The performance of first-lien mortgages serviced by eight national banks improved in the fourth quarter of 2014, according to the Office of the Comptroller of the Currencyâ€™s (OCC) quarterly report on mortgage performance.
Bradley Gillis, CCIM, Senior Advisor with Sperry Van Ness â€“ Miller Commercial Real Estate facilitated the deal for Rise Up Coffee Roasters to purchase the Viva Espresso located at 105A East College Avenue in Salisbury, MD. Viva Espresso owners Chuck and Nancy Dix are retiring but stated, â€śWe thank all of our loyal customers, especially our daily patrons, for their support of us and our products
Habitat for Humanity International named 14 â€śAffiliates of Distinctionâ€ť for their achievements in serving the affordable housing needs of their local communities during Habitatâ€™s biennial U.S. Affiliate Conference.
An idea that has the opportunity to bring greater efficiency and transparency to international real estate transactions is coming full circle, back to its roots in Washington, DC. The concept for the International Property Measurement Standards (IPMS) was envisioned in a set of meetings held in Washington, DC in 2013. For two years, a coalition of 61 professional and not-for-profit organizations has been working to create standard methodologies for measuring real estate
The Consumer Financial Protection Bureau (CFPB) released yesterday a working draft of a proposal to rein in abusive consumer lending schemes such as payday, auto title, and installment lending. The draft, presented at a field hearing in Richmond, VA, would require lenders to verify before making a loan that borrowers can pay it back in full and on time, without re-borrowing, and still cover their basic necessities such as rent, food, and utilities.
U.S. Senator Marco Rubio (R-FL) and U.S. Rep. Jim Jordan (R-OH-04) today introduced the â€śSecond Amendment Enforcement Act of 2015,â€ť legislation to restore Second Amendment rights in the District of Columbia.
Peoplesâ€™ Self-Help Housing will be holding a lottery drawing April 16 for applicants wishing to live in the all-new Casas de las Flores affordable housing complex, which will open September 2015 in Carpinteria with 43 town house-style apartments
David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the transition of Ed Golding to be Principal Deputy Assistant Secretary at the U.S. Department of Housing and Urban Development (HUD)
The Office of Congresswoman Eleanor Holmes Norton (D-DC) announced that Senator Marco Rubio (R-FL) and Representative Jim Jordan (R-OH) today have introduced the National Rifle Association (NRA)-backed District of Columbia gun bill that forced Norton to pull the D.C. House Voting Rights Act from the House floor in April 2010.
Earlier this week, HUD Secretary JuliĂˇn Castro announced HUD's proposed regulation implementing the Violence Against Women Act (VAWA) Reauthorization of 2013 (VAWA 2013). VAWA prohibits the denial or termination of housing assistance on the basis that an applicant or tenant is a victim of domestic violence, dating violence, sexual assault, or stalking, regardless of sex, gender identity, sexual orientation, or age. VAWA 2013 expands these protections beyond HUD's public housing and Section 8 programs to include all HUD housing, USDA rural housing, and Housing Credit properties
The National Low Income Housing Coalition and the United for Homes Campaign applaud Congressman Keith Ellison (D-MN) for his Common Sense Housing Investment Act of 2015, H.R. 1662, which he introduced in the U.S. House of Representatives today
The following is a statement by National Association of RealtorsÂ® President Chris Polychron in response to leadership changes at the Federal Housing Administration
zipLogix, a technology company helping real estate professionals improve productivity and efficiency, has formed a partnership with Realtors Property ResourceÂ® (RPRÂ®). REALTORSÂ® will have faster, fully integrated access directly from RPR to zipForm, for the most authoritative forms collection available, and will also be able to produce RPRâ€™s acclaimed reports directly from zipForm to work even more efficiently with their clients. zipLogix Chairman of the Board Mark Peterson made the announcement
Tom Woods, chairman of the National Association of Home Builders (NAHB) and a home builder from Blue Springs, Mo., today issued the following statement on Ed Golding being named the principal deputy assistant secretary for housing at the U.S. Department of Housing and Urban Development:
On March 24, HUD Secretary Julian Castro testified a second time before the House Appropriations Transportation and Housing and Urban Development subcommittee on the presidentâ€™s FY 2016 HUD budget request.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant First Midwest Bank ground lease located at 3220 West 26th Street in Chicago, IL for $4,047,000. The First Midwest Bank property is positioned at the hard corner of the signalized intersection of West 26th Street and West Sawyer. The seller was a West Coast based real estate fund.
Chicago IL - First Midwest Bank
National Apartment Association Vice Chairman Cindy Clare, CPM, was named one of Multifamily Executive (MFE)â€™s 10 Most Influential Women in Multifamily. The award honors women who have shattered multifamilyâ€™s glass ceiling to become top thought-leaders in the industryâ€”introducing innovative technologies, chasing competitive contracts, chartering new initiatives and redefining resident services.
A new report released today by the Construction Industry Safety Coalition (CISC) found that the Occupational Safety and Health Administrationâ€™s (OSHA) proposed silica standards for U.S. construction industry will cost the industry $5 billion per yearâ€”roughly $4 .5 billion per year more than OSHAâ€™s estimates. The coalition cautioned that the flawed cost estimates reflect deeper flaws in the rule and urged the federal agency to reconsider its approach
Today, the President is in Birmingham, Alabama to speak about the progress we have made to build a safer and stronger financial system and to protect families from the types of abuses that led the economy to near collapse â€“ and his commitment to safeguarding that progress.
Health and Human Services Secretary Sylvia M. Burwell today announced $386 million in grant awards to states, territories, and nonprofit organizations to support the Maternal, Infant, and Early Childhood Home Visiting Program (Home Visiting Program). These funds will allow states to continue to expand voluntary, evidence-based home visiting services to women during pregnancy and to parents with young children
ERC and NCLR Investigation Uncovers Housing Discrimination against Latinos in Three Major Metropolitan Areas
NEW ORLEANS, – July 22, 2013 – (RealEstateRama) — Today the Equal Rights Center (ERC) â€”a national non-profit civil rights organization dedicated to equal opportunity for allâ€”and The National Council of La Raza (NCLR) â€”the largest national Hispanic civil rights and advocacy organization in the United Statesâ€”unveiled the results of a testing-based investigation documenting adverse and differential treatment against prospective Latino renters and homebuyers in Birmingham, Alabama; Atlanta, Georgia; and San Antonio, Texas.Â Sotheby’s HomesÂ Fisher Investments on CrunchbaseÂ and ALLRMC.COM more »
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