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Banks Consider Climate Change Risk for Home Loans

Pro Builder

Banks Consider Climate Change Risk for Home Loans. Banks are starting to calculate their risk exposure to climate catastrophes, and this process can be called “underwaterwriting” or “blue-lining,” depending on whether you’re looking at it from the point of view of the bank or consumer respectively. Housing Policy + Finance.

Banking 52
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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. “How Main Image.

Leases 177
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Such Great Heights: The 5 Tallest Buildings of the Year

Viewpoint Construction Technology

Weather, financing, delays, and more can affect when a job comes to completion no matter how small or tall a build is. Tianjin CTF Finance Centre. The Tianjin CTF Finance Centre features curving glass skin integrating eight sloping mega-columns to maximize stability. Predicting top-outs is not a perfect science. Tianjin, China.

Finance 182
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What Your Business Credit Report Tells Lenders

Pro Builder

It helps lenders assess whether you’re qualified for the loan amount you’re requesting and if you’ve been good at managing your company’s finances. Before applying for a loan or any type of alternative financing, you first need to know where your business credit score stands. What Is a Business Credit Score? The Bottom Line.

Debt 52
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PACE Bill Due in Baltimore City

Green Building Law Update

PACE state enabling statutes generally authorize local governments to engage private sector lenders to provide upfront low interest financing to property owners for qualified projects (e.g., providing opportunities to separately finance the top 20% of a construction project or.), Maryland is typical.

Baltimore 120
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Can the EDGE Green Building System Save the Planet?

Green Building Law Update

EDGE was created by the International Finance Corporation, one of five organizations that comprise the World Bank Group. The photograph above from a popular tea house in Dingboche, Nepal depicts that LEED type notions of interior water use reduction (e.g., WaterSence flush toilets) and energy reduction (e.g.,

Green 168
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Federal Reserve Will Not Taper Monthly Bond Purchases Just Yet

Pro Builder

The central bank continues to monitor inflation data, including ongoing, elevated levels of commodities and building materials such as and lumber and OSB. Housing Policy + Finance. Recall that the CPI measure of inflation reached a 13-year high in June. We still expect 2021 GDP growth to be the best year since 1984. Read More. .