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FHA Will Change How Student Loan Debt Affects Eligibility

Pro Builder

FHA Will Change How Student Loan Debt Affects Eligibility. Mon, 06/28/2021 - 09:41. In order to assist more lower-income homebuyers and close the racial homeownership gap, the Federal Housing Administration (FHA) will change the way it reviews an applicant’s student loan debt. cbroderick.

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Mortgage Equity Withdrawal Increased Sharply in Q4 2021

Pro Builder

Mortgage Equity Withdrawal Increased Sharply in Q4 2021. Mortgage debt is up $1.05 In the mid-2000s, the housing bubble led to a $250 billion increase in mortgage debt per quarter as homeowners borrowed heavily against their perceived home equity, and Q4 2021 saw a similar trend as mortgage debt increased by $245 billion.

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Millennials Are Flooding the Housing Market, but Cash-Strapped Boomers Are Standing in Their Way

Pro Builder

Between July 2021 and June 2022, baby boomers made up the largest share of homebuyers for the first time since 2012, purchasing 39% of all homes sold compared with 28% of home purchases by millennials. For better or worse, homeownership is the most popular form of wealth building for most American households.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . FINANCIAL RATIOS: DEBT . Debt Ratio . Debt Ratio measures the extent of a company’s leverage. It can be used to determine the proportion of a company’s assets that are financed by debt.

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Investors Dedicated Billions to Built-For-Rent in 2020—Expect Even More in 2022

Pro Builder

Tue, 02/23/2021 - 09:27. Margaret Whelan of Whelan Advisory has been advising several operators in raising this capital, and is watching the relationship between equity and debt. While equity investors are aggressively positioning to take advantage of the growth in this nascent segment, lenders are also getting involved.

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Ilke Homes files administration notice

Construction Enquirer

US-based investor Fortress led the equity investment fundraise, with existing shareholders TDR Capital and Sun Capital also subscribed. This came after a £60m injection in November 2021. The latter fundraise was split between a £30m loan from government agency Homes England and £30m of equity from investors.

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Home Price Appreciation Benefits Some Homeowners but Leaves Many More Scrambling

Pro Builder

Wed, 12/15/2021 - 10:07. While some are swimming in equity, others are drowning in debt—and losing their homes as a result. Property tax increases are causing foreclosure rates to rise in states where homeowners are already facing high unemployment rates, income inequality, and large debt-to-income ratios. Read more.

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