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Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 27, 2016.

South Tail Water Site at Tippy Dam Temporarily Closed for Construction Project June 15...

Consumers Energy is replacing the wood stairs at the South Tail Water at Tippy Dam, and the site will be temporarily closed while the work is performed from June 15 to 30

Builders Call for End to Regulatory Overreach During National Homeownership Month

As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders continue to demand affordable housing for all Americans, calling for sensible reforms to burdensome regulations that increase the cost of housing.

Community Groups Call for Recapitalization of GSEs and End to Dividend Payments to U.S....

NCRC together with other consumer groups, homebuilders and small lenders sent a letter to Mel Watt, Director of the Federal Housing Finance Agency, expressing concern that the capital buffers of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will soon be depleted as a result of the Preferred Stock Purchase Agreements between the FHFA and the U.S. Department of Treasury. The letter calls for Watt to suspend the GSEs’ dividend payments to the Treasury Department and to establish a plan for their recapitalization.

Academy for Healthcare Infrastructure Calls for Presenters at 2017 Forum

The National Institute of Building Sciences Academy for Healthcare Infrastructure (AHI) is beginning to prepare its program for the2017 AHI Forum, to be held Wednesday, January 11, 2017, as part of Building Innovation 2017: The National Institute of Building Sciences Fifth Annual Conference and Expo at the Mandarin Oriental in Washington, D.C. Building on the overall Conference theme, the Forum theme is Creating a High-Performing Environment for Healthcare.

First OSCC Webinar Will Look at Getting the Most Out of Off-Site Construction

The National Institute of Building Sciences Off-Site Construction Council (OSCC) is launching a new webinar series designed to share knowledge and improve industry efficiency, productivity and speed to market through the use of pre-fabrication and off-site construction.

NAHMA Pays Tribute to Developers and Managers of High-Quality Affordable Housing

The National Affordable Housing Management Association (NAHMA) announces the winners of its annual Affordable Housing Vanguard Awards. These awards recognize newly developed or significantly rehabbed affordable multifamily housing communities that showcase high-quality design and resourceful financing.

Statement from NAHB Chairman Ed Brady on Supreme Court Wetlands Decision

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding the Supreme Court’s unanimous decision in the case of Army Corps of Engineers v. Hawkes Co. Inc.

ABA Celebrates Housing Choices, American Housing Month

In recognition of American Housing Month, the American Bankers Association Foundation and banks across the country are offering consumers valuable housing information throughout the month of June. The ABA Foundation will provide renters and homeowners with tips for choosing the right home, saving for a down payment and preparing a senior to ‘age in place.’

Representative McCarthy Introduces Moving to Work Expansion Bill

House Majority Leader Kevin McCarthy (R-CA) introduced April 29 The Moving to Work Reformation and Expansion Act of 2016, H.R. 5137, which would remove the cap on the number of public housing agencies (PHAs) that can participate in Moving to Work (MTW) and change the status of MTW from a demonstration to a program. H.R. 5137 also would authorize HUD to provide technical assistance to PHAs participating in MTW and evaluate housing reforms undertaken by MTW participants to identify replicable program models

Smart Homeowners Providing Opportunities For Smart Workers

In today's economy, information travels quickly. With that fast movement of news, many consumers are much more active in managing their financial situations. Nowhere is that truer than with mortgages. Whereas previous generations simply locked in a rate and made their payments for 360 months, today's homeowner expects more.

Tom Kimbis Named Interim President of SEIA

Tom Kimbis, general counsel and vice president of executive affairs for the Solar Energy Industries Association (SEIA), will serve as the association’s interim president starting June 1, SEIA’s leadership announced today

Lot Shortages Worse Than Ever According to NAHB Survey

Lot availability hit a record low according to new data from the National Association of Home Builders (NAHB). Sixty-four percent of builders responding to special questions in the May NAHB/Wells Fargo Housing Market Index reported that the supply of lots in their markets was “low” or “very low”—up from 62 percent last year, and the highest that number has been since NAHB began collecting this data in 1997

NAHB Now Accepting Applications for 2017 Best of 55+ Housing Awards

The National Association of Home Builders (NAHB) 55+ Housing Industry Council is now accepting applications for the 2017 Best of 55+ Housing Awards, which honor excellence in building, design, marketing and lifestyle of housing for boomers. A panel of industry professionals will judge entries in 45 award categories, including Best 55+ Detached Home, Best 55+ Affordable Rental Community, Best 55+ Recognition of Sustainable Features and Best 55+ Lifestyle Program, among others

Apartment and Condominium Market Remains Steady in the First Quarter

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB) remained essentially unchanged in the first quarter of 2016 after rising one point to 53. This is the 17th consecutive reading of 50 or above.

Real Estate Industry Leader Jeanne R. Myerson Named Chief Executive Officer of ULI’s Americas...

Real estate industry leader Jeanne R. Myerson, principal at The Belgrave Group in San Francisco, has been named chief executive officer for the Americas region of the Urban Land Institute (ULI), an interdisciplinary research and education institute dedicated to leadership in land use and creating thriving communities worldwide. Myerson, an active ULI San Francisco member, will join ULI’s staff as Americas CEO on June 28, 2016.

Pending Home Sales Lift Off in April to Over 10-Year High

Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to the National Association of Realtors®. All major regions saw gains in contract activity last month except for the Midwest, which saw a meager decline

Nearly $40 Million awarded through National Foreclosure Mitigation Counseling program to help more than...

NeighborWorks America today announced that nearly $40 million has been awarded to 21 state housing finance agencies (HFAs), 19 HUD-approved housing counseling intermediaries, and 60 community-based NeighborWorks organizations to provide counseling to families and individuals facing the threat of foreclosure.

USDA Allows State RD Offices to Reallocate Unused Rental Assistance

The USDA Rural Development (RD) office on May 24 published an "Unnumbered Letter" allowing state RD offices to reallocate unused rental assistance (RA) within their states without approval from the national office, reversing a policy in place since 2013 requiring state offices to return unused RA to the national office to be recaptured.

NAHB, OSHA Settle Litigation on Confined Spaces Rule

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding the settlement with the Occupational Safety and Health Administration (OSHA) on NAHB’s challenge to the agency’s Confined Spaces in Construction final rule