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MBA

Broeksmit Comments on Announcement that Joseph Otting will be Named Acting Director of FHFA

Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), on the announcement that President Donald J. Trump will name Comptroller of the Currency Joseph Otting as Acting Director of the Federal Housing Finance Agency beginning Jan. 6 after the end of Director Mel Watt's term
NACWA

Congress Passes Bipartisan Integrated Planning Bill, Provides Communities Greater Long-Term Certainty for Clean Water...

The National Association of Clean Water Agencies (NACWA) applauds Congress for its strong bipartisan action in passing the Water Infrastructure Improvement Act, HR 7279. This bill will codify the US Environmental Protection Agency’s (EPA’s) Integrated Planning (IP) approach into law, and provide
Appraisal Institute

Stephen Wagner to Become President of Appraisal Institute on Jan. 1

Stephen S. Wagner, MAI, SRA, AI-GRS, of West Lafayette, Indiana, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with more than 18,000 professionals in nearly 50 countries.
NAHB

Statement from NAHB Chairman Randy Noel on First Step Act Being Signed into Law

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., today issued the following statement after President Trump signed the First Step Act into law
MBA

Broeksmit Testifies on Housing Finance Reform

Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA) testified today before the House Financial Services Committee at a hearing titled, "A Legislative Proposal to Provide for a Sustainable Housing Finance System: The Bipartisan Housing Finance Reform Act of 2018."
NAHB

NAHB Urges Congress to Act on Housing Finance Reform

The National Association of Home Builders (NAHB) today commended House Financial Services Committee Chairman Jeb Hensarling (R-Texas) for working with lawmakers across the political aisle to develop a legislative framework to move housing finance reform forward.
Mercy Housing

SEAHAWKS SUPPORT MOUNT BAKER FAMILY HOUSING & RESOURCE CENTER THROUGH FUNDRAISING CAMPAIGN

The Seahawks are raising funds for families experiencing homelessness and asking fans to join them in supporting the Mount Baker Family Housing & Resource Center. Starting today through the end of December, fans are encouraged to give by texting HOME12 to 44321 or clicking here. All donations made will be matched up to $20,000 by the Seahawks.
NLCHP

Barr’s Nomination for Attorney General Raises Concerns for Homeless Advocates

Maria Foscarinis, executive director of the National Law Center on Homelessness & Poverty, issued the following statement in response to President Trump’s nomination of William Barr to be United States Attorney General
SEIA

D.C. City Council Passes Historic 100 Percent Renewable Electricity Bill

The Solar Energy Industries Association (SEIA) welcomed the Washington, D.C. City Council’s passage of a landmark bill that will move the District to 100 percent renewable electricity by 2032, including specific requirements to grow solar energy.
Mercy Housing

$3 MILLION DONATION TO U.S. AFFORDABLE HOUSING COMES FROM ABROAD

This three-million-dollar gift marks the two organizations’ first partnership, and a major step toward improving low-income people’s access to essential job, health, and education resources for the residents of Mercy Housing. Mercy Housing Inc. (MHI) received the donation from the Congregation of the Sisters of Mercy in Ireland this September
ABC National

Contractors Lose Confidence in Q3 but Remain Upbeat, According to ABC’s Latest Construction Confidence...

While construction industry leaders remained confident in the third quarter of 2018, optimism slipped relative to the second quarter, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 5.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 14, 2018.
NAR

Existing-Home Sales Increase for Second Consecutive Month

Existing-home sales increased in November, according to the National Association of Realtors®, marking two consecutive months of increases. Three of four major U.S. regions saw gains in sales activity last month
NAR

Second Century Ventures Acquires Assets from Elmspring, Expands REach® Accelerator Program

Second Century Ventures, the National Association of Realtors®’ strategic investment arm has acquired certain assets of the Elmspring accelerator, a venture accelerator founded in 2014 by Adam Freeman and Tom Bretz, that invests in technology startups who aim to disrupt the real estate and housing industry.
NAHB

Single-Family Starts Drop in November as Builders Face Affordability Concerns

Rising housing affordability issues continue to hinder single-family production even as total housing starts increased in November. According to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department, overall housing starts rose 3.2 percent in November to a seasonally
NHC

NHC’s statement on HUD leadership changes

“Pam Patenaude has been a dynamic and effective deputy secretary, which is one of the most important housing positions in any administration,” said NHC President and CEO David M. Dworkin. “She has been a passionate advocate for relief efforts in Puerto Rico, and a key voice on behalf of housing within the Trump administration.”
IBTS

Building Resilient Communities: Federal, State, and Local Officials Convene to Discuss Resilient Housing

The Institute for Building Technology and Safety (IBTS), in partnership with the National Governors Association (NGA), will host a roundtable event in Washington, D.C. focused on best practices to improve housing resilience before and after a natural disaster.
NYU Furman Center

Report: NYCHA’s Outsized Role in Housing New York’s Poorest Households

A new fact brief by the NYU Furman Center outlines the critical role the New York City Housing Authority (NYCHA) plays in providing stable housing for the city’s poorest households. In 2017 over 60 percent of the roughly 174,000 households in NYCHA’s public housing developments earned 30 percent of Area Median Income (AMI) or less. That translates to just $28,600 annually for a family of four.
NAR

Realtors® Reassert Role as Leader in Blockchain Technology Education

The National Association of Realtors® unveiled a Blockchain Guidance paper on Wednesday afternoon during a webinar designed to keep real estate at the forefront of conversations surrounding the emerging technology. Although blockchain usage is not yet widely prevalent in the industry, NAR has worked to proactively educate state and local Realtor® associations
NAR

Majority Feel 2018 Fourth Quarter is Good Time to Buy Home, says Realtor® Survey

New findings from a National Association of Realtors® survey show that despite a favorable view on the economy and the direction of home prices, the sentiment on home buying continued to diminish at the close of 2018 – though a majority still think it is a good time to buy. Consumer sentiment about home buying weakened in the fourth quarter with only 34 percent strongly indicating it is now a good time to buy, down from 39 percent in the third quarter and 43 percent one year ago.

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

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.