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First-Time Buyers Are Choosing Conventional Over FHA Financing

Pro Builder

First-Time Buyers Are Choosing Conventional Over FHA Financing. Mon, 03/01/2021 - 09:43. Just 24% of first-time buyers went with an FHA loan in January while 59% of first-time buyers obtained conventional financing, reports the National Association of Realtors. Financing. cbroderick. Read More. . Financials.

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More Americans Became Equity Rich During the Pandemic

Pro Builder

More Americans Became Equity Rich During the Pandemic. Fri, 11/12/2021 - 09:30. As home prices reach record highs, more homeowners are gaining significant equity, meaning that some can even sell their homes for twice the amount they owe on their mortgages, according to Realtor.com. In the third quarter of 2021, roughly 39.5%

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FHA Will Change How Student Loan Debt Affects Eligibility

Pro Builder

Mon, 06/28/2021 - 09:41. This new policy will make a big difference for individuals throughout our nation and is another step in our mandate to promote equity and opportunity for homeownership,” said HUD Secretary Marcia Fudge in a statement. Housing Policy + Finance. Housing Policy + Finance. cbroderick. Read More. .

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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. . It can be used to determine the proportion of a company’s assets that are financed by debt. Debt-to-Equity . Formula: Total Liabilities / Total Shareholders’ Equity . Debt (Less Cash) to Equity .

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Law360 Recognizes Troutman Pepper Practices as 2021 Practice Groups of the Year

Constructlaw

Law360 has named two Troutman Pepper practices among its Practice Groups of the Year for 2021. Partner Luke Eaton also was recognized in 2021 by Law360 as a Construction Rising Star. Construction and Energy Practices Honored With National Awards. Energy is in our firm’s DNA,” said Partner Chris Jones. “We

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Just 3 in 100 Pandemic Homebuyers Are at Risk of Falling Underwater on Their Mortgage in 2023

Pro Builder

Even if home prices fall 4% in 2023, pandemic homebuyers are backed by low fixed mortgage payments, strong credit, and a steady stream of equity. Consider a homeowner who purchased their home in January 2021 for the then-median U.S. Financing. Wed, 12/14/2022 - 10:33. If home values were to fall 4% by the end of 2023, just 3.4%

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Acquisitive RSK looks to raise £500m through stake sale

Construction Enquirer

This would supplement around £500m from its debt finance provider Ares Management building a £1bn takeover war chest to fund an acquisition spree. RSK founder and CEO Alan Ryder said: “To fund this next stage of growth RSK will be undertaking a capital raise through a preferred equity instrument.

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