Yearly Archives: 2017

U.S. Secretary of Veterans Affairs Dr. David J. Shulkin announced that VA is making beds available where possible to non-Veteran nursing home residents affected by Hurricane Irma

Tax reform done right could yield savings and simplification that benefits average Americans, but history shows that misguided reforms can pose significant threats to the economy. That’s the message the National Association of REALTORS® brought to Congress today as Iona Harrison, chair of NAR’s Federal Taxation Committee

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s design and planning were honored at the American Institute of Architects Orange County Chapter (AIAOC) 2017 Design Awards last night. The AIAOC Design Awards program recognizes innovative solutions to the complex problems of today’s architectural environment in Orange County or by Orange County architects.

The U.S. Department of Housing and Urban Development (HUD) awarded $55.2 million to 77 Native American tribes throughout the country to improve housing conditions and to stimulate economic development in their communities. HUD's Indian Community Development Block Grant (ICDBG) Program is a competitive program that supports a wide range of community development and affordable housing activities, from new housing for individual families to community amenities like rec centers or water lines.

David H. Stevens, CMB, President & CEO of the Mortgage Bankers Association (MBA), released a statement following the Senate confirmation of Pam Patenaude to be the Deputy Secretary of Housing and Urban Development (HUD).

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement on the Senate confirmation of Pamela Patenaude as deputy secretary of the Department of Housing and Urban Development

The Mortgage Bankers Association's Research Institute for Housing America (RIHA) today released a new special report, Managing Mortgage Product Development Risk." The report "recommends a more formalized approach to assessing mortgage product risk that takes into account both product and process risk." It was authored by Clifford V. Rossi, Executive in Resident and Professor at the Robert H. Smith School of Business, University of Maryland.

The Department of Veterans Affairs (VA) announced it has awarded $343 million in grants to 288 nonprofit organizations to help low-income Veterans and their families. The grants were awarded under VA’s Supportive Services for Veteran Families (SSVF) program.

Mercy Housing, the largest affordable housing nonprofit in the country, announced today that it has upgraded six of its California properties with efficiency measures that will reduce the amount of energy and water consumed in the buildings. The upgrades were supported by Mercy Housing’s Green Hope sustainability program, designed to reduce consumption of natural resources, reduce waste, and create healthier living environments with no reduction in quality of service to the resi

U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of Florida and provide support to homeowners and low-income renters forced from their homes due to Hurricane Irma.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 28895 West Highway 120 in Lakemoor, Illinois for $7,250,000.

The Real Estate Standards Organization, or RESO, has revealed the 2017 RESO DataComp its first-ever data competition sponsored by Realtors Property Resource®, will begin on September 17, at 12:00 a.m. Pacific Time, culminating in live demonstration before a distinguished panel of industry judges from 1:00 p.m. to 4:30 p.m. Pacific Time on October 17 at the Pendry Hotel in San Diego, during the RESO fall conference.

The National Association of Home Builders (NAHB) today urged Congress to pass the bipartisan Save Local Business Act, legislation that would boost housing affordability and provide small businesses certainty and predictability by clarifying under law what constitutes a joint employer

The Mortgage Bankers Association (MBA) today released a new white paper, prepared for MBA by the law firm of Covington and Burling, entitled CFPB 2.0: Advancing Consumer Protection. The paper examines the approach of the Consumer Financial Protection Bureau (CFPB) during its first five years of undertaking enforcement actions in key areas--including actions that clearly departed from prior published interpretations-without providing sufficient supervisory guidance to the industry in advance.

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement regarding President Trump’s nomination of Brian Montgomery to run the Federal Housing Administration (FHA)

David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), made the following statement about President Trump nominating Brian Montgomery to be the next Federal Housing Commissioner at the U.S. Department of Housing and Urban Development (HUD)

Congresswoman Eleanor Holmes Norton’s (D-DC) home-rule provision to change a 1958 law that treated the District of Columbia government as a part of the federal government, as it was then, was included in a bill passed today by the House Oversight and Government Reform Committee (OGR).

Mortgage applications increased 9.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 8, 2017. This week's results included an adjustment for the Labor Day holiday.

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2017 shows mortgage applications for new home purchases increased 6.8 percent compared to August 2016. Compared to July 2017, applications increased by 7 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.

Ranking Member of the Senate Energy and Natural Resources Committee Maria Cantwell (D-Wash.) applauded the Department of Energy’s (DOE) announcement that the Pacific Northwest National Laboratory will receive grants to develop new cybersecurity technologies and tools and strengthen grid resilience.