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Posts Tagged ‘common ground’

Loan Originators Gain Common Ground

April 2nd, 2013 Comments off

According to the Conference of State Bank Supervisors, nationalmortgagenews says as of April 1, 2013, 20 states have signed on to a uniform state test for loan originators, allowing them to operate in those states without being re-tested. Another six states will be on board by October. As MHProNews has learned, the 2008 SAFE Act (Secure and Fair Enforcement for Mortgage Licensing Act) created state licensing requirements and testing for nonbank loan originators.

(Image credit: andyenstallblog)

Modular an Option for Seattle Affordable Housing

October 2nd, 2012 2 comments

BizJournals reports from Seattle, Washington nonprofit developer Common Ground is considering several options to increase affordable housing in the state, according to a study the organization released. It costs $200,000 to develop a new rental housing unit in Washington, twice the national average, and the state is restrictive about what types of housing can be developed with public money. Common Ground is considering several cost-effective options, including two-story mini-complex modular apartments of six to eight units each. Other possibilities: re-configured shipping containers, 100 to 300 square foot micro apartments with shared common space, and micro hotels with semi-private cubicles. MHProNews has learned Common Ground will flesh out plans for the housing models and identify pilot project sites.

(Photo credit: Simcoe)