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Mortgages and Banking

Foreclosures Plummet on California Legislation

The new restrictions drove foreclosure starts to a 79-month low in January.
NAHB Calls for Overhauling the Appraisal System

Its “blueprint” for reform focuses on streamlining standards and their enforcement, expanding education and training, and upgrading real...
FHA to Tighten Underwriting, Raise Premiums

The effort to boost capital reserves also includes changes to reverse mortgage offerings.

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Accounting

Builder MT Teams Up with Microsoft Dynamics

The collaboration will allow the two systems' workflow and accounting features to work as one fully integrated solution.
Home Appraisal Process Flawed, Government Report Finds

A Government Accounting Office study has raised concerns over the quality and oversight of the appraisal industry.
Beazer's McCarthy to Return $6.5 Million in Compensation

Beazer Homes USA, Atlanta (NYSE:BZH) late Thursday announced its CEO, Ian J.McCarthy, has reached a resolution with the Securities and...

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Lenders

Perception Is Reality in How Lenders See Builders

More than ever, creditworthiness is in the eye of the beholder, says one financial consultant.
FHA to Tighten Underwriting, Raise Premiums

The effort to boost capital reserves also includes changes to reverse mortgage offerings.
A New Capital Source for Infill Projects Breaks onto the West Coast Scene

Sabal Financial is targeting small to midsize builders in need of AD&C financing.

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Loans

Lending Remains Key for New-Home Sales

Cash-only purchases of new homes appear to be declining.
From Start to Finish: Keeping the Active House on Budget

An energy-efficiency loan is key to the success of the Active House USA project.
Public Builders Vs. Private Builders

The plumbing line for capital is wide for publics, narrow for privates.

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Estimating

Mobile Apps: Epicor

The global software retailer developed a mobile module for its sales system, allowing reps whose firms use its software to view inventory...
Mobile Apps: MiTek

Building material suppliers can collaborate with their contractor and builder customers using MiTek’s Mobile Viewer.
Big Builder Survey: On the Matter of Foreclosures

Currently, foreclosures--and whether they will or will not continue apace--appear the most significant threat to the overall housing...

All articles in Estimating