SYDNEY (Reuters) - The Australian government on Friday blocked the sale of S. Kidman & Co, the country's largest private land holding, to a Chinese-led consortium for the second time in six months, again saying the sale is not in the national interest.
Read more... http://mobile.reuters.com/article/idUSKCN0XQ0KR
The city of Phoenix Housing Department will accept applications for the Section 8/Housing Choice Voucher (HCV) program beginning Monday, May 23 through Friday, May 27, or until 10,000 applications are received.
The city's HCV program is funded by the U.S. Department of Housing and Urban Development and is available for low-income individuals and families to provide safe and decent affordable housing. Program participants pay at least 30 percent of their adjusted gross monthly income toward their rent to a private landlord of their choice and the program will pay the landlord the remaining balance of the rent.
Read more... https://www.phoenix.gov/news/housing/1275
It appears that lenders have surmounted the initial difficulties they encountered with the roll-out of the new Truth-in-Lending disclosures (TRID) required by the Consumer Financial Protection Bureau (CFPB) starting in October 2015. The new rule initially led to delays in home sale closings as lenders and their software vendors became familiar with the system.
Read more... http://www.mortgagenewsdaily.com/04212016_ellie_mae_loan_metrics.asp
Gridlock in the housing market that's slowing both first-time home purchases and trade-ups to better units is the chief reason for a persistent housing shortage, according to a new study.
Read more... http://www.usatoday.com/story/money/2016/03/21/blame-owners-not-builders-housing-crunch/81990336/
