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MBA Releases Lender Disclosure Template for Adjustable-Rate Mortgage Borrowers in Preparation for LIBOR Sunset
With the discontinuation of the London Interbank Offered Rate (LIBOR) likely on the horizon, the Mortgage Bankers Association (MBA) released today a disclosure template for residential mortgage lenders to share with consumers
IMBs Report Increased Profitability in the First Quarter of 2019
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $285 on each loan they originated in the first quarter of 2019, up from a reported loss of $200 per loan in the fourth
MBA’s Lisa Haynes Presented with a Diversity & Inclusion Award by CIFS
Lisa Haynes, Chief Financial and Diversity and Inclusion Officer of the Mortgage Bankers Association (MBA), was presented with a 2019 Diversity & Inclusion Award by the Council for Inclusion in Financial Services (CIFS)
Norton Presents Award to DC’s Fort Chaplin Park Apartments
Congresswoman Eleanor Holmes Norton (D-DC) today presented the Charles Edson Tax Credit Excellence Award to Fort Chaplin Park Apartments, owned and operated by Standard Communities and Alliant Capital, for their work preserving affordable housing in the District of Columbia.
ABC Names the Top-performing Contractors in U.S. Commercial and Industrial Construction
Associated Builders and Contractors today released its 2019 Top Performers lists, which recognize ABC member contractors’ achievements in safety, quality, diversity and project excellence ranked by work hours
Mayor Bowser and Greater Washington Community Foundation to Launch the District’s First-Ever Public–Private Partnership...
On Thursday, June 6, at 10:30 am, Mayor Bowser, along with her Interagency Council on Homelessness (ICH) and the Greater Washington Community Foundation, will launch the Partnership to End Homelessness.
CONSTRUCTION OFFICIAL URGES SENATORS TO PASS MEASURE TO PROTECT LEGAL STATUS OF OVER 100,000...
Construction Association Head Says Senate Must Pass Immigration Measure that Avoids Significant Disruptions to Construction Projects in Regions with Big TPS & Dreamer Populations. The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement
NAAHL Explores What’s Next for Neighborhood Finance at Annual Conference
National Association of Affordable Housing Lenders (NAAHL) will host its annual Policy and Practice conference at the National Press Club in Washington, DC. Housing industry leaders and policy makers from banks
Nearly 700 Builders Shine a Spotlight on Housing Affordability in Hill Visits
Nearly 700 builders from across the nation converged on Capitol Hill today for the National Association of Home Builders (NAHB) 2019 Legislative Conference to urge their lawmakers to support policies that will increase the production of quality
Realtors® Join with VA to Commemorate 24 Millionth Loan, 75th Anniversary of GI Bill
This morning, at the National Press Club in Washington, D.C., the Department of Veterans Affairs welcomed more than 100 industry stakeholders and governments officials to commemorate the 75th Anniversary of the GI Bill.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 31, 2019.
MBA Survey on LIBOR Transition Finds a Mix of Preparation and Uncertainty Among Commercial...
Commercial and multifamily real estate finance firms are preparing for the transition away from the London Interbank Offered Rate (LIBOR), but there is little uniformity when it comes to the details, according to the results of a new survey by the Mortgage Bankers Association's (MBA)
National Housing Conference Statement on the Affordable Housing Credit Improvement Act of 2019
The National Housing Conference (NHC) applauds Senators Maria Cantwell (D-Washington), Johnny Isakson (R-Georgia), Ron Wyden (D-Oregon), and Todd Young (R-Indiana), and Representatives Suzan DelBene (D-Washington), Kenny Marchant (R-Texas)
Modest Increase in Nonresidential Spending in April, says ABC
According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 0.3% in April, totaling $792.6 billion on a seasonally adjusted annualized basis, which is a 6.4% increase compared to the same time last year.
Norton Celebrates Historic Home-Rule Victories in D.C. Spending Bill, Removal of D.C. Riders and...
Congresswoman Eleanor Holmes Norton (D-DC) announced that the House’s fiscal year (FY) 20 District of Columbia Appropriations bill, released last night, contains most of her top policy and funding priorities. Among others, the bill contains no anti-home-rule riders, no congressional appropriation of local funds
KTGY Architecture + Planning Receives 2019 Gold Nugget Award Honors
Judges for the 2019 Gold Nugget Awards have recognized international award-winning firm KTGY Architecture + Planning at its annual competition in 10 different award categories and 11 awards. The award program honors architectural design
Luxury Bath Technologies and Habitat for Humanity enter national partnership
Luxury Bath Technologies, a manufacturer of acrylic bathroom renovation products and accessories, has entered into a new partnership with Habitat for Humanity International. The company is donating up to $250,000 in bath products to be used to help complete Habitat homes across the United States
Hanley Investment Group Completes Sale of Multi-Tenant Retail Pad Building at Walmart Supercenter in...
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Vice President Jeff Lefko and Executive Vice President Bill Asher have arranged the sale of a multi-tenant, pad building shadow-anchored by Walmart Supercenter in Rockford, Ill. The 9,000-square-foot pad building is occupied by Aspen Dental, Sleep Number and FASTSIGNS.
EPA Issues Memo to Increase the Agency’s Compliance with Clean Water Act Deadlines
The U.S. Environmental Protection Agency (EPA) is taking an important step toward ensuring the Agency is meeting its statutory obligations and carrying out the cooperative federalism principles embodied in the Clean Water Act (CWA).
Builders Call on Congress to Address Housing Affordability Challenges
As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders are urging Congress to address America’s housing affordability challenges. “Removing regulatory barriers that contribute to the increased costs of housing will pave the way