ABI’s popular 24th Annual Southwest Bankruptcy Conference will be held Sept. 8-10 at the Four Seasons Las Vegas in Las Vegas. An outstanding faculty of leading judges, noted academics and prominent industry professionals will present workshops on a variety of topics. The conference will feature ABI’s popular Great Debates series and a Judges' Roundtable featuring Q&A with 14 bankruptcy judges.<
Consumers Energy will be joined by local broadcast media, law enforcement officers and governmental officials to host an early morning kick-off Tuesday, Aug. 2, promoting the 33rd Annual National Night Out.
Construction spending decreased in June for the third month in a row but most segments posted solid increases in the first half of 2016 compared to the same period in 2015, according to an analysis by the Associated General Contractors of America. Association officials said spending appears to have leveled off after a strong early start to the year prompted by mild winter weather conditions in many parts of the country
The Mortgage Bankers Association (MBA) announced that in May and June of 2016 it welcomed 16 new regular members to its ranks, which currently numbers more than 2,200 member companies.
According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, second quarter 2016 commercial and multifamily mortgage loan originations were one percent higher than during the same period last year and 17 percent higher than the first quarter of 2016
Mortgage applications decreased 11.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 22, 2016.
Since the October 2015 implementation of the Consumer Financial Protection Bureau's ‘Know Before You Owe' mortgage initiative, Realtors® have raised red flags(link is external) over challenges in gaining access to what's known as the mortgage "closing disclosure" form, or CD. The CD is delivered to homebuyers in advance of their closing and contains important financial information related to their purchase.
Statement from MBA President & CEO David H. Stevens on the Consumer Protection Financial Bureau's (CFPB) proposed updates to the TILA-RESPA Integrated Disclosure "Know Before You Owe"
In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the July 29, 2016, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in Arkansas, Florida, and Texas
The U.S. Department of Housing and Urban Development (HUD) announced today that the Springfield Housing Authority in Springfield, MA, has entered into agreements settling allegations of housing discrimination based on disability. The allegations involved an 82-year-old deaf housing authority resident who allegedly did not receive the same access to communications as individuals without disabilities, as required by the Fair Housing Act, Americans with Disabilities Act (ADA), and Section 504 of the Rehabilitation Act of 1973. Read the Conciliation and Voluntary Compliance agreements.
The challenges and opportunities associated with creating effective public-private partnerships in the current economic environment are explored in Successful Public-Private Partnerships: From Principles to Practice, a new publication from the Urban Land Institute (ULI).
NAIOP, the Commercial Real Estate Development Association, has implemented new strategic initiatives that seek to advance diversity in commercial real estate by leveraging NAIOP’s network, embracing companies’ values and engaging the interests of those typically under-represented in the industry
Report Finds Wall Street Investment Companies Chasing Profits From Predatory Real Estate Product with...
A new wave of predatory real estate lending, previously peddled to African-Americans during the 1930s to 1960s, is popping up across the nation as Wall Street investment companies move to profit off foreclosed homes, according to a new report by the National Consumer Law Center (NCLC). Toxic Transactions: How Land Installment Contracts Once Again Threaten Communities of Color details how land contracts are marketed disproportionately to low-income families of color as an alternative path to homeownership but instead allow investors to avoid responsibility for property upkeep while churning successive would-be homeowners through a property they could not legally rent.
Construction employment increased in 39 states between June 2015 and June 2016, although half the states shed construction jobs between May and June, according to analysis of Labor Department data released today by the Associated General Contractors of America. Association officials said the flattening of monthly employment gains and losses indicates the urgency of beefing up programs to attract, train and retain construction workers.
Pending home sales were mostly unmoved in June, but did creep slightly higher as supply and affordability constraints prevented a bigger boost in activity from mortgage rates that lingered near all-time lows through most of the month, according to the National Association of Realtors®. Increases in the Northeast and Midwest were offset by declines in the South and West.
The Financial Crimes Enforcement Network (FinCEN) today announced Geographic Targeting Orders (GTO) that will temporarily require U.S. title insurance companies to identify the natural persons behind shell companies used to pay “all cash” for high-end residential real estate in six major metropolitan areas. FinCEN remains concerned that all-cash purchases (i.e., those without bank financing) may be conducted by individuals attempting to hide their assets and identity by purchasing residential properties through limited liability companies or other opaque structures. To better understand this vulnerability, FinCEN issued similar GTOs earlier this year covering transactions in Manhattan and Miami-Dade County, Florida. The GTOs announced today will expand upon the valuable information received from the initial GTOs
An overwhelming four-out-of-five Americans believe that owning a home is a good investment, according to a recent poll commissioned by the National Association of Home Builders (NAHB) to gauge public sentiment on the value of homeownership and government programs that encourage homeownership and housing production. A nationwide survey of more than 2,800 registered voters was conducted July 22-24 by the polling firm Morning Consult.
New Report Discusses Libyan Economy and Governance Problems, Recommending a Framework for Rebuilding
The alarming security, economic, and political trends in Libya are currently a critical issue for the international community. Despite some progress toward establishing a unified government and against the growing presence of the Islamic State, or IS, in Libya, the country faces an extraordinarily difficult rebuilding effort. While Libya’s problems are legion, establishing a single government and creating a more secure environment are the first orders of business.
