Homebuilders

Lenders in the construction market hold their breath as economy reopens

06/16/20

The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.

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Colony entering eastern Georgia with deal for Cadence loan book

02/24/20

The company is buying a homebuilder finance portfolio with $47 million in loans and $80 million in commitments.

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Lenders tread carefully in return to homebuilder finance

08/20/18

A number of banks have stepped up efforts to lend to residential developers, though they are mindful of missteps made before the financial crisis.

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Expansion in home finance behind new Umpqua hire

06/05/18

Umpqua Bank has hired veteran lender Tom Farrell to help it grow its homebuilder finance group in California.

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GOP tax plan may not be so bad for housing after all, analysts claim

11/03/17

A House Republican tax proposal that infuriated housing groups and sent homebuilder stocks sliding would only have a modest impact on the market for new homes and could end up being a net positive for the industry, according to Keefe, Bruyette & Woods analysts.

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House approves disaster relief bill without contentious construction ban

10/12/17

While the House disaster relief bill would provide $16 billion in debt relief for the National Flood Insurance Program, it does not include a Trump administration proposal to ban new construction in flood-prone areas.

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First-time homebuyer market making comeback

06/02/17

For the first time in a decade, new owner households created in the first quarter were higher than the creation of renter households.

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Tariff on Canadian lumber adds to housing woes

06/01/17

A new tariff on Canadian lumber threatens to further disrupt homebuilding at a time when lenders are increasingly concerned about a purchase mortgage resurgence that has failed to materialize.

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Best bet for single-family construction loans is smaller banks, study suggests

04/18/17

Homebuilders looking for single-family construction loans may have better luck with small and midsize banks than larger ones, according to a report by the National Association of Home Builders.

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