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Efficiency, POS, Policy and Procedure Tools; Events and Webinars Entering August; More "Soft Landing" Talk?

“Yesterday I completed a chore I’ve been putting off for four months. It took me 20 minutes. I will learn nothing from this.” That sums up a lot of my tasks. But that was then, and today I head to Austin, the capital of Texas and where they just voted to approve a wide-ranging property tax reduction bill. Which is good, as Texas residents will need the money for air conditioning in the 106-degree heat forecast for today. What if you’re the owner of an office building with few tenants, absorbing that AC cost yourself? Say what you will about slow times in residential lending, commercial lenders are very anxious. Rumor has it there is 1 billion (with a “b”) square feet of empty space. That’s 4.44 million 15x15 square foot offices. Word has it that landlords are very concerned about when the leases are due in commercial real estate around the nation, and world, as some percentage of people have shifted from office to WFH (working from home), or at least are in some hybrid arrangement. “People need a place to live, they don’t necessarily need a place to work.” (Today’s podcast can be found here and is sponsored by Candor. Candor’s patented automated underwriting decision engine, CogniTech, is a state-of-the-art, 100 percent machine platform that can handle infinite loan scenarios. Listen to an interview with CHLA’s Scott Olsen on the seven consumer rights.) Lender and Broker Software, Products, and Services Have you ever experienced something so good you couldn’t wait to tell the world about it? Maybe it was a Michelin star restaurant, or a play under the glittering lights of Broadway. Or maybe it was your loan origination system. Mortgage professionals from across the industry are raving about Empower®, and they’re opening up on camera about how Black Knight’s automated, integrated LOS has created new efficiencies, saved time and money, and helped foster borrowers and members for life. Empower is a cloud-based LOS that puts you back in control of your lending business, and its credibility speaks for itself. Want to know why mortgage pros can’t stop talking about Empower? Click here to see, and then contact Black Knight when you’re ready to try it for yourself.

Dallas , Texas , United-states , Chicago , Illinois , Kentucky , Australia , California , Florida , Blaine-rada , Lawrence-yun , Robbie-chrisman

A year after Eastern Kentucky floods, where is all the public money for recovery going?

A conservative estimate would put the amount of public funds pledged to flood recovery at well over $750 million.

Kentucky , United-states , Floyd-county , Brushy-fork , Breathitt-county , Berea-college , Kentucky-river , Chestnut-ridge , Knott-county , Scott-mcreynolds , Myra-shird , Michelle-allen

Borrower-Focused, MI, Retention. MERS Audit, Delinquency Mgt. Products; Events and Training

“I am part of the 4 percent who want to ban the teaching of math. We are a quarter of the country, and we will not be ignored! And that number is growing; soon we will be a fifth of the country!” While we’re being quantitative… Everyone knows that there are 50 stars on the United States Flag. In 1945 there were 48, before Alaska and Hawai’i were granted statehood. Someone should have told the folks who filmed or fact checked “Oppenheimer.” Continuing with numbers, the South or Midwest, which also boast the highest U.S. homeownership rates, are also the regions that have the highest rental vacancies in the nation, according to the U.S. Census Bureau’s Housing Vacancies and Homeownership data. The Midwest had the nation’s highest homeownership rate (70 percent) in the first quarter of 2023, followed by the South (67), Northeast (63) and West (62 percent). A bigger share of homeowners (41.6 percent) than renters (28.7 percent) had a bachelor’s degree or higher. They also earned more money, as median annual household income was $78,000 compared to renters’ $41,000. (Today’s podcast can be found here and sponsored by ReadyPrice, offering the industry’s most powerful universal delivery portal that gives brokers the edge they need. Shop, lock and deliver with multiple lenders, all in one place, for free! Hear an interview with FundingShield’s Ike Suri on the latest wire and title fraud findings.) Lender and Broker Products, Services, and Software Forty-five new agencies began offering DPA last quarter, signaling a sustainable groundswell in programs to support affordable financing. This is according to Down Payment Resource’s Q2 Homeownership Program Index (HPI) report, which dropped yesterday. What’s more, homebuyer assistance agencies are expanding program support of manufactured and multifamily properties to increase options for LMI buyers as inventory figures hover near historic lows. To get a full breakdown of the 2,373 homebuyer assistance programs available today, read DPR’s Q2 HPI report.

Hawaii , United-states , Kentucky , Alaska , Florida , California , Donna-vernell , Lawrence-yun , Rebecca-lorenz , Wes-horbatuck , Justin-demola , Andrew-oxley

Processing, Internal Audit, Cash Mgt., Security Tools; Training and Events; CPI Results and Mortgage Rates

Processing, Internal Audit, Cash Mgt., Security Tools; Training and Events; CPI Results and Mortgage Rates
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

Canada , Georgia , United-states , Florida , Michigan , Kentucky , Hythe , Alberta , America , American , Atlanta-bostic , Nora-guerra

$46 million affordable housing complex opens in Lexington. City to add 650 units by fall

“Everyone deserves a safe, affordable home,” said Chris Dischinger, developer of The Alcove at Russell.

Fayette-county , Kentucky , United-states , Hamburg , Germany , American , James-brown , Rick-mcquady , Linda-gorton , Newtown-pike , Chris-dischinger , Community-development-charlie-lanter

Commissioners discuss Glyndon Hotel plans, Section 8 in workshop meeting

Hannah Hisle

Ohio , United-states , Berea , Lab , Syria , City-of-richmond , Kentucky , Kentucky-river , Scott-county , Madison-county , Rob-minerich , Mike-brewer

Louisville affordable housing: See where units have or will be built

With Mayor Craig Greenberg setting a goal to build 15,000 affordable housing units in his first term, we look at what's been done so far.

Kentucky , United-states , Louisville , Mill-creek , American , David-maddox , Mccormack-baron-salazar , Greg-fischer , Christie-mccravy , Craig-greenberg , Marian-development , Louisville-tenants-union

Gov. Beshear gives Team Kentucky Update on May 11

On May 11, Kentucky Governor Andy Beshear was joined by Dr. Steven Stack as they attended the Team Kentucky Update.

Kentucky , United-states , Hopkinsville , Montgomery-county , Russell-high-school , American , Kentuckians , Cecelia-ann-rogers , Joe-biden , Arnav-dharmagadda , Andy-beshear , Beatriz-oliveira-antunes

Kentucky receives $3.5 million from HUD for affordable housing development

Kentucky will get $3.5 million from the U.S. Department of Housing and Urban Development, or HUD, to produce more affordable housing, as part of an annual effort to alleviate the country’s affordable housing crisis.

Kentucky , United-states , Louisville , Tony-curtis , Craig-greenberg , Biden-harris-administration , Kentucky-housing-corporation , Metro-council , National-low-income-housing-coalition , Housing-coalition-in-louisville , Affordable-housing-trust-fund , Housing-trust-fund

Henderson organization announces new name and plans for housing project

An organization out of Henderson has a new name and plans to expand its services to more individuals living with disabilities.

Julie-wischer , Odell-roach , Club-of-henderson , Hugh-edward-sandefur-center , Elevate-training-center-program , Hugh-edward-sandefur , Rotary-club , Second-street , Director-julie-wischer , Kentucky-housing-corporation , Housing , Disability