A federal appeals court ruled Ginnie Mae can wipe out a bank's $28 million lien on reverse mortgage tail balances, reshaping risk assessments for lenders in the HMBS market.
A new report from the Prosper UK Housing Commission calls for a legal ban on rent controls and reforms to boost build-to-rent supply, citing Scotland's policy as a deterrent to investment.
Bellway aims to build 9,000-9,400 homes this year, down from 9,695 last year, but its CEO says the new Your First Home scheme could boost output by 10%.
Raven Housing Trust has purchased 2,227 homes from Orbit Group, expanding its portfolio to over 9,500 homes across nine South East local authorities to boost affordable housing supply.
A property adviser calls for stamp duty reform to support housing supply, while a stalled 205-home affordable scheme in Winsford is completed.
Housing associations are urging the government to allocate an extra £5.3bn in the Autumn Budget to unlock 41,000 stalled affordable homes, arguing full funding would deliver major economic benefits.
Councillor Sue Sampson, Hounslow's cabinet member for housing, did not declare her directorship of property firm Cestrensis Limited, sparking calls for her removal and an investigation into transparency.
Brookfield has appointed three non-executive directors to Ursa Affordable Housing following its acquisition of WH Housing.
Unite Students reported a £417m pre-tax loss for the first half, driven by property revaluations, but maintained strong bookings and its earnings outlook while planning significant disposals.
Bank OZK has given IQHQ a roughly six-week extension on a $915 million construction loan for the vacant RaDD life sciences project in San Diego, pushing the maturity date to October 9, 2026. The short-term forbearance follows the original loan's maturity and comes as investors mark down their positions ahead of the bank's October earnings call.
London boroughs Harrow and Hillingdon have introduced Article 4 directions, requiring planning permission to convert family homes into small HMOs.
Homes are staying on the market longer, shifting leverage from sellers to buyers who can now negotiate price cuts.
London boroughs Harrow and Hillingdon have introduced borough-wide Article 4 directions, requiring planning permission for small HMO conversions.
Province of Buenos Aires · Ministry of Justice of Buenos Aires
Costa Rica · 2000s
Varies by region · Varies by region
Colombia · 16th century
Public bank and financial services company · Brasília, Federal District
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