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Applications for New Home Purchases Decrease in May

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2016 shows mortgage applications for new home purchases decreased by 6 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.

Only One Day Left to Submit an Abstract to Present at Building Innovation 2017

Time is running out for industry professionals to submit an abstract to present during Building Innovation 2017: The National Institute of Building Sciences Fifth Annual Conference and Expo, to be held January 9-12, 2017, at the Mandarin Oriental in Washington, D.C.

Webinar on Creating High-Performing Education Facilities One Week Away

The Gordian Group, in partnership with Sightlines and the National Institute of Building Sciences, will host the free webinar, “Create & Maintain High Performing Education Facilities,” next Wednesday, June 22 at 2:00 pm ET/11:00 am PT to address K-12 and higher education funding and maintenance challenges.

Move, Inc.-Zillow Lawsuit Settled

We are pleased that Zillow has agreed to a settlement amount of $130 million in damages instead of going to trial, and that the parties have reached an amicable resolution.

71 Percent Believe Student Debt Delays Homeownership

Seventy-one percent of non-homeowners repaying their student loans on time believe their debt is stymieing their ability to purchase a home, and slightly over half of all borrowers say they expect to be delayed from buying by more than five years

Whirlpool Corporation and Habitat for Humanity renew 2016 partnership

Whirlpool Corporation today announced that it will continue to provide a new range and refrigerator for every new Habitat for Humanity home constructed in the U.S. in 2016, donating up to $5 million in products throughout the year and building upon a 17-year partnership with the organization

Consumers Energy Offers ‘Above and Below’ Summer Safety Tips

Now that Mother Nature is bringing the heat of summer to Michigan, Consumers Energy is reminding the public to stay safe while working or playing outside.

Consumers Energy Powers Michigan with Renewable Energy, Celebrates New Solar Facility at Grand Valley...

Consumers Energy today celebrated its first solar power plant -- a 17-acre array of 11,000 Michigan-made solar panels at Grand Valley State University that produces electricity for Michigan homes and businesses.

Consultative Council to Host Briefing During High Performance Building Week

The National Institute of Building Sciences Consultative Council will host a briefing during High Performance Building Week to highlight its 2015 Moving Forward Report. The Congressional luncheon briefing, “Achieving a High-Performance Built Environment: Findings and Recommendations from the Consultative Council,” will be held Thursday, June 16, from noon to 1:00 p.m. at the Rayburn House Office Building, Room 2253, in Washington, D.C.

Institute Spearheads Resilience Chapter in New Architectural Graphic Standards

Earlier this spring, Wiley released the twelfth edition of Architectural Graphic Standards, its seminal reference for building design and construction professionals. Among the updates and features in the edition is a newly added chapter on resilience developed under the leadership of the National Institute of Building Sciences.

HUD Properties Available for Homeless Services

In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the June 10, 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 Alabama, Colorado, Georgia, Kentucky, Missouri, Oklahoma, and Virginia

Consumers Energy Response to Michigan Public Service Commission Order on Estimated Bills

Consumers Energy is addressing the issue of estimated customer bills as it works with the Michigan Public Service Commission. We recognize that our performance on this issue does not reflect our standards of customer service, and we are committed to making this right

Representative Jordan Introduces Bill to Eliminate Means-Tested Housing Programs June 09, 2016

On May 26, Representative Jim Jordan (R-OH), chairman of the conservative House Freedom Caucus, introduced H.R. 5360, the Welfare Reform and Upward Mobility Act, which would prohibit Congress from funding means-tested housing programs and in their place create a single state block grant for housing activities.

NeighborWorks sets goal of $3 billion in mortgage originations in 2016, focuses on first-time...

NeighborWorks America, one of the country’s largest nonprofit community development corporations, announced today that it expects its network of nonprofits across the United States will help originate $3 billion of mortgages this year, up from approximately $2.9 billion and $2.8 billion in calendar years, 2015 and 2014, respectively

Mercy Loan Fund Reaches $2B Mark in Development Costs Leveraged

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., announced that it has reached a historic milestone: $2 billion leveraged in development costs.

Consumers Energy’s Budget Plan Provides Households, Businesses with Predictable Energy Bills

Peace of mind in the face of unpredictable weather along with convenience and security are major benefits for Consumers Energy customers who enroll in the monthly Budget Plan.

Rent or Buy: 6 Questions Millennials Should Consider During American Housing Month

Millennials looking to make their next housing move face a tough decision – to rent as prices continue to soar but with the flexibility to come and go, or to commit to the world of homeownership and all of its demands while interest rates are near historic lows. In recognition of American Housing Month, the American Bankers Association Foundation is highlighting sixquestions for millennials to consider when deciding to rent or buy.

The CRE 2016-17 Top Ten Issues Affecting Real Estate

The changing global economy, debt capital market retrenchment and widespread demographic shifts are expected to have the most significant impact on real estate in the near-and long-term, representing both risks and corresponding opportunities, according to The Counselors of Real Estate®, which today released its CRE® 2016-17 Top Ten Issues Affecting Real Estate. The list is developed annually

MBA Announces Nomination of CMG Financial’s Christopher M. George to be 2017 Vice Chairman

The Mortgage Bankers Association (MBA) announced the nomination of Christopher M. George, president and CEO of CMG Financial based in San Ramon, CA, to be its Vice Chairman for the 2017 membership year. He will be elected by MBA members at the Association's 103rd Annual Convention, which will be held this October in Boston, Massachusetts.

U.S. CENTERS FOR DISEASE CONTROL AND PREVENTION ASKS BUILDING OWNERS AND MANAGERS TO ADOPT...

The Building Owners and Managers Association (BOMA) International is pleased to work with the U.S. Centers for Disease Control and Prevention (CDC) to help reduce the risk of Legionella in commercial properties