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Statement from NAHB Chairman Ed Brady on Legal Challenge to Waters of the U.S....

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement after the association and its industry partners presented their first brief to the U.S. Court of Appeals for the Sixth Circuit challenging the Waters of the U.S. rule

Utility And Efficiency Businesses Take Key Step On New Utility Rate Designs

The Alliance to Save Energy announced Wednesday it has successfully completed the first round of negotiations with a group of utility and energy efficiency interests to develop new recommendations that could shape how millions of Americans use and pay for energy in their homes. The group’s members agreed unanimously on a set of core principles guiding their work toward developing new utility rate designs that encourage the efficient and productive use of energy
CVS Pharmacy

The Boulder Group Arranges Sale of Net Leased CVS Pharmacy Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased CVS Pharmacy located at 6820 North Pear Tree Lane in Peoria, Illinois for $4,198,000. More...

CONSTRUCTION SPENDING EDGES DOWN IN SEPTEMBER AND IS UP MODESTLY FOR THE FIRST NINE...

Construction spending remained in a yearlong holding pattern in September as declining public outlays offset strong growth in multifamily spending and several private nonresidential categories, according to an analysis by the Associated General Contractors of America. Association officials said declining investments in public infrastructure are undermining the sector’s recovery and urged Congress to act on pending water resources legislation and voters to support ballot measures designed to rebuild aging infrastructure

New ULI Book ‘Making It in Real Estate: Starting Out as a Developer’ Gives...

A new book published by the Urban Land Institute (ULI) offers practical advice on becoming a real estate entrepreneur and specifically, on owning and operating one’s own development firm. Written in a conversational style and light-hearted tone, Making It in Real Estate: Starting Out as a Developer serves as a “how-to” guide on the nuts and bolts of development

MBA’s Future Leaders Program Graduates 63 Residential and Commercial/Multifamily Real Estate Finance Professionals

The Mortgage Bankers Association (MBA) recognized a total of 63 mortgage professionals -- 35 from the residential market segment and 28 from the commercial/multifamily market segment -- in a graduation ceremony for MBA's Future Leaders Program held at MBA's Annual Convention & Expo in Boston, MA

First-time Buyers, Single Women Gain Traction in NAR’s 2016 Buyer and Seller Survey

The quickening pace of home sales over the past year included a small rebound from two key segments of buyers who have been missing in action in recent years: first-time buyers and single women.

DCHFA Funds its First Development Project of FY 2017 in Deanwood

The District of Columbia Housing Finance Agency issued $6.10 million in long term and $10.73 million in short term DCHFA tax exempt obligations in acquisition and construction financing to build Deanwood Hills Apartments (5201 Hayes Street Northeast) in Ward 7’s Deanwood neighborhood.

Statement from NAHB Chairman Ed Brady on HUD Floodplain Management Plan

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., today issued the following statement on the U.S. Department of Housing and Urban Development’s proposed regulations regarding floodplain management

HUD Properties Available for Homeless Services

In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the Oct. 28, 2016, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property.

Alliance To Save Energy Elects New Leaders To Board

The Alliance to Save Energy’s Board of Directors on Wednesday elected three new members to help lead the organization’s mission of achieving a more energy efficient future. The newly elected directors, who represent top business and utility entities, include

Organizations Rally to Rebuild Storm-Strong Home after Superstorm Sandy

As the area reflects on the three-year anniversary of Superstorm Sandy, many homeowners are still trying to return to some kind of normal life. A coalition has formed to assist one of those families, and to build them a home able to withstand future storms or disasters

Purchase Originations to Total $1.1 Trillion in 2017

The Mortgage Bankers Association (MBA) announced today that it forecasts $1.10 trillion in purchase mortgage originations during calendar year 2017, an 11 percent increase from 2016.  In contrast, MBA anticipates refinance originations will decrease by 40 percent, resulting in refinance mortgage originations of $529 billion.  In total, mortgage originations are expected to decrease to $1.63 trillion in 2017 from $1.89 trillion in 2016.

$30 Million Joint Effort to Improve Solar Module Materials

The Department of Energy’s (DOE’s) Lawrence Berkeley National Lab (Berkeley Lab) will work with four other DOE national labs in a new effort designed to accelerate the development and deployment of innovative, high-performance materials for photovoltaic modules to lower the cost of electricity generated by solar power while increasing field lifetime

MORPAC Honors James Deitch with the Distinguished 2016 Schumacher-Bolduc Award

The Mortgage Bankers Association Political Action Committee (MORPAC) today awarded James Deitch, CMB, CPA; CEO of Teraverde Financial, with the 2016 Schumacher-Bolduc Award at the association's Annual Convention and Expo held in Boston. The award was given to Mr. Deitch in recognition of his outstanding work on behalf of MBA's political advocacy programs and the mortgage lending industry

American wind power on the rise, with 20 gigawatts more on the way

American wind power gained tremendous momentum in the third quarter of 2016 as states, utilities and ratepayers from coast to coast increased their investment in the energy source America agrees on

Remarks by Rodrigo Lopez, CMB, MBA Chairman, During MBA’s Annual Convention & Expo

Rodrigo Lopez, CMB, Chairman of the Mortgage Bankers Association (MBA) and Executive Chairman of NorthMarq Capital, today delivered the following remarks at the association's Annual Convention and Expo in Boston, MA

MBA Honors Union Home Mortgage’s Bill Cosgrove with Woodward Distinguished Service Award

The Mortgage Bankers Association (MBA) honored Bill Cosgrove, CMB, President and CEO of Union Home Mortgage, with its Andrew D. Woodward Distinguished Service Award. The award is presented in recognition of dedication and prominent service to MBA and the mortgage lending industry in a variety of capacities involving both legislative and regulatory activities. Cosgrove was presented the award in a ceremony held at MBA's Annual Convention & Expo in Boston, MA.

MBA Announces Inaugural Diversity & Inclusion Award Winners

The Mortgage Bankers Association (MBA) today announced its first annual awards recognizing member companies for their leadership in diversity and inclusion. Companies were recognized in two different categories: organizational diversity & inclusion and market outreach strategies.

NCSHA RECOMMENDS FURTHER IMPROVEMENTS TO STATE FAIR HOUSING ASSESSMENT TOOL

NCSHA submitted comments to HUD on the second iteration of the proposed Affirmatively Furthering Fair Housing (AFFH) Assessment Tool for States and Insular Areas, which HUD released for a 30-day comment period in late September. HUD initially published the proposed state assessment tool in March for a 60-day comment period, then revised the tool based on the comments it received, including those NCSHA provided in May.

Recent NAHB Press Releases

NAHB

New Nationwide Codes Mandate a Major Blow to Housing Affordability

Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., today issued the following statement after the Biden administration

Random NAHB in News

Forbes

I Want A Better House

Before anyone was talking "green," our company, I Want a Better House, was delivering the capabilities to make beautiful buildings that were safe, healthy, energy efficient and