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Results: 1141 Articles found.
Nov 20, 2019 12:30 PM

IRS Boosts Enforcement of Syndicated Conservation Easements

The IRS announced Nov. 12 that it’s ramping up enforcement actions for syndicated conservation easement transactions, looking for overstated values from more than a billion dollars in easements donated to charity. The IRS says it intends to end “abusive” transactions that defraud the government of revenue and undermine efforts at private land conservation.

 
Nov 20, 2019 12:30 PM

Public Offering of Shares in Fannie and Freddie May Be Available By 2021: FHFA

A large public offering of shares in Fannie Mae and Freddie Mac will probably be ready by 2021 or 2022, according to Federal Housing Finance Agency Director Mark Calabria, National Real Estate Investor reported Nov. 13. Calabria said he expects the FHFA to have a rule dictating capital requirements in place before the enterprises go to market.

 
Nov 20, 2019 12:30 PM

AQB Clarifies Sanctions Criteria, Reviews PAREA Guidelines

The Appraiser Qualifications Board at its Nov. 1 public meeting adopted the second exposure draft of proposed changes to the Real Property Appraiser Qualification Criteria pertaining to supervisor qualifications. The changes clarify that sanctions levied against an appraiser over administrative matters do not prevent that individual from acting as a supervisory appraiser. The changes take effect Jan. 1.

 
Nov 14, 2019 08:00 AM

Appraisal Institute Premieres Solar Photovoltaic Seminar

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a four-hour classroom seminar on developing the value of solar photovoltaic systems today in Chicago.

 
Nov 13, 2019 12:30 PM

Widespread Acceptance of Digital Mortgages Years Off: Fitch

Concerns over enforceability, technology and security could delay broad acceptance of digital mortgages for several years, according to ratings agency Fitch Ratings, HousingWire reported Nov. 5. While some government and mortgage industry entities have made progress, the use and acceptance of electronic promissory notes remains a big hurdle.

 
Nov 13, 2019 12:30 PM

WeWork May Leave Landlords with Empty Space, Bills: Report

Some landlords who signed leases with beleaguered co-working operator WeWork may be left with both vacant space and the bills for tenant improvements because the We Company structured its leases through LLCs that are not guaranteed by its holding company, according to real estate advisory firm George Smith Partners, National Real Estate Investor reported Nov. 12.

 
Nov 13, 2019 12:30 PM

FHFA Seeks Public Feedback on Fannie Mae, Freddie Mac UMBS Pooling Practices

The Federal Housing Finance Agency on Nov. 4 issued a Request For Input on pooling practices for Fannie Mae and Freddie Mac in preparation for new uniform mortgage-backed securities. The agency also is seeking input by Dec. 19 about other policies that might impact UMBS fungibility, including oversight of UMBS prepayment speeds and alignment.

 
Nov 06, 2019 12:30 PM

DOJ, HUD Ease Off False Claims Act, Eye More FHA Lending

The government will limit use of the False Claims Act against mortgage providers in pursuit of settlements related to Federal Housing Administration loans, Housing and Urban Development Secretary Ben Carson told attendees at the Mortgage Bankers Association Annual Conference Oct. 28 in Austin, Texas, HousingWire reported. HUD wants to coax big banks back to FHA lending.

 
Nov 06, 2019 12:30 PM

Fed Cuts Interest Rates, But Says No More Reductions Coming Unless Economy Worsens

The Federal Reserve on Oct. 30 cut interest rates for the third time this year, but Fed Chair Jerome Powell said that monetary policy is in a good place and no further rate reductions would occur unless the economy gets worse, Reuters reported. In contrast, President Trump is advocating further rate cutting.

 
Nov 06, 2019 12:30 PM

FHFA Scorecard for GSEs Sets Stage to Exit Conservatorship

The Federal Housing Finance Agency on Oct. 28 released its annual scorecard outlining goals for Fannie Mae and Freddie Mac for the coming year, and this one emphasized the removal of the government-sponsored enterprises from conservatorship, HousingWire reported. The scorecard also addressed national housing finance matters and safe and sound business practices.

 
 
Results: 1141 Articles found.

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