Fifty-five New York City elected officials have signed an open letter to developer Charles Dayan, new owner of the Hamilton at 1735 York Avenue, calling on him to restore the middle class jobs at the building where workers have had their jobs for decades
WSSC today announced that HomeServe USA (HomeServe) will offer its customers home pipe repair service plans. The 450,000 WSSC residential customers in Prince George’s and Montgomery counties will be offered optional water service line repair plans, as well as sewer line and in-home plumbing plans through HomeServe
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2019 shows mortgage applications for new home purchases increased 27.1 percent compared from a year ago.
The National Association of Home Builders (NAHB) Remodelers is honoring Steve Cunningham, CAPS, CGP, a remodeler from Williamsburg, Va., as the 2019 NAHB Remodeler of the Year.
It’s almost the beginning of 2020, and many people are still asking whether or not they should list their properties on Jackson Hole real estate. It’s quite surprising to know that a lot of people are still reluctant to advertise their properties online, knowing how powerful social media is. Gone are the days when a lot of people only relied on print or broadcast media in advertising their properties.
U.S. Secretary of Agriculture Sonny Perdue today announced the availability of a second round of $550 million in United States Department of Agriculture (USDA)
Purple Line Corridor Coalition Releases Housing Action Plan to Preserve Affordability along New Light...
Public, private and nonprofit partners seek to ensure housing stability for existing residents and preserve or create at least 17,000 affordable homes along new Purple Line transit corridor
Construction input prices decreased 0.5% in November and are down 1.1% year over year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today.
Mayor Muriel Bowser celebrated the Gonzalez family as they moved into their permanent home as part of the District’s “A Home for the Holidays” campaign. This celebration marks week three of the Mayor’s 2019-2020 A Home for the Holidays campaign
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $56.09 billion in November, providing financing for more than 216,352 homeowners and renters
The Real Estate Standards Organization (RESO) has announced its 2020 Executive Board and the results of its Board of Directors election for five open seats and other board appointments. “RESO is attracting an unmatched pool of business and technology leaders who will help accelerate our vision of a streamlined real estate technology
When someone mentions log cabins I immediately think of thick logs of wood, fresh fallen snow, Christmas shaped pine trees and a fire roaring so big that you end up sweating. But you wrap up with your knitted throw and chunky socks, hands holding that steaming cup
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement after an agreement was reached on the U.S.-Mexico-Canada Agreement
For 400 years, structural racism embedded in federal, state, and local policies has produced and maintained a stark wealth gap between Black and white Americans.
The National Association of Realtors® identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
A group of top economists arrived at a consensus 2020 economic and real estate forecast today at the National Association of Realtors®’ first-ever Real Estate Forecast Summit.
Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), regarding the Senate Banking Committee approval of the nomination of FHA
Building a custom home lets you plan all the details, including the floor layout, lighting, cabinets, and a lot more. Some owners build their house from scratch to ensure that they meet the energy codes of their states and they can incorporate the latest technology
Second Century Ventures, the strategic investment arm of the National Association of Realtors®, today announced its inaugural REACH Australia cohort. REACH is a technology growth accelerator program designed to launch and propel
Construction employment increased by 1,000 jobs in November and by 146,000, or 2.0 percent, over the past 12 months, according to an analysis of new government data
The Mortgage Bankers Association (MBA) today released a new white paper, Where From Here?, which examines current economic trends and commercial/multifamily real estate market
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers
WASHINGTON – U.S. Secretary of the Interior David Bernhardt inspected a key piece of national water infrastructure at Morrow Point Dam, located on the Gunnison...
South Carolina REALTOR® (SCR) member, past president and Realtor® at Coldwell Banker Residential Brokerage in Columbia, was named the association’s 2019 REALTOR® of the Year at its annual conference at the Francis Marion Hotel in Charleston on September 11, 2019.
Mississippi households in eight counties impacted by the storms, straight-line winds, tornadoes and flooding beginning on February 22 and continuing to March 29, 2019 are eligible to apply for federal disaster assistance to help
Last week CREW Miami (Commercial Real Estate Women) held its September lunch program, The Wizards of OZ hosting a panel of experts who discussed and answered questions about recent Opportunity Zone transactions
GCAAR is pleased to present its market information through a partnership with ShowingTime RealEstate Business Intelligence (RBI). Look to GCAAR as your source for comprehensive market data on the Washington, DC metro area market.
If you're in California, you need to visit Riverside. Here's why. The largest city in the area of California known as the 'Inland Empire,' Riverside is a popular destination for people looking to escape the big city life of Los Angeles. Some sixty miles east, Riverside features beautiful architecture, a vibrant downtown area, and stunning views from its many mountain hikes
FEMA has approved $2,202,339 for the State of Florida to help Lake County defray the costs of debris removal for Hurricane Irma under FEMA’s Public Assistance Program. FEMA funds will reimburse the county for the collection, reduction, disposal and site management of debris within Lake County between Sept. 18
Justice Department Resolves Claims that California Loan Modification Service Providers Discriminated Against Hispanic Homeowners...
The Department of Justice today announced a series of settlements to resolve allegations that several California-based mortgage loan modification service providers engaged in national origin discrimination in violation of the federal Fair Housing Act
Conservation organizations sued San Diego County today for approving Otay Ranch Village 14, a sprawl development that will pave over hundreds of acres of habitat for golden eagles and other imperiled wildlife and build new homes in one of California’s most dangerously fire-prone areas.
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019
Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”
“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer
Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound
Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act