The exterior of buildings at the millionaires enclave on Fisher Island. (Photo by: Jeffrey … [+] Greenberg/Universal Images Group via Getty Images) Universal Images Group via Getty Images Fisher Island Community Association, the homeowners’ group in the exclusive island near Miami, has received approval for a $2 million loan through the federal Paycheck Protection Program
This was a house flip we bought from a wholesaler last year. It needed a lot of work but it ended up needing even more work after we found out the addition roof was not structurally sound. We ended up having to rebuild much of that roof which we were not expecting. We also made
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Photo by Shutterstock The coronavirus pandemic appears to be preventing more developers from breaking ground on new apartment construction projects, which signals that COVID-19 is set to worsen the nation’s affordable housing shortage. The latest round of the National Multifamily Housing Council’s survey of construction firms showed an 11% uptick in the number of apartment
A logo sign outside of the headquarters of loanDepot in Lake Forest, California Kristoffer Tripplaar | Sipa USA | AP Images One of the nation’s largest nonbank mortgage lenders is about to get even larger. California-based loanDepot announced it will hire 3,000 new employees by the end of this year, starting with 400 now. On
HECMs plus Annuities have synergistic benefits for retirees © Can Stock Photo / gpointstudio HUD created this ingenious and multi-faceted reverse mortgage program, but its well-intentioned effort to protect it against misuse has been a disaster. The disaster has stemmed from HUD’s requirement that the HECM be a stand-alone product, as opposed to being part
Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S.. Andrew Harrer | Bloomberg | Getty Images As the economic shutdown drags on and job losses mount, more borrowers are opting to delay their monthly mortgage payments through mortgage forbearance plans. The majority are doing it through a program designed to provide relief to