President Donald Trump signed an Executive Order establishing the White House Opportunity and Revitalization Council and named U.S. Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson.
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $33.668 billion in November. A breakdown of November issuance includes $32.192 billion of Ginnie Mae II MBS and $1.476 billion of Ginnie Mae I MBS, which includes $1.316 billion of loans for multifamily housing.
In 2016, the National Association of Realtors conducted a survey and found out that at least 71 percent of those interviewed believe that student loans are their most significant obstacle to buying a home.
Investec Real Estate Companies, specializing in the acquisition, development, management and leasing of retail properties in California, is pleased to announce its newest acquisition, The Esplanade Shopping Center in Oxnard, California. The 356,864- square-foot shopping center is anchored by Dick’s Sporting Goods
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2018 shows mortgage applications for new home purchases decreased 11 percent from a year ago. Compared to October 2018, applications declined by 14 percent. This change does not include any adjustment for typical seasonal patterns
The level of commercial/multifamily mortgage debt outstanding rose by $45.4 billion (1.4 percent) in the third quarter of 2018 to an all-time high, according to the Mortgage Bankers Association (MBA).
Senate Budget Committee Chairman Mike Enzi (R-WY) today said more action is needed from the Department of Veterans Affairs (VA) on problems that have prevented thousands of veterans from receiving their full GI Bill
Department of Energy Announces $100 Million Energy-Water Desalination Hub to Provide Secure and Affordable...
The U.S. Department of Energy (DOE) announced $100 million to establish an Energy-Water Desalination Hub (Hub) to address water security issues in the United States. The Hub will focus on early-stage research and development (R&D) for energy-efficient and cost-competitive desalination technologies including manufacturing challenges
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement on Mark Calabria being nominated as the new director of the Federal Housing Finance Agency (FHFA)
With the House voting this evening to pass the 2018 Farm Bill, the definition of the Rural Housing Service will be extended through the 2030 Census. President Trump is expected to sign the legislation into law in the coming days. Without Congressional action, the RHS definition would have expired in 2020.
REach® Technology Accelerator Named Among Best in Nation for Second Consecutive Year; Now Accepting...
For the second consecutive year, ?????REach®, the growth technology accelerator operated by the National Association of Realtors®’ strategic investment arm, Second Century Ventures, was named among the top accelerators in the U.S. by the Seed Accelerator Rankings Project, or SARP.
Financial statements should be used when appraising retail properties to determine the “durability of the current use” as Amazon and e-commerce threaten brick and mortar retail sales, according to a study published this week in The Appraisal Journal.
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.
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, has arranged the sale of a brand-new single-tenant net-lease investment occupied by LA Fitness in Temecula, California.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Texas Roadhouse property located at 2856 Patriot’s Lane in Naperville, Illinois for $3,200,000.
National Association of Realtors® Announces Strategic Restructuring to Better Serve Members, Enhance Member Experience
The National Association of Realtors® (NAR) announced today staffing changes in the organization's advocacy, marketing communications, member experience and technology groups that will strengthen NAR's ability to serve as the leading voice for Realtors® on key legislative policies while fostering technological innovation on behalf of its members and enhancing the member experience
Today the NYU Furman Center released a policy brief examining the implementation of New York City’s Universal Access to Counsel (UAC) program for tenants facing eviction in housing court. In 2017, New York City enacted the first legislation in the country providing legal representation for all income-eligible tenants facing eviction.
The NCAA today announced a five-year, $2.5 million donation to Habitat for Humanity to support building or repairing decent and affordable homes in partnership with families impacted by natural disasters.
Broadening opportunities for low-income communities – through investments in health, education, and community development –are helping to address systemic disenfranchisement and expand equity
Mortgage applications rose 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 7, 2018.