Conforming, FHA loan limits rose for 2024, but who benefits?

The latest baseline increase in conforming loan limits has enabled loan originator Dave Krichmar’s client to make a 5% down payment instead of 10%.The self-employed homebuyer found an $800,000 home in Texas, but with the conforming loan limit for 2023 being $726,200, the buyer needed a jumbo loan or
Read MoreHUD proposes 30-day notice rule for public housing rent nonpayment

The U.S. Department of Housing and Urban Development (HUD) on Friday published a proposal that would require public housing agencies (PHA) to provide 30 days’ notice before filing an eviction notice in court for nonpayment of rent.PHAs with tenants in public housing and owners of properties particip
Read MoreIntroducing the 2023 HousingWire Tech Trendsetters!

As the housing market continues to undergo a seismic shift, technology leaders like this year’s Tech Trendsetters stand as beacons, guiding the industry toward a future where innovation is not an option but an imperative for success. From cutting-edge fintech solutions to revolutionary proptech plat
Read MoreREBNY vows to fight copycat commission lawsuit

In the face of a copycat commission lawsuit, the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.”Originally filed in early November, the commission lawsuit know
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