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Mortgage Credit Availability Decreased in August
Mortgage credit availability decreased in August 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
MBA Releases 2019 Mid-Year Commercial/Multifamily Servicer Rankings
The Mortgage Bankers Association (MBA) today released its mid-year rankings of commercial and multifamily mortgage servicers' volumes as of June 30, 2019. At the top of the list of firms is Wells Fargo Bank, N.A., with $681.8 billion in master
Statement on GSE hearing from David M. Dworkin, president and CEO of the National...
“Today’s hearing made significant progress on the path to housing finance reform. While there was plenty of disagreement, there was also important alignment around essential issues of a bipartisan deal that has eluded Congress in the past.
Chicago Housing Authority joins partners to break ground for Sarah’s On Sheridan Apts.
Chicago Housing Authority officials this week joined Sarah’s Circle, the City of Chicago Department of Housing, and development partners to break ground for Sarah’s on Sheridan Apartments in the Uptown community
MBA Forecasts Record Commercial/Multifamily Mortgage Originations and Multifamily Lending in 2019 and 2020
The Mortgage Bankers Association (MBA) forecasts that commercial and multifamily mortgage bankers will close a record $652 billion of loans backed by income-producing properties this year
Realtors® Applaud White House Efforts to Advance Fannie, Freddie Reform Discussions
National Association of Realtors® President John Smaby issued the following statement commending the Trump administration for its efforts to reform America’s housing finance system.
Bringing Women Executives in Building Together: NIBS to Host Inaugural Event in October
The National Institute of Building Sciences is hosting its first annual Women Executives in Building Summit on Oct. 4. The event is being held at the headquarters of the National Restaurant Association in Washington, D.C.
New support includes $1.5 million to secure downtown home for Minnesota Museum of American...
The John S. and James L. Knight Foundation today announced $2.15 million in new investments focused on establishing downtown as a place for community, creativity and inclusive economic growth.
Appraisers Can Help Clients Navigate Natural Disasters, Appraisal Institute Says
In the aftermath of a natural disaster, such as a hurricane, appraisers can help their clients by providing expert market analysis, according to the nation’s largest professional association of real estate appraisers
National Housing Conference statement on Trump administration’s plan for the future of Fannie and...
The Trump administration’s housing finance reform plan “has many roads, but there is a viable path forward if Congress is engaged in true bipartisan change. If taken, we can finally move forward with a housing finance system that serves
Don’t Disrupt Lending or Increase the Cost of Housing: Civil Rights Coalition Warns Against...
Yesterday, in response to a Presidential Memorandum on Federal Housing Finance Reform, the U.S. Department of Treasury and U.S. Department of Housing & Urban Development released
Habitat for Humanity: Presidential debates must address housing affordability
More than 100 Habitat for Humanity organizations throughout the country are calling on debate organizers and presidential candidates to address the nation’s urgent housing affordability needs
FHJC Settles Race Discrimination Case
Today, the Fair Housing Justice Center (FHJC) announced the settlement of a fair housing lawsuit against Charm Equities LTD; its principal officers Howard and Michael Kohn; building superintendent Michael D’Antonio
CONSTRUCTION SPENDING EDGES HIGHER IN JULY BUT DECREASES YEAR-TO-DATE AS DECLINE IN SINGLE-FAMILY HOMEBUILDING...
Association Survey Finds Contractors Remain Eager to Hire but Report Continuing Difficulty in Filling Hourly Craft Positions; Officials Urge Increase in Career and Technical Education, Greater Immigration for Qualified Workers
Realtor® Good Neighbor Awards Finalists Honored for Impactful Volunteer Work
The National Association of Realtors® has honored 10 Realtors®, members of the National Association of Realtors®, as finalists for its 2019 Good Neighbor Awards.
Mortgage Production Profits Rise in Second Quarter of 2019 to Highest Since 2016
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $1,675 on each loan they originated in the second quarter of 2019
Kelli Burke Joins MBA as Vice President of Commercial Real Estate Finance
The Mortgage Bankers Association (MBA) announced today that Kelli Burke has joined MBA as Vice President of Commercial Real Estate Finance (CREF). Burke's responsibilities will include leading MBA's CREF member
Bipartisan housing finance reform possible, NHC white paper says
The National Housing Conference has released a new white paper on housing finance reform that calls for bipartisan cooperation between Congress and the Trump administration to complete housing finance reform leading to the release of Fannie Mae and Freddie Mac from conservatorship
MBA Inaugural Study: Modest Growth Anticipated in Home Equity Lending
Home equity loan debt outstanding and borrower utilization rates declined in 2018, and mortgage lenders anticipate mixed activity this year and only modest increases in originations in 2020.
Pending Home Sales Decline 2.5% in July
Pending home sales fell in July, reversing course on two consecutive months of gains, according to the National Association of Realtors®. Of the four major regions, each reported a drop in contract activity, although the greatest decline came in the West