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FERC’s Dispute Resolution Service Gets New Home
Federal Energy Regulatory Commission Chairman Neil Chatterjee today announced a new home for FERC’s Dispute Resolution Service (DRS) in the Office of the General Counsel (OGC). “This move to OGC will give DRS higher visibility, an expansion of opportunities to use dispute resolution and more effective
Vice President Pence and Secretary Bernhardt Highlight the Need for Bipartisan Fix to National...
Vice President Mike Pence and U.S. Secretary of the Interior David Bernhardt visited Yellowstone National Park to renew the Trump Administration’s call for bipartisan legislation to fix infrastructure at National Parks
Ginnie Mae MBS Outstanding Increases to $2.068 Trillion
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $39.829 billion in May. A breakdown of May issuance includes $38.571 billion of Ginnie Mae II MBS and $1.517 billion
National Association of Realtors® Applauds House Efforts to Advance NFIP Reforms
John Smaby, President of the National Association of Realtors®, issued the following statement after the House Financial Services Committee voted Wednesday evening to advance the National Flood Insurance Program Reauthorization Act of 2019
Chicago Nonprofit Affordable Housing Developer Continues its Expansion in City & Suburbs
Only a month after expanding its footprint through the acquisition of affordable apartment buildings from the YMCA in Chicago and Harvey, IL, Preservation of Affordable Housing (POAH) announced today it is extending its reach by acquiring four
Why Home Equity Lines of Credit are Better than Reverse Mortgages
Home equity lines of credit and reverse mortgages have many similar features. Overall, however, a home equity line of credit (HELOC) offers a more versatile and advantageous way for home owners to access funds based on equity.
Read NRMLA’s Statement to USA Today
On June 13, NRMLA President and CEO Peter Bell submitted the following statement to USA Today in response to the investigative series of articles on HECM foreclosures written by reporters Nick Penzenstadler and Jeff Kelly Lowenstein.
ABC’s Construction Backlog Indicator Contracts in April
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.7 months in April 2019, down 0.8 months or 9% since March, when CBI stood at 9.5 months.
May New Home Purchase Mortgage Applications Increased 20.1 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2019 shows mortgage applications for new home purchases increased 20.1 percent compared from a year ago. Compared to April 2019, applications increased by 0.1 percent.
MBA’s Krystal Thomas and Andrea Oh Presented with Women in Housing Finance, Inc.’s 40...
The Mortgage Bankers Association's (MBA) Krystal Thomas, Government Program Specialist, and Andrea Oh, Policy Advisor, were recognized by Women in Housing and Finance, Inc. (WHF) as a 2019 winner of its WHF 40 under 40 award.
Builder Confidence Solid in June Amidst Growing Economic Uncertainty
Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Brian McLaughlin to lead Enterprise Community Development, one of the nation’s largest owners of...
Brian McLaughlin has been named president and CEO of Enterprise Community Development (ECD), a new organization that brings together two of the Mid-Atlantic’s leading developers and managers of affordable, well-designed homes: Community Preservation
Construction Input Prices See Slight Increase in May, says ABC
June 11—Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today
MBA Awards Over $90,000 in Path to Diversity Scholarships
The Mortgage Bankers Association (MBA) today announced that it awarded over $90,000 in scholarships to 101 women and minorities under its Path to Diversity (P2D) Scholarship Program during the first eight months
Mortgage Credit Availability Increased in May
Mortgage credit availability increased in May 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.
WelbeHealth Signs Lease for 14,200 SF at Meridian’s Cotton Medical Center in Pasadena, Calif.
Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that WelbeHealth recently signed a lease at Meridian’s recently renovated Cotton Medical Center, a 115,000-square-foot medical office complex
Solar Leader REC Group Joins SEIA’s Board of Directors
The Solar Energy Industries Association (SEIA), the national trade association for the U.S. solar energy industry, announced today that REC Americas, a leading solar manufacturer has joined its board of directors
Disney Commits $1M to the National Recreation and Park Association to Support Play Spaces...
The National Recreation and Park Association (NRPA), today, announced the recipients of its 2019 Meet Me at the Park Play Spaces grants. Part of a $1 million donation by The Walt Disney Company
Ginnie Mae Publishes Ginnie Mae 2020 Progress Update
Ginnie Mae today released a progress update to its Ginnie Mae 2020 white paper, detailing strides the agency has made toward modernizing its mortgage-backed securities (MBS) platform
National Association of Realtors® Files Amicus Brief Defending Labor Department’s AHP Rule
The National Association of Realtors® filed an amicus brief(link is external) in defense of the Department of Labor’s (DOL) Association Health Plan rule late last week. Amicus briefs are legal documents filed
