HUD Announces FHA Energy-Efficient Mortgage Webinar
Please note: HUD cancelled the seminar after this issue of NBN was published.
On Aug. 5, the Denver Homeownership Center of the U.S. Department of Housing & Urban Development’s Federal Housing Administration (FHA) will conduct an important webinar to explain how the FHA Energy-Efficient Mortgage Program works.
This training course is intended to provide home builders and remodelers, home counselors, lenders and other real estate professionals with additional knowledge on how to use this product during these challenging times.
The webinar will run from 9:00 until 10:15 a.m. Mountain Daylight Savings time (local time in Denver).
Included in the Webinar will be explanations of how to obtain the "present value of the energy saved," how to calculate the increased dollar amounts allowed for energy-efficient loan packages and how to underwrite an FHA-insured Energy-Efficient Mortgage.
Registrants will receive an e-mail confirmation prior to the webinar with a Web link, a toll-free dial-in number and instructions for participating in the training. Registration is required, and registrants must have Internet access.
To register, click here.
Tax Credit Web Site Looks at Opportunity of a Lifetime
Builders and other industry professionals can help spur home sales by referring prospective first-time home buyers to www.federalhousingtaxcredit.com. The NAHB Web site provides detailed information on the $8,000 federal tax credit for first-time home buyers included in the economic stimulus legislation signed into law by President Obama.
Consumers can use the Web site to find information on the tax credit — including a detailed question and answer section. It also includes information about other housing-related and small business measures in the legislation and a number of home-buying resources for consumers.
Spanish Version Also Available Online
A Spanish version of this increasingly popular Web site is also available to provide detailed information on the tax credit to Spanish-speaking first-time home buyers.
Industry professionals are encouraged to highlight either tax credit Web site when marketing to their potential first-time home buyer market.
Want to Know the Housing Starts Through 2017?
Find out in HousingEconomics.com's Long-Term Forecast.
Subscribe and get downloadable Excel tables that feature the housing starts forecast, gross domestic product (GDP), demographics and more.
To learn more, visit www.housingeconomics.com.
Plan to Attend Construction Forecast Conference
Plan to attend or watch the 2009 Fall NAHB Construction Forecast Conference & Webcast on Oct. 21 in Washington, D.C. to get the latest facts, insights and analysis of the housing industry.
Panels of nationally recognized experts at the day-long conference will discuss economic trends, government policies, developments in the housing industry and the results from NAHB's recent surveys.
For more information and to register, visit www.nahb.org/cfc.