@pulte Just got CA update. It’s looking mostly likely that Fannie is going to require us to have 200% of the premium as a holdback and also require us to get the insurance within x amount of days (maybe 180 days). This is for A&B which is nearly impossible to obtain in CA
@pulte Don’t lose sight on the egregious insurance requirements for Fannie Mae Multifamily loans. It’s going to negatively impact affordable rental housing including mobile home parks.
@pulte Hopefully you will see your way to relax the ins requirements for Multifamily and MHP loans. The requirements for excess flood and A&B are impossible to obtain at reasonable rates. These requirements will ultimately lead to higher rents which must be contrary to your objectives.
@jsaunders_ What’s needed @Starbucks. Baristas that are willing to have a little conversation, improved quality of baked goods and instead of cannibalizing existing locations create the nearby location with the Milan style “roastery” in mind however on a very small micro experience.
@WallStreetApes@GuntherEagleman Nike @Nike shareholders should be pissed and begin a sell off since Nike leadership is not focused on the core business when engaged in this bs instead of improving shareholder returns.
@pulte How about eliminating terrorism insurance for Fannie Mae loans secured by non urban Multifamily communities. These non sensical and needless requirements drive up rents especially in lower income/lower rent communities
@GuntherEagleman@nicksortor@RobertKennedyJr Why stop with just soda. Dr Mark Hyman MD- “If You Give Prisoners Healthy Food, Swapping Out All The Crap They Eat In Prisons, There’s A 56% Reduction In Violent Crime. If You Add A Multivitamin, It’s An 80% Reduction. Because They Are All Nutritionally Depleted”
@AlTayWeiss Aside from paint I would add an arbor at the end with bougainvillea in addition to allowing plants to grow larger with natural style pruning to soften the look of the buildings