Meeting the needs of affordable housing with loan servicing
Meeting the needs of affordable housing with loan servicing
This blog was written by Elaine Magil, Director, Advisory & Transactions at TCAM, An MRI Company Affordable housing loans are far more complex and varied than standard first mortgage commercial and homeownership loans. Often issued to fill gaps in the financing structure, affordable housing loans can have a wide variety of funding sources, payment terms, … Continued
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This blog was written by Elaine Magil, Director, Advisory & Transactions at TCAM, An MRI Company Affordable housing loans are far more complex and varied than standard first mortgage commercial and homeownership loans. Often issued to fill gaps in the financing structure, affordable housing loans can have a wide variety of funding sources, payment terms, โฆ Continued
The post Meeting the needs of affordable housing with loan servicing appeared first on MRI Software.
This blog was written by Elaine Magil, Director, Advisory & Transactions at TCAM, An MRI Company Affordable housing loans are far more complex and varied than standard first mortgage commercial and homeownership loans. Often issued to fill gaps in the financing structure, affordable housing loans can have a wide variety of funding sources, payment terms, โฆ Continued
The post Meeting the needs of affordable housing with loan servicing appeared first on MRI Software.
The population of North Texas has surged by 650,00 over the last five years, increasing the demand for essential services from ENR Texas & Louisianaโs 2022 Owner of the Year, the North Texas Municipal Water District.
The population of North Texas has surged by 650,00 over the last five years, increasing the demand for essential services from ENR Texas & Louisianaโs 2022 Owner of the Year, the North Texas Municipal Water District.
Through the utilization of MRI Softwareโs technology and consulting, Saint Paul Public Housing Agency (PHA) successfully closed its Rental Assistance Demonstration (RAD) transaction, the largest RAD conversion in the history of the program, converting 3,836 units to RAD Project-based Rental Assistance (PBRA). This historic conversion is a huge achievement for both Saint Paul PHA and โฆ Continued
The post Meeting the challenges of RAD conversion for public housing agencies appeared first on M...
Through the utilization of MRI Softwareโs technology and consulting, Saint Paul Public Housing Agency (PHA) successfully closed its Rental Assistance Demonstration (RAD) transaction, the largest RAD conversion in the history of the program, converting 3,836 units to RAD Project-based Rental Assistance (PBRA). This historic conversion is a huge achievement for both Saint Paul PHA and โฆ Continued
The post Meeting the challenges of RAD conversion for public housing agencies appeared first on M...
Nearly every industry is experiencing high turnover at the moment, and the commercial real estate sector is no exception. New workplace trends like the Great Resignation have led to a high level of employee churn, disrupting essential processes and tasks within the business. Companies across multiple sectors are losing key individuals who have considerable influence and knowledge of portfolio management, and it can take months to backfill the positions and train new talent for the job. For many...
Nearly every industry is experiencing high turnover at the moment, and the commercial real estate sector is no exception. New workplace trends like the Great Resignation have led to a high level of employee churn, disrupting essential processes and tasks within the business. Companies across multiple sectors are losing key individuals who have considerable influence and knowledge of portfolio management, and it can take months to backfill the positions and train new talent for the job. For many...
Eddie Lorin co-founded Strategic Realty Capital as a culmination of his 25 years experience in investment real estate. Since 2008, SRC has purchased close to 10,000 units in over 40 transactions and has built a strong performing portfolio. All of SRCโs apartment assets were purchased opportunistically and successfully re-positioned into thriving communities. Lorin is also cofounder of the 501c3 HAPI Foundation which was developed to promote health and wellness in apartment communities. ย In t...
Eddie Lorin co-founded Strategic Realty Capital as a culmination of his 25 years experience in investment real estate. Since 2008, SRC has purchased close to 10,000 units in over 40 transactions and has built a strong performing portfolio. All of SRCโs apartment assets were purchased opportunistically and successfully re-positioned into thriving communities. Lorin is also cofounder of the 501c3 HAPI Foundation which was developed to promote health and wellness in apartment communities. ย In t...
One of the largest loan-servicing companies in the nation, Lakeview Loan Servicing LLC, is facing at least a dozen civil lawsuits, all seeking class-action status, in the wake of a major cyberattack that compromised the personal data of the mortgage borrowers the company serves.ย That data breach, revealed by Lakeview in mid-March, targeted the personal [โฆ]
The post Lakeview Loan Servicing confronts wave of lawsuits after data breach appeared first on HousingWire.
One of the largest loan-servicing companies in the nation, Lakeview Loan Servicing LLC, is facing at least a dozen civil lawsuits, all seeking class-action status, in the wake of a major cyberattack that compromised the personal data of the mortgage borrowers the company serves.ย That data breach, revealed by Lakeview in mid-March, targeted the personal [โฆ]
The post Lakeview Loan Servicing confronts wave of lawsuits after data breach appeared first on HousingWire.
With a huge challenge like housing affordability, it's easy to feel like the problem is too big to tackle. This organization is stepping up and funneling investor money into units that can be rented out below market rate. The effort has attracted the support, and cash, of some major Austin business people. Also included with this story: ABJ's latest list of new apartment towers and complexes.
With a huge challenge like housing affordability, it's easy to feel like the problem is too big to tackle. This organization is stepping up and funneling investor money into units that can be rented out below market rate. The effort has attracted the support, and cash, of some major Austin business people. Also included with this story: ABJ's latest list of new apartment towers and complexes.
State support needed to complete affordable housing capital stacks: Treasurer Godlewski State should help complete affordable housing capital stacks: Treasurer Godlewski
State support needed to complete affordable housing capital stacks: Treasurer Godlewski State should help complete affordable housing capital stacks: Treasurer Godlewski
As a property owner or manager, you likely already understand all the pains and gains that come along with this challenging yet rewarding position, especially if you donโt have a comprehensive property management solution. However, no matter how many years of experience you have, and how much youโve scaled your business, every property manager faces the same issues at some point along the timeline. Maybe youโre starting to ask yourself questions like: How can I be a better property manag...
As a property owner or manager, you likely already understand all the pains and gains that come along with this challenging yet rewarding position, especially if you donโt have a comprehensive property management solution. However, no matter how many years of experience you have, and how much youโve scaled your business, every property manager faces the same issues at some point along the timeline. Maybe youโre starting to ask yourself questions like: How can I be a better property manag...
Itโs easy to keep costs low when you have sensible renters that care about their residence, adhere to your agreement, and are happy to do minor maintenance jobs for you. But how do you find good tenants? Where do the best ones spend their time? Letโs take a look and find out. The importance of finding good tenants for multifamily properties When it comes to managing a profitable multifamily property, occupancy rates are key. Tenant turnover can cost you an arm and a leg, so managing their e...
Itโs easy to keep costs low when you have sensible renters that care about their residence, adhere to your agreement, and are happy to do minor maintenance jobs for you. But how do you find good tenants? Where do the best ones spend their time? Letโs take a look and find out. The importance of finding good tenants for multifamily properties When it comes to managing a profitable multifamily property, occupancy rates are key. Tenant turnover can cost you an arm and a leg, so managing their e...