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The Regis Houze, the first project of the Capital Impact Partners-managed Woodward Corridor Investment Fund (WCIF), held its ribbon-cutting ceremony today in a prime location just off Woodward Avenue in the New Center area of Detroit.

The National Community Reinvestment Coalition (NCRC) released an analysis of home purchase and small business lending in Baltimore, Maryland, and the surrounding areas. The analysis reveals deep racial disparities in mortgage lending.

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today installed its 2016 Leadership Team. Leading the team is C.A.R. President Pat “Ziggy” Zicarelli, a second-generation REALTOR® and broker in Southern California. Serving with Zicarelli are President-elect Geoff McIntosh, Treasurer Jared Martin, and Chief Executive Officer Joel Singer.

The Solar Energy Industries Association (SEIA), the national trade association for the U.S. solar energy industry, announced today that Mortenson Construction, one of the largest construction firms in the United States, has joined SEIA’s board. Senior Vice President, Jim Yowan, will serve as a director

The reports reveal the number of homes, condos and villas sold compared to last year has declined by more than five percent, while the average days on market is also down by 12 percent compared to last year.New listings also decreased by almost seven percent to 7,693 along with Pending Sales which decreased ten percent to 4,798

David H. Stevens, President and CEO of the Mortgage Bankers Association, issued the following statement today after the Federal Housing Administration (FHA) released its annual report to Congress

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2015 shows mortgage applications for new home purchases decreased by 8 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.

Cynthia Shelton, a Realtor® from Orlando has received the National Association of Realtors® 2015 Distinguished Service Award. The honor is presented yearly to no more than two of NAR’s more than one million members. Winners were recognized at the REALTORS® Conference & Expo in San Diego.

The more than one million members of the National Association of Realtors® will soon have free access to electronic forms and transaction management software from REALTOR Benefits® Program partner zipLogix

A Rare Occurrence: The Geography and Race of Mortgages Over $500,000, released today by the National Low Income Housing Coalition (NLIHC), reveals that only 5% of the mortgages obtained in the past three years in the U.S. were larger than $500,000 and that lowering the Mortgage Interest Deduction (MID) cap to $500,000 would have no impact on the majority of homeowners nationwide given the rarity of mortgages over that amount

Tom Woods, chairman of the National Association of Home Builders (NAHB) and a home builder from Blue Springs, Mo., issued the following statement after the Federal Housing Administration released its annual actuarial report to Congress

Patricia R. “Trish” Healy, founding principal of Hyde Street Holdings, LLC in Raleigh, North Carolina, has been named Chairman of the Americas for the Urban Land Institute (ULI), a non-profit research and education institute with more than 36,000 members dedicated to leadership in real estate and land use and creating thriving communities worldwide. Healy, a longtime ULI member, ULI Foundation Governor, and former ULI Trustee, will serve in this position through June 30, 2018.

The Federal Housing Administration today released its 2015 Actuarial Review, a financial assessment of the Mutual Mortgage Insurance Fund, and the review shows that the fund has strongly rebounded, achieved greater overall health, and seen increased access to safe mortgage financing as cuts to FHA's annual mortgage insurance premium have taken hold.

The New York State Association of REALTORS (NYSAR) is pleased to announce that Liz Celeone, Esq. of Schaghticoke, NY has joined the association as associate counsel. Celeone will assist NYSAR’s general counsel in providing services to members, conduct legal research and author articles for association publications

With the Governor’s recent call for California to use more renewable energy, the City of Sacramento is making it easier to install small residential solar energy systems by offering an expedited building permit process. ThroughSacramento Streamline, homeowners and contractors are able to apply for a residential solar installation permit and receive approval in three days or less, with most being approved within one day.

Join MEREDA for breakfast on December 10th from 7:30 AM - 9:00 AM at the Portland Regency Hotel for a thought provoking conversation and learn about trends in Maine lake health, new cross-sector initiatives to protect our lakes, and how a program called LakeSmart can help communities safeguard their freshwater resources

On Veterans Day, Matt, John, and Ultima Morgan of Morgan & Morgan visited Coalition for the Homeless of Central Florida to deliver $50,000 in support of the organization’s Veteran Services Program -- and to announce that the Central Florida community had successfully matched their gift

On November 12, HUD announced a proposed rule that would prohibit smoking in public housing nationwide due to the dangers of second-hand smoke. The proposal could impact about one million households. Importantly, the ban would extend to outdoor areas, including up to 25 feet of common areas and administrative office buildings. Critics charge that the ban is yet another challenge for the already burdened public housing agencies.

The Center for Green Schools at the U.S. Green Building Council (USGBC) announced today the 2015 recipients of its school district scholarship program. The five selected school districts will receive ongoing support from the Center for Green Schools over the course of the next year and will benefit from connections with a broad network of school sustainability leaders.

The U.S. Green Building Council (USGBC) announced today its 2016 Board of Directors and Advisory Council members. The new governance structure of two leadership bodies will officially be implemented in 2016