Ginnie Mae

Ginnie Mae Postpones Annual Summit

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
Teamsters

NFI Abandons Workers at Port of LA/Long Beach

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.
ABA

Bank Economists Forecast Moderating Economic Growth Amid Heightened Uncertainty

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
NHC

NHC’s statement on the continued impact of the shutdown on housing

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.

Longest Government Shutdown On Record Hurts Homeowners, Tenants

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
Mercy Housing

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

Experts Gather in Miami to Discuss the Role of Parks in Building Climate Resilient...

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)

Top Tips For Buying Your First Home

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.
Walgreens within the Chicago MSA

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens within the Chicago...

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
Raising Canes Coon Rapids

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
ABC National

Construction Employment Rises to Close Out 2018, Says ABC

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.
NLIHC

Affordable Housing Leaders Demand End to the Government Shutdown & Passage of Full-Year Spending...

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.
Center for American Progress

LEAD Innovation Fund Would Spur New Technologies, Reduce Prohibitive Costs of Lead Testing

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. Department of the Treasury

Statement by Secretary Mnuchin on Mortgage Relief for Federal Employees Affected by Shutdown

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.
MBA

Eddy Perez, CMB, Appointed Chairman of MORPAC for 2019-2020

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.

How Jerome Karam, Friendswood Attorney, and Altitude Trampoline Park Are Helping Their Community

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.
HUD InspectorGeneral

GINNIE MAE EXECUTIVE VICE PRESIDENT BRIGHT STEPS DOWN

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
NAR

Homeownership Part of “American Dream”; Housing Costs Deterrent for Non-Owners

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
MBA

Alden Knowlton Promoted to Associate Vice President of Political Affairs

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.
NAHB

Remodelers’ Confidence Holds Relatively Steady in Fourth Quarter

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.

Editors’ Picks

Making Shopping for Your First Home a Fun Experience

Your First Home
Maybe you have plans to get married and need to secure your first home so you have a place to move into after your honeymoon. Other first time homebuyers have rental leases that are soon to expire. While finding the first piece of residential property that you are to own and live in

South Cove, First New For-Sale Residential Development in Dana Point to...

South Cove
International award-winning firm KTGY Architecture + Planning is pleased to announce the recent opening of the KTGY-designed residential models at South Cove in Dana Point, California. Built by San Diego-based real estate development company Zephyr, this is Dana Point’s first new for-sale residential development to open in decades. South Cove is a unique, barefoot community that exudes laid-back luxury in a highly-coveted coastal setting at the southern gateway of Dana Point.

Norton Reelected as Top Democrat on Highways and Transit Subcommittee

Congresswoman Eleanor Holmes Norton (D-DC) was elected by her fellow Democrats on the House Transportation and Infrastructure Committee to return as the Ranking Member of its Subcommittee on Highways and Transit.

Business Real Estate Press Releases

Top Tips For Buying Your First Home

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.

Recent Gov & Nonprofit Real Estate Press Releases

Ginnie Mae

Ginnie Mae Postpones Annual Summit

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