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Cherokee Nation Engages In HUD Housing Program For Skilled Workers

A U.S. Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. The Cherokee Nation announced it will participate in HUD’s Section 184 Skilled Workers Demonstration Program, which will allow for the construction of

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Concerns Are Growing Over The Rising Cost Of Homeowners Insurance

The rising cost of homeowners insurance is weighing more heavily on American homeowners and buyers, according to a survey published Wednesday by Mphasis Digital Risk, a technology services company serving the residential real estate lending industry. The nationwide survey received 1,634 responses from a pool of homeowners and non-homeowners. The

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Celink Files Objection Seeking Dismissal Of Fees Lawsuit

Reverse mortgage servicing company Celink is seeking the dismissal of a lawsuit alleging that it had added unlawful servicing fees to reverse mortgage loans alongside now-bankrupt lender Reverse Mortgage Funding (RMF). In response to the recent recommendation by a magistrate judge against the dismissal of Dancy-Wilkins v. Compu-Link Corporation, the

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Rent Growth To Slow Further In 2024 As More Inventory Arrives

Housing experts expect that a boost in apartment inventory in 2024 will dampen rent growth. However, affordability woes will persist. Commercial property firm CBRE estimates that rent prices will only grow 1.2% this year, bringing the vacancy rate above the pre-pandemic level, the Wall Street Journal reported. However, the occupancy

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