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Financial

Business financials advice, reports, and trends for professional home builders and remodelers.


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The Five Foundational Cornerstones

Business coach Scott Beebe shares insights into the often ignored business basics that could be the difference between long-term success and failure




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Leadership

Always deliver value

Your custom building clients come from all walks of life. But they have one thing in common: They are successful, and they have money. And more often than not, your clients are wealthy because they spend wisely.

Leadership

Mark Richardson: Help your potential clients feel more confident

Confidence. Such a simple word but also a word that may have more to do with your success or failure than any other.

Financial

Sabal Financial Group announces builder lender program, appoints director

Financial services firm Sabal Financial Group, L.P., announced the launch of a builder lender program in an effort to offer non-recourse construction and acquisition and development (A&D) loans to established home builders in California.

Leadership

14 ways to maximize profits

To be more profitable, custom builders must focus on efficiency and cost savings, while looking for opportunities to publicize their work and expertise.

Business

FHFA begins first transactions of REO rental program

The Federal Housing Finance Agency (FHFA) has begun the first pilot transaction of its program to turn foreclosed Fannie Mae and Freddie Mac homes into rental properties, according to HousingWire.

Business

McIlwain: 3 steps to help the housing market

With the housing market in a lethargic recovery, John K. McIlwain of the Urban Land Institute offers three ways to help revive the market.

Financial

Cleveland mortgage settlement money going toward demolition of vacant houses

A large portion of a multibillion-dollar settlement between the state of Ohio and several large mortgage lenders will go toward demolition of foreclosed, dilapidated houses in the Cleveland area instead of struggling families as intended.

Financial

Rising student debt hampers housing growth

A new report from Bloomberg indicates that first-time homebuyers are having difficulty securing loans thanks to student loan debt totals nearing $1 trillion.

Business

Morgan Stanley says REO rental program could create nearly 2 million jobs

New research from Morgan Stanley suggests the federal government’s program to turn foreclosed properties into rental opportunities could have a significant positive impact on job creation.

Financial

CoreLogic, FICO add rental payments into credit scores, reports

Credit reporting companies CoreLogic and FICO have begun including rental payments as a factor in determining an individual’s credit score, according to a New York Times report.

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