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Jumbo Loans Are Near 2008 Again

Pro Builder

Jumbo Loans Are Near 2008 Again. Originations of large jumbo loans that exceed the conforming limits set for Freddie Mac and Fannie Mae could hit a level this year that hasn’t been seen since the run up to the 2008 credit collapse. Financing. Wed, 10/13/2021 - 10:25. and European bank bailouts.

Banking 52
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Adjustable-Rate Mortgages Are on the Rise Once Again—Here’s What That Means for Today’s Homebuyers

Pro Builder

Adjustable-rate mortgages (ARMs) played a significant role in the Great Recession of 2008, which is why a rising share of adjustable-rate mortgage applications in 2022 raised some eyebrows amid talks of a housing downturn. Lending practices have been reformed after hard lessons learned in 2008. Financing.

Finance 98
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Solutions to Housing Affordability

Pro Builder

One side was summarized by “Deregulate construction, deregulate banking, deregulate oil exploration, freeze environmental regulations, and stop raising taxes,” while the opposite end of the spectrum can be characterized by “Housing [that] enjoys government preference [if sold] only to urban, low-income families.”. Housing Policy + Finance.

Housing 98
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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Compliance/Regulations. I would like to share the following tips to use before approaching the bank(s) or other financial institutions for additional financing, and some non-bank financing options. December 2008. November 2008. October 2008. September 2008. August 2008.

Banking 120
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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Compliance/Regulations. All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. December 2008. November 2008. October 2008. September 2008. August 2008.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Compliance/Regulations. December 2008. November 2008. October 2008. September 2008. August 2008. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management.

Software 120
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PACE in Maryland is Not Keeping Pace

Green Building Law Update

In 2008 I said Property Assessed Clean Energy (PACE) loans “ could be bigger than anything in U.S. real estate since the invention of the glass window.”. But today, despite Maryland having enacted a PACE enabling law in 2014, only one PACE loan has closed in the State. By any measure, one is not an overwhelming success. So, what is wrong?

Maryland 136