Randy Noel, first vice chairman of the National Association of Home Builders (NAHB) and a home builder and developer from LaPlace, La., attended today’s White House signing ceremony and issued the following statement regarding President Trump’s executive order on health care
Congresswoman Eleanor Holmes Norton (D-DC), ranking member of the House Highways and Transit Subcommittee, yesterday at a subcommittee hearing on building a 21st century infrastructure asked key stakeholders about increasing incentives for state and local governments, such as the District of Columbia, that move ahead on infrastructure projects without always waiting for full federal transportation and infrastructure funding.
The Government National Mortgage Association (Ginnie Mae) and the Department of Veterans Affairs (VA) announce the formation of the “Joint Ginnie Mae – VA Refinance Loan Task Force.”
Ginnie Mae Issues Guidance for Disaster Pass-Through Assistance and Delinquency Ratio Exemptions for Qualifying...
Ginnie Mae issued an All Participants Memorandum (APM) – APM 17-04 to Single-Family Issuers providing updates and further guidance on the availability of optional, special assistance for Hurricanes Harvey, Irma or Maria including associated eligibility requirements and the application process.
Twenty-five NeighborWorks organizations around the country have received more than $18 million as part of grants from the U.S. Department of the Treasury’s Community Development Financial Institution (CDFI) program. Combined with grants from the Neighborhood Reinvestment Corp. (dba NeighborWorks America), local governments, foundations and the private sector, the funds will allow these small- and medium-sized nonprofit businesses to continue to provide affordable loan products and services to low- and moderate-income borrowers.
The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for September 2017 shows mortgage applications for new home purchases decreased 7.5 percent compared to September 2016. Compared to August 2017, applications decreased by 20 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.
I grew up in Boston in the 1960’s, in public housing, across the street from a full-service bank branch. The bank was critical to the neighborhood until bank executives in downtown-Boston decided to discriminate against poor and working-class whites and racial minorities. Known as “redlining,” banks condemned whole neighborhoods and refused to make loans to people who lived there regardless of their credit worthiness
The Government National Mortgage Association (Ginnie Mae) and the Department of Veterans Affairs (VA) announced the formation of the Joint Ginnie Mae – VA Refinance Loan Task Force.
Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with Housing and Urban Development Secretary Ben Carson: Today we welcome the 17th Secretary of the Department of Housing and Urban Development, Dr. Ben Carson for his first appearance before our committee
Today, ConsensusDocs is announcing the release of a new industry standard agreement for operations and maintenance. The ConsensusDocs 910 Standard Operations and Maintenance (O&M) Agreement is the first agreement that ConsensusDocs has published that focuses on construction work services that take place after substantial completion.
International award-winning firm KTGY Architecture + Planning announces that nonprofit developer Eden Housing and the City of Fremont will celebrate the groundbreaking of a new affordable housing community at 47003 Mission Falls Court in Fremont, Calif., on Friday, October 13th, at 12 noon. Mission Court Senior Apartments will provide 90 one- and two-bedroom apartment homes for very low and extremely low-income active adults 62 and better who earn between 30 percent and 50 percent of the Area Median Income (AMI).
Real Estate Economists Expect Continued Moderate Growth for the Commercial Real Estate Industry Through...
The U.S. commercial real estate industry is, in general, expected to experience moderated growth through much of 2019, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate.
Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), issued the following statement in response to President Trump’s speech on tax reform in Harrisburg, Pa.
Leading the way for the more than 650 Multiple Listing Services (MLSs) in the nation that make the real estate market work by providing the data that fuels nearly 6 million home sales annually, three leading MLSs are among the first to be awarded RESO Data Dictionary 1.6 Platinum Certification, RESO’s highest level of certification on the most recent version of the Data Dictionary Standard, the Real Estate Standards Organization (RESO) announced today.
Following is a statement from Sean Gallagher, vice president of state affairs for the Solar Energy Industries Association (SEIA), on the unanimous settlement approved today to resolve Oncor Electric Delivery Company’s 2017 rate case
International award-winning firm KTGY Architecture + Planning announces that nonprofit developer, manager and advocate of affordable housing EAH Housing and the City of Emeryville celebrated the ground-breaking of a new 86-unit transit-oriented mixed-use residential development on Wednesday, October 11, 2017, at 3706 San Pablo Avenue in the downtown area of Emeryville, Calif.
The Senate Committee on Energy and Natural Resources Subcommittee on Water and Power Chairman Jeff Flake, R-Ariz., last week held a bipartisan roundtable to discuss opportunities to reduce federal red tape for aquifer recharge when it does not impact other water users, fully respects state primacy on groundwater, and complies with state water law.
House Speaker Paul Ryan (R-WI) issued the following statement following the Trump administration's announcement to repeal the Clean Power Plan: “Repealing the Clean Power Plan is the right move for the economy and for the rule of law.
Hanley Investment Group Completes Three 7-Eleven Deals for $9.13 Million, Marking Jeremy McChesney’s 23rd...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of three 7-Eleven properties in separate transactions for a combined value of $9,130,000. The properties are located in Los Angeles, San Diego and Bakersfield, California. One of the transactions had a record-low cap rate for 2017.
Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 6, 2017