Today’s News August 20, 2019
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- Gov. DeSantis: Fla. Is Better Prepared for a Recession
“We’re much better positioned to weather an economic downturn then we were in 2008, 2009, when we really took it on the chin,” he said in a speech posted online.
- What Can Kill Sales Even in the Most Beautiful Homes?
Everything centers around the smell – the part of staging that too many homeowners neglect. But many sellers are “noseblind” and need an agent to point it out.
- Likely Winner in FHFA Credit-Score Easing? VantageScore
Fannie and Freddie must consider FICO credit-score alternatives, and the one that already exists – VantageScore – will likely take on a bigger credit-score role.
- HUD Rescinds Downpayment Assistance Rules for FHA Loans
The guidance released in April tried to clarify documentation requirements for government entities that provide downpayment assistance to buyers with FHA loans.
- New FHA Condo Loan Policy Benefits Developers Too
FHA’s new condo-approval mortgage-loan rules give developers flexibility to create more profitable projects – generally ones that are “large mixed-use projects or larger condo projects … marketed to investors as well as to owner-occupants.”
- 5G Cell Antennas Can Ignore Private Property Rights
The antennas – about the size of a mini-fridge – can go almost anywhere under Fla. law, but most will be placed on phone poles in areas without underground wires.
