For me, the next ten days includes time in Chicago, the Wisconsin Dells, and Atlanta. It isn’t a scary agenda. At the ready for tonight’s Halloween fun? Polls seem to indicate that the most popular treat is Reese’s Peanut Butter Cups, followed by Reese’s Miniatures, Twix, Kit Kat, and Snickers. Regardless of treats being handed out at doorsteps, there are “ticks” in an unfortunate affordable housing situation that is an example of the difficulty of implementing housing programs. About 5,600 people live in the ski town of Vail, Colorado. But during the busy season thousands of people work there, and there aren’t enough nearby places to live for that workforce. Right now there’s an estimated deficit of 6,000 beds for the work force in the county, and in order to address that the ski resort Vail sought to build a project on-site to house 165 employees. The town’s existing population got upset, as many residents don’t want new housing in the town, and filed a petition in county court to exercise eminent domain to seize the site and hold it as open space, citing the plight of bighorn sheep. (Today’s podcast is available here and features an interview with Andrew Liput, CEO and Founder of Secure Insight, on the need for fraud tools in a down market. This week’s Sponsored by Candor Technology. Home of the One Touch Underwrite, supporting lenders from Point of Sale to Post Close QC, to reduce repurchase risk, increase underwriter productivity by 400 percent, and decrease turn-times by 10 days.)
Source: Mortgage News Daily