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New Federal Standard to Improve Safety of High Chairs Takes Effect
The U.S. Consumer Product Safety Commission (CPSC) approved a new federal mandatory safety standard to make high chairs safer for both home and restaurant use.
CONTRACTORS NEED NOT APPLY: ADMINISTRATION’S NEW APPRENTICESHIP PROPOSAL FAILS TO ADDRESS GROWING CONSTRUCTION INDUSTRY...
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in response to the release of the Department of Labor
House Passes Robust Funding For DOE’s Energy Efficiency Programs
The Alliance to Save Energy released the following statement from President Jason Hartke after the U.S. House passed a ‘minibus’ spending bill including increased funding for energy efficiency programs in the Department of Energy
Appraisal Institute Urges Congress to Address Valuation Issues
The president of the Appraisal Institute, the nation’s largest professional association of real estate appraisers, encouraged Congress to act on valuation topics during today’s hearing on Capitol Hill.
Hanley Investment Group Arranges Sale of Two-Tenant Retail Property at Zinfandel Crossings in Sacramento...
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the second transaction in the
MLS Grid Earns Innovator Award Finalist Selection
MLS Grid, the real estate industry collaborative of multiple listing services (MLSs) providing an easy way to deliver standardized data, has earned a coveted spot as a “2019 Inman Innovator Award” finalist.
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
