RealEstateRama Authors Posts by NHC
The continuing economic recovery has improved housing affordability slightly for low- and moderate-income working households, but housing costs continue to increase for renters, according to a new report released today by the Center for Housing Policy at the National Housing Conference
WASHINGTON, D.C. - January 28, 2015 - (RealEstateRama) -- The National Housing Conference applauds President Obama's choice to highlight housing issues in his speeches leading up to the State of the Union address and in connecting to those same themes in the address itself. Getting housing policy right is essential to keeping our economy on a path of recovery coming out of the great recession and to ensuring that all in America can achieve a brighter future
WASHINGTON, D.C. - January 12, 2014 - (RealEstateRama) -- The National Housing Conference welcomes President Obama’s announcement today that the Federal Housing Administration will charge homebuyers less for its mortgage insurance. For several years now, FHA has had historically high premiums to restore capital to its Mutual Mortgage Insurance Fund. Now that the fund is in a stronger position, it is wise policy to lower the premiums to reduce costs for homeowners and make FHA mortgages more competitive without exposing FHA to significant additional risk
ASHINGTON - October 24, 2014 - (RealEstateRama) -- The National Housing Conference (NHC) welcomes the actions by federal regulators to finalize the risk retention rules, specifically the exemption for qualified residential mortgages (QRM). With mortgage credit still far too restricted, clarity on the QRM is essential to get housing markets moving in the right direction and allow families to get into their first homes. NHC applauds regulators for their hard work over the past several years and for their foresight in aligning the QRM with the qualified mortgage rule that is already in place
WASHINGTON - September 25, 2014 - (RealEstateRama) -- The number of health worker jobs is growing as the health sector expands to meet rising demand. But despite the strength of this sector, many health workers cannot afford housing in metro areas across the country. In the 2014 edition of Paycheck to Paycheck, Janet Viveiros and Lisa Sturtevant draw on data from the first quarter of 2014 to reveal the gap between wages in health sector jobs and the costs to rent or buy a home in 210 metro areas across the nation
WASHINGTON, D.C. - June 13, 2014 - (RealEstateRama) -- Toxic stress resulting from persistent poverty, trauma and social bias can hijack brain functions and lead to behavior patterns that may impede individuals’ economic progress. How can public housing authorities (PHAs) use this information to design economic self-sufficiency programs that accommodate the needs of affected residents and reduce reliance on public assistance? A new report applies lessons from behavioral and cognitive science to give PHAs new insight into programs that can support residents’ economic progress
WASHINGTON, D.C. - May 16, 2014 - (RealEstateRama) -- The National Housing Conference (NHC) applauds the action of the Senate Banking Committee, which approved the Johnson-Crapo housing finance reform legislation S. 1217 today for consideration by the full Senate. We thank Senators Corker (R-Tenn.) and Warner (D-Va.) for starting this effort, Chairman Johnson (D-S.D.) and Ranking Member Crapo (R-Idaho) for carrying it forward, and the many other legislators from both parties who worked on and supported it. The bill addresses squarely the most pressing challenge in housing today: replacing the unsustainable patchwork left over from the financial crisis with a housing finance system that protects taxpayers, ensures widespread availability of mortgages, and creates housing opportunity for all
WASHINGTON, D.C. - April 8, 2014 - (RealEstateRama) -- Recent attack ads from the 60 Plus Association use scare tactics to get in the way of the housing finance reform that we need to create housing opportunities for Americans. The ads attack senators who have supported the Senate Banking Committee’s bipartisan legislative proposal from Chairman Johnson and Ranking Member Crapo, which winds down Fannie Mae and Freddie Mac and lays out a path to a new, stronger housing finance system that combines a necessary government backstop with regulation and competitive private capital participation all aiming to provide broad access to affordable homeownership and rental homes
WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- As the Baby Boom generation ages, the number of older adults living in America will double by 2050, with nearly 19 million of those adults age 85 or older. While the needs of this older adult population continue to grow and change, the current paradigm of care—institutional settings like nursing homes and assisted living facilities—is an inflexible and expensive way of caring for older adults with physical limitations or chronic health conditions. According to a new report, Aging in Every Place: Supportive Service Programs for High and Low Density Communities, home- and community-based services are a cost-effective strategy that can solve this challenge by helping older adults maintain their quality of life as they age in their homes, whether those homes are in cities, suburbs, or rural America
WASHINGTON, D.C. - March 13, 2014 - (RealEstateRama) -- Today’s announcement by Chairman Tim Johnson (D-S.D.) and Ranking Member Mike Crapo (R-Idaho) of their agreement on housing finance reform is a positive step in the ongoing work to mold a new future for housing finance in America
WASHINGTON, D.C. - February 19, 2014 - (RealEstateRama) -- The continuing economic recovery has improved housing affordability for low- and moderate-income working households, but housing costs are still a significant burden, especially to renters, according to a new report released today by the Center for Housing Policy, the research division of the National Housing Conference.
