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Existing-Home Sales Increase 1.3% in August
Existing-home sales inched up in August, marking two consecutive months of growth, according to the National Association of Realtors®. Three of the four major regions reported a rise in sales, while the West recorded a decline last month
August New Home Purchase Mortgage Applications Increased 33 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2019 shows mortgage applications for new home purchases increased 33 percent compared to a year ago.
MBA Statement on Enhancements to the CFPB Consumer Complaint Database
Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), regarding enhancements to the CFPB Consumer Complaint Database announced today
Appraisal Institute Praises House for Passing Valuation-Related Bills
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today applauded the U.S. House for passing consumer-friendly legislation that will address long-standing concerns surrounding residential appraisals
Landmark Bill Heads to Governor’s Desk to Address the Bay Area Housing Crisis
The California State Legislature approved Assembly Bill 1487 (Chiu-San Francisco), which will allow the San Francisco Bay Area to come together and address the region’s housing challenges through new funding, programs, and tools.
Ginnie Mae MBS Outstanding Increases to $2.087 Trillion
WASHINGTON, D.C. – Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $52.478 billion in August, providing financing for more than 207,000...
Splunk partners with Habitat for Humanity to build and repair homes in over 20...
Splunk Inc. announced today that it has partnered with Habitat for Humanity this summer to help build and repair homes alongside future Habitat homeowners in over 20 communities around the world.
International Housing Association Focuses on Access to Housing Finance
The International Housing Association (IHA) is focusing on ways potential home owners across the world can access housing finance to achieve homeownership, IHA leaders announced during
Statement from NAHB Chairman Greg Ugalde on Today’s Senate Banking Committee Hearing on the...
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., today issued the following statement in response to today’s Senate Banking Committee hearing
Vast Majority of Americans Cite Growing Housing Affordability Problem As a Crisis
Four out of five American households believe the nation is suffering a housing affordability crisis and at least 75 percent report this is a problem at the state and local level as well, according to a new nationwide survey conducted
Mortgage Credit Availability Decreased in August
Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool
MBA Releases 2019 Mid-Year Commercial/Multifamily Servicer Rankings
The Mortgage Bankers Association (MBA) today released its mid-year rankings of commercial and multifamily mortgage servicers' volumes as of June 30, 2019. At the top of the list of firms is Wells Fargo Bank, N.A., with $681.8 billion in master
Statement on GSE hearing from David M. Dworkin, president and CEO of the National...
“Today’s hearing made significant progress on the path to housing finance reform. While there was plenty of disagreement, there was also important alignment around essential issues of a bipartisan deal that has eluded Congress in the past.
Chicago Housing Authority joins partners to break ground for Sarah’s On Sheridan Apts.
Chicago Housing Authority officials this week joined Sarah’s Circle, the City of Chicago Department of Housing, and development partners to break ground for Sarah’s on Sheridan Apartments in the Uptown community
MBA Forecasts Record Commercial/Multifamily Mortgage Originations and Multifamily Lending in 2019 and 2020
The Mortgage Bankers Association (MBA) forecasts that commercial and multifamily mortgage bankers will close a record $652 billion of loans backed by income-producing properties this year
Realtors® Applaud White House Efforts to Advance Fannie, Freddie Reform Discussions
National Association of Realtors® President John Smaby issued the following statement commending the Trump administration for its efforts to reform America’s housing finance system.
Bringing Women Executives in Building Together: NIBS to Host Inaugural Event in October
The National Institute of Building Sciences is hosting its first annual Women Executives in Building Summit on Oct. 4. The event is being held at the headquarters of the National Restaurant Association in Washington, D.C.
New support includes $1.5 million to secure downtown home for Minnesota Museum of American...
The John S. and James L. Knight Foundation today announced $2.15 million in new investments focused on establishing downtown as a place for community, creativity and inclusive economic growth.
Appraisers Can Help Clients Navigate Natural Disasters, Appraisal Institute Says
In the aftermath of a natural disaster, such as a hurricane, appraisers can help their clients by providing expert market analysis, according to the nation’s largest professional association of real estate appraisers
National Housing Conference statement on Trump administration’s plan for the future of Fannie and...
The Trump administration’s housing finance reform plan “has many roads, but there is a viable path forward if Congress is engaged in true bipartisan change. If taken, we can finally move forward with a housing finance system that serves
