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The Niche Mortgage: Carving a Niche in a Nicheless Industry

Tax Credit Expands Home Buyer, Economic Activity

Home Builders Are Strapped for Credit

Eye on the Economy: The Financial Markets Still Need Time to Heal

Single-Family Starts Ease As Credit Deadline Looms

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

The Niche Mortgage: Carving a Niche in a Nicheless Industry

 

By: Michelle McBride

 

Having a unique mortgage product today is quite simply, unique. Even better than having something unique is having something that is unique and timely for this new season in mortgage lending and home building. more

Tax Credit Expands Home Buyer, Economic Opportunities 

From NAHB

 

November 17, 2009 - The National Association of Home Builders (NAHB) is spreading the word to consumers about an important new law that extends and expands an attractive tax incentive for potential home buyers.  The Worker, Homeownership, and Business Assistance Act of 2009, signed into law by President Obama on Nov. 6, extends the deadline for the first-time home buyer tax credit and gives a larger group of home buyers the chance to take advantage of this government program. more

 

 

 

Home Builders Are Strapped for Credit

 

Written by: Steve Cook   Tue, September 29, 2009     Beyond Today's News, Crisis Watch

Nearly two-thirds of the nation’s single-family home builders are putting single-family construction projects on hold due to a severe lack of acquisition, development and construction financing, according to a new builder survey conducted by....more

Eye on the Economy: The Financial Markets Still Need Time to Heal

Written by: David Cowe, NAHB Cheif Economist     September 21, 2009    National Building News

 
The financial markets have come a long way since their near collapse a year ago. Some components are functioning close to normal while others need more time and a healthier economy to heal.

The permanent mortgage market is functioning, thanks to the federal government, but underwriting standards are tighter and fewer households can qualify for a mortgage. Financial institutions are still failing. The vicious cycle of foreclosures continues to threaten stability in home prices. Acquisition, development and construction (AD&C) loans remain out of reach for most builders. more

Single-Family Starts Ease As Credit Deadline Looms

From NAHB

September 17, 2009 - Production of new single-family homes slowed in August as the expiration date for an important buyer incentive drew nearer, according to figures released by the U.S. Commerce Department today. While overall housing starts rose 1.5 percent...more.

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