Chase D. Fonteno has been named president and chief executive officer of Hilton Head Properties Inc., a Dallas-based real estate investment firm.Hilton Head said Mr. Fonteno has over 25 years' experience in real estate investment and management, including an "extensive background" in affordable housing initiatives and multifamily project financing and redevelopment. The company, which specializes in the acquisition and owner-financed sale of single-family residential housing and long-term investment in multifamily projects, can be found on the Web at http://www.hiltonheadproperties.net.
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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.
April 18 -
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.
April 18 -
The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
April 18 -
The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
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But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
April 18 -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
April 18