In the News

BHC News, Fall Edition, Just Published

The Broward Housing Council’s quarterly newsletter, BHC News, for Fall 2015 has been published. The Fall edition highlights some of the Country's best practices in affordable housing, new homes for sale in Broward County, recent Supreme Court decisions, State of the Nation's Housing Report, online resources and more. You can read the BHC News Fall 2015 edition online and subscribe to receive the quarterly newsletter emailed to you directly.

 


Fannie Mae Announces Improved Affordable Lending Product

Desktop Underwriter to Identify Eligible Loans, Creating a Simple and Certain Process for Lenders
Source: Fannie Mae Press Release

Fannie Mae (FNMA/OTC) announced HomeReady™ mortgage, an innovative lending option aimed at helping creditworthy borrowers with lower and moderate incomes have access to an affordable, sustainable mortgage. HomeReady features new functionality for lenders through Desktop Underwriter® to automatically flag potentially eligible loans and fully leverage Fannie Mae’s integrated suite of risk management tools for greater certainty and efficiency. HomeReady reflects extensive research and lender input, and will replace Fannie Mae’s MyCommunityMortgage®. More...

 


Broward Housing Council Publishes FY 2014 Annual Report

On Tuesday, August 11, 2015, the Broward County Board of County Commissioners accepted the Broward Housing Council’s Fiscal Year (FY) 2014 Annual Report. The purpose of the report is to provide a summary of the resources and programs administered countywide that provide affordable housing to Broward County residents. This report provides a cumulative overview of affordable housing resources and programs on a countywide basis from October 1, 2013 through September 30, 2014.  More...

 


Experts are Worried About Another Housing Crash in Miami

Source: Business Insider/Myles Udland

Real-estate experts are worried about another housing crash in South Florida. Speaking to The Washington Post's Jim Tankersley, South Florida housing guru Jack McCabe said that the region's housing market looks like it could be heading for another bubble. "We have short memories here in Florida," McCabe told The Washington Post. "And we’re back at it. Every project is getting approved again. Particularly in the luxury-condo sector, there’s going to be a crash in prices in the next few years." More...

 


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