient Lender Monitoring

December 1, 2023
Monica Hogan
FHA lacks sufficient safeguards to monitor its lenders and servicers and to prevent ineligible loans and claims in its mortgage insurance program, according to the HUD’s Office of Inspector General.
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FHA Proposes Revisions to the 203(k) Rehab Program

December 1, 2023
Monica Hogan
The revisions would increase the maximum allowable rehabilitation costs for a limited loan, update the rehab period for both standard and limited loans, and allow higher fees for program consultants.
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VA Calls for Six-Month Pause on Foreclosures

December 1, 2023
Monica Hogan
The Department of Veterans Affairs also extended its COVID-19 refund modification program through May 31.
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FHA Foreclosure Policy Faces Legal Uncertainty

December 1, 2023
Monica Hogan
An appeals court’s decision in Show Me State Premium Homes v. McDonnell has introduced uncertainty regarding the insurability of title following a nonjudicial foreclosure tied to an FHA-insured property.
Read More

FHA Will Continue to Focus on IT Modernization

December 1, 2023
Monica Hogan
The goal, FHA said in a new report, is to improve the quality and efficiency of its data and allow its program offices to better collaborate.
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RHS Proposes Updates to Single-Family Programs

December 1, 2023
Monica Hogan
Among other things, the proposed revisions will better align RHS’s single-family direct and guaranteed loan and grant programs.
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New Online Marketplace Offering HELOCs, HECMs

December 1, 2023
Monica Hogan
Wellahead clients are referred by professionals including long-term care providers, financial advisors and estate attorneys.
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Around the Industry

December 1, 2023
Monica Hogan
HECM servicing policy updates finalized; FHA ups 2024 loan limits; Ginnie Mae announces optional early closing date for multiclass transactions; FHA seeks comment on payment supplement final disclosure statement model document; new collaboration to offer homes for sale under FHA’s Claims Without Conveyance of Title second chance program.
Read More
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