The National Affordable Housing Management Association, Alexandria, Va., has issued a new guidebook designed to help owners and managers of multifamily housing properties understand their responsibilities under HUD's recently revised guidelines.Titled "Managing Occupancy: A Companion Guide to HUD's Occupancy Handbook," the guidebook covers issues such as technical problems likely to be faced by front-line housing management staff. Those problems include how to determine annual and adjusted income or calculate rent, and larger policy issues of interest to senior-level managers and property owners. The guide, produced by The Compass Group of Washington, D.C., may be of interest to attorneys and housing consultants, individuals interested in multifamily housing management, housing regulators and contractors, or tenant advocates.
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McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
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The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
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The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
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In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
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The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
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