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Ongoing Housing Affordability Crisis Offers Investment Opportunities

Freddie Mac, Fannie Mae remain committed to providing financing for lower income apartments. Pat Jackson | May 17, 2021 Housing affordability continues to be a major crisis across the United States. For many, homeownership falls outside of reach as prices soar in key markets and construction costs make it difficult for builders to turn a profit on starter homes. The result is many would-be first-time homebuyers pushed into the rental market, another place where supply and demand dynamics ...
United States Freddie Mac Federal Reserve Bank Freddie Mac Optigo Small Balance Loan Program Fannie Mae Small Loan Program Income Housing Coalition

First Home Bancorp, Inc. : Reports Record Earnings for First Quarter 2021

Message : Required fields First Home Bancorp, Inc. (OTCQX: FHBI) (“FHBI” or the “Company”), parent company of First Home Bank (“First Home” or the “Bank”) reported record earnings for the first quarter of 2021, driven by mortgage banking income, as well as loan origination fees and net interest income associated with the Paycheck Protection Program (“PPP”). The Company reported net income for the first quarter of 2021 of $7.51 million, or $3.07 per basic common share and $2....
United States Tampa Bay Sankt Peterburg Anthonyn Leo First Home Bank Bank Residential Mortgage Division

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