Ginnie Mae announced today that the 2019 Ginnie Mae Summit, scheduled for February 4-5 in Washington D.C., is being postponed as a result of the ongoing government shutdown. The annual conference brings together participants in the Ginnie Mae MBS program and also serves as a symposium on broader housing finance issues for industry, investors, analysts, and policymakers
After three months of operation without a valid lease, NFI Industries, the largest trucking and warehousing company serving America’s leading port complex, has announced its intention to vacate property owned by the Port of Los Angeles.
According to a new forecast released today from the Economic Advisory Committee of the American Bankers Association, the pace of growth will moderate through 2019 and 2020, reflecting fading policy support in the U.S. and a slowing global economy
As the partial government shutdown crawls into its fourth week, anxiety among those housed with money from the unfunded Department of Housing and Urban Development continues to rise. “This crisis is completely unnecessary and irresponsible,” said David M. Dworkin, NHC president and CEO.
Tomorrow, the partial government shutdown over funding of a wall along the U.S.-Mexico border will become the longest shutdown in U.S. history— causing financial hardship for many of the roughly 800,000 federal employees who have been furloughed or working without pay since December 21, 2018
MAYOR LONDON BREED, SUPERVISOR CATHERINE STEFANI, AND COMMUNITY LEADERS CELEBRATE THE REOPENING OF AFFORDABLE...
Mayor London N. Breed, Supervisor Catherine Stefani, and community leaders today celebrated the rehabilitation and grand reopening of two former public housing properties serving seniors and people with disabilities in the lower Pacific Heights neighborhood
Park leaders from across the country will gather in Miami, Florida, Jan. 16–18, 2019, to discuss the increasing role park and recreation agencies play in developing climate-resilient communities. Organized by the National Recreation and Park Association (NRPA)
Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 1295 Lily Cache Lane in Bolingbrook
Hanley Investment Group Sells Brand-New Single-Tenant Raising Cane’s in Minneapolis Metro to California Buyer...
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of a new single-tenant Raising Cane’s Chicken Fingers quick-service restaurant located
According to an Associated Builders and Contractors analysis of data released by today the U.S. Bureau of Labor Statistics, construction employment expanded by 38,000 net new jobs in December. Across the industry, employment is up by 280,000 year-over-year, an increase of 4.0 percent.
Members of the Campaign for Housing and Community Development Funding(CHCDF) sent a letter to congressional leaders today calling on them to protect low-income Americans by ending the government shutdown and passing full-year spending bills that provide strong funding for affordable housing and community development programs.
The Center for American Progress released a new reportoutlining a proposal—the Lead Exposure Activity Detection (LEAD) Innovation Fund—to reduce the prohibitive costs of testing for poisonous lead. Currently, nearly half of schools in the United States have not tested for the presence of lead
U.S. Treasury Secretary Steven T. Mnuchin issued the statement below commending the efforts of mortgage lenders, mortgage servicers, and other financial institutions that are working to assist those who may face financial hardships resulting from the federal government shutdown.
The Mortgage Bankers Association (MBA) has announced that Eduardo "Eddy" Perez, CMB, President of Equity Prime Mortgage, LLC, has been appointed chairman of the Mortgage Bankers Association Political Action Committee (MORPAC) for the 2019-2020 election cycle.
Jerome Karam is a familiar figure in the Friendswood area. He has his own legal firm and has experienced plenty of success representing 1000’s of clients in a span of 10 years. In addition to his work as an attorney, Karam is also one of the most relevant real estate developers in the Southwestern Louisiana and Texas areas.
The Department of Housing and Urban Development (HUD) and the Government National Mortgage Association (Ginnie Mae) today announced Executive Vice President and Chief Operations Officer Michael Bright will be stepping down on January 16
Homeowners and non-homeowners both strongly consider homeownership part of the American Dream. That is according to new consumer survey data from the National Association of Realtors®, which revealed that among those polled, approximately 75 percent of non-homeowners believe
Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), today announced that Alden Knowlton has earned the promotion to Associate Vice President for Political Affairs within the association's Legislative and Political Affairs team, effective immediately.
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the fourth quarter of 2018, only one point lower than the previous quarter. The RMI has been consistently above 50—indicating that more remodelers report market activity is higher compared to the prior quarter than report it is lower—since the second quarter of 2013.