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Metropolitan housing markets have not yet emerged from the foreclosure crisis, according to a new report from the Urban Institute, National Housing Conference (NHC), and the Local Initiatives Support Corporation (LISC). Foreclosure activity has declined in recent years, but metropolitan foreclosure rates are still well above historic norms and there is substantial variation across the country. Among large metro markets, foreclosure rates are falling slowly and steadily in some, but foreclosure activity may not yet have peaked in others.
WASHINGTON, D.C. - January 30, 2014 - (RealEstateRama) -- In the State of the Union address, President Obama offered a domestic agenda focused on expanding opportunity for all. The National Housing Conference (NHC) believes that safe, decent and affordable housing for all in America is an essential part of expanding opportunity.
WASHINGTON - December 11, 2013 - (RealEstateRama) -- Today’s confirmation of Rep. Mel Watt (D-N.C.) as Director of the Federal Housing Finance Agency (FHFA) is a hopeful sign for the progress of housing finance reform in the United States.
WASHINGTON, D.C. - November 22, 2013 - (RealEstateRama) -- Today the Senate changed its rules to eliminate filibusters on presidential nominees (apart from Supreme Court Justices). The so-called nuclear option invoked by Senate Majority Leader Harry Reid (D-NV) paves the way for nominees to be confirmed by simple majority votes, which means that Senate Democrats can prevail without Republican votes if they remain united.
WASHINGTON, DC - August 28, 2013 - (RealEstateRama) -- Regulators have proposed a new version of mortgage rules that will give more Americans access to mortgage credit while helping to keep the mortgage finance system safe and sound. The National Housing Conference (NHC) applauds the six regulatory agencies for responding to the widespread sentiment against onerous down payment requirements and in favor of aligning major mortgages rules.
WASHINGTON, DC - August 15, 2013 - (RealEstateRama) -- In the midst of a housing and economic recovery, many workers key to Americans’ summer vacation plans struggle to afford housing in metro areas across the country. In the latest edition of Paycheck to Paycheck, Center for Housing Policy (CHP) researchers draw on the latest data from the first quarter of 2013 to reveal the gap between wages and the costs of housing, both rental and owned, in 207 U.S. metro areas for workers in occupations central to the summer vacations Americans hope to squeeze in before school starts.
WASHINGTON, D.C. - July 16, 2013 - (RealEstateRama) -- On July 11, Rep. Jeb Hensarling (R-Texas), Chairman of the House Financial Services Committee, released a mortgage finance proposal that stands in sharp contrast to the bipartisan Corker-Warner proposal introduced last month in the Senate. This bill takes a much more partisan approach by focusing on private-label mortgage-backed securities while eliminating or ignoring critical pieces of housing finance that are essential to American families' access to affordable mortgages and rental housing. The National Housing Conference supports a bipartisan approach to mortgage finance reform and opposes many of the provisions of the House bill, as well as the rhetoric surrounding it.
NHC honors groups building housing’s path forward, convenes experts to discuss neighborhood and household...
WASHINGTON, D.C. - July 1, 2013 - (RealEstateRama) -- As the country recovers from a long housing and economic crisis, the questions of how to shape the future of housing finance and how to help neighborhoods and households recover linger. The National Housing Conference (NHC) honored two organizations at its June 20 Annual Gala—NeighborWorks America and Omni New York—that exemplify the theme of “Housing’s Path Forward: Where We Go from Here.”
WASHINGTON, D.C. - June 26, 2013 - (RealEstateRama) -- The mortgage finance reform bill introduced today by Senators Bob Corker (R-Tenn.) and Mark Warner (D-Va.) is a comprehensive, bipartisan effort at a time when Congress appears ready to reform the nation’s mortgage finance system.