An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How Freddie Mac is addressing affordable housing challenges

Freddie Mac is focused on addressing limited access to credit, housing inequalities, creation and preservation of affordable housing supply and advancement of homeownership education.

A NAR board member tells (almost) all

For this week’s Houses in Motion, a miniseries that is part of HousingWire Daily, we spoke with Lisa Dunn about the pressing issues in real estate, including disclosure of agent commission.

Mortgage

SecureView lands giant Fannie Mae field-services deal

Certain states must now use clear "boards"

SecureView landed a giant deal with Fannie Mae, which is officially requiring vendors to install the distinctive, clear boarding on its vacancies.

It's a massive contract, certainly, but it should come as no surprise.

SecureView was listed as a top HousingWire field service company earlier this year, landing on the 2014 Field Services Guide.  

The company was started in 2010 by two industry veterans: Howard Wedren, founder of Dayton Street Partners, and Robert Klein, founder and Chairman of Safeguard Properties. Both had a desire to change the way vacant, boarded-up properties affected whole neighborhoods, and thought a polycarbonate product might be the solution.

The result is a patented window covering that’s virtually unbreakable and transparent. Even if squatters occupy the property, they are not awarded the same level of privacy plywood brings to a vacant house.

The rule is effective immediately for the following states: Arizona, Illinois, Indiana, Louisiana, Minnesota, Ohio, Tennessee, Washington, Massachusetts, Maryland, New Hampshire, New York, New Jersey and Pennsylvania.  

Future launch dates:

Oct. 1: Colorado, Connecticut, Mississippi, North Carolina and South Carolina

Dec. 1: Arkansas, District of Columbia, Delaware, Hawaii, Idaho, Maine, Montana, North Dakota, Puerto Rico, Rhode Island, South Dakota, Vermont, West Virginia and Wyoming.  

Under the terms, vendors must remove all plywood coverings on windows from the dwelling, garage or outbuildings.

The only exception is if the property is to be demolished or damaged severely due to a fire, and in those rare cases where plywood is needed, such as exterior doors or overhead garage doors.

If so, the boards must be painted to match the trim color. 

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3d rendering of a row of luxury townhouses along a street

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