• Akron looks to deflate minimum lot size rules to spur infill,Richard Lawson

    Akron looks to deflate minimum lot size rules to spur infill

    Leaders in Akron, a heartland city nearly 40 miles south of Cleveland, hope to shed the city’s “Rust Belt” label and drive its emerging revival by making it easier to build new homes. To achieve the objective, planners believe they’re on the verge of eliminating minimum lot sizes to counteract a shr

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  • Mortgage Forward to acquire First Federal Bank’s TPO division,Sarah Wolak, HousingWire Automation

    Mortgage Forward to acquire First Federal Bank’s TPO division

    Mortgage Forward announced Friday that it has agreed to acquire the third-party origination (TPO) division of First Federal Bank, including QRL Financial, in a deal the companies say will expand Mortgage Forward’s national mortgage lending platform and broaden its product offerings. The companies co

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  • Nest Egg Protection Act would raise capital gains tax exclusion for senior home sellers,Neil Pierson, HousingWire Automation

    Nest Egg Protection Act would raise capital gains tax exclusion for senior home sellers

    Rep. Nicole Malliotakis (R-N.Y.) has introduced federal legislation that would temporarily raise the capital gains tax exclusion to $1 million for senior homeowners who sell their longtime primary residences. The move aims to ease tax burdens on older Americans and free up inventory for younger home

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