Category Archives: Apartment Loans

Blend Becomes Industry’s First End-to-End Digital Mortgage Platform Approved for Fannie Mae’s Day 1 Certainty™

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(RECAP: Blend, a Silicon Valley technology company propelling the consumer lending industry into the digital age, today announced it is the first end-to-end platform to be approved to provide asset verification reports for the Desktop Underwriter ® (DU®) validation service, a component of Day 1 Certainty by Fannie Mae.)

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White House Budget Calls For Deep Cuts To HUD

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(RECAP: The White House’s Fiscal Year 2019 budget proposal, released Monday, calls for work requirements for those who receive public housing subsidies and slashes funding for HUD by $8.8 billion. The budget outline also zeroes out the Public Housing Capital Fund, dedicated to rehabilitating and modernizing public housing developments, and eliminates the Community Development Block Grant which local governments can use at their discretion to address a variety of community and infrastructure needs.)

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First Lady Pam Northam Announces Findings of New Report Showing Historic Preservation Tax Credits Boost Virginia’s Economy

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(RECAP: During an annual legislative reception hosted last week, First Lady Pam Northam highlighted the findings of two just-completed studies that show the sustained and substantial contribution preservation makes to Virginia’s economy through the incentives of state historic rehabilitation tax credits (RTCs) to repurpose and recycle ancient buildings.)

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