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Statement of Bob Broeksmit on Confirmation of Mark Calabria to be Director of the...
Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), on the Senate confirmation of Mark Calabria to be Director of the Federal Housing Finance Agency
Mortgage Credit Availability Increased in March
Mortgage credit availability increased in March 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
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 18.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 29, 2019.
MBA Releases Fourth Quarter 2018 Commercial/Multifamily DataBook
The Mortgage Bankers Association's (MBA) fourth quarter of 2018 Commercial/Multifamily DataBook is now available. The report summarizes major trends that developed during the fourth quarter of 2018.
Renters Report Housing Costs Significantly Impact Their Health Care
A new national survey on the connection between homes and health from Enterprise Community Partners Inc. (Enterprise) finds that more than half of the 1,000 renters surveyed have delayed care because they couldn’t
February Construction Unemployment Rates Down in 46 States Year Over Year, Says ABC
WASHINGTON, April 3 — (RealEstateRama) — Estimated February not seasonally adjusted construction unemployment rates fell nationally and in 46 states on a year-over-year basis,...
WHAT THEY’RE SAYING: Senators, Industry Leaders Comment on GSE Reform
As the Senate Banking Committee solicited feedback on Chairman Mike Crapo's plan to restructure America's housing finance system at multiple hearings last week, industry consensus surrounding the principles of reform began to emerge.
House Financial Services Committee Holds Hearing to Examine Fair Housing Laws
The U.S. House Committee on Financial Services held a full committee hearing entitled, “The Fair Housing Act: Reviewing Efforts to Eliminate Discrimination and Promote Opportunity in Housing.” The hearing examines fair housing laws, new online platforms in the housing market
Appraisers Adapt to Evolving Residential Market: Valuation Magazine
Appraisers working in the residential real estate sector say national trends broadly apply to their markets, but they note that since each region essentially is local, they need to adapt to ever-changing area dynamics
MBA Releases 2018 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association (MBA), the following firms were the top commercial/multifamily mortgage originators in 2018
Habitat for Humanity welcomes Wells Fargo’s Mary Mack to its international board of directors
Habitat for Humanity International’s board of directors has elected Mary Mack, Wells Fargo & Company’s senior executive vice president and head of Consumer Banking to join the board and lend her expertise to the leading global housing nonprofit.
First-Time Home Buyers Battle Rising Prices, Seek Better Homes
As the housing industry celebrates New Homes Month in April, recent data from the American Housing Survey (AHS) confirms nearly two-thirds of first-time home buyers say a better home is the top reason for moving, followed by household formation, 61 percent and a better neighborhood, 49 percent.
NAR President John Smaby issued the following statement after District Court of Columbia Judge...
One in six Gen Xers purchased a multi-generational home, overtaking younger boomers as the generation most likely to do so; with 52 percent of those Gen X buyers indicating that they did so because their adult children have either moved back or never left home.
Realtors® Denounce Federal Court Decision to Strike Down AHP Expansion
NAR President John Smaby issued the following statement after District Court of Columbia Judge John Bates struck down a Department of Labor attempt to expand association health plans earlier this week.
New Home Sales Show Solid Growth in February
Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 667,00 units in February after an upwardly revised January report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since March 2018
Statement from NAHB Chairman Greg Ugalde on NAFTA Panel Ruling
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement after the NAFTA Binational Panel agreed to allow NAHB to file an amicus brief regarding the U.S.-Canada softwood lumber trade dispute:
ABC Backs Bill to Increase Competition on Taxpayer-funded Construction Contracts
Associated Builders and Contractors today voiced its strong support for the Fair and Open Competition Act (H.R. 1858/S. 907), which will benefit taxpayers by encouraging more qualified construction companies to compete for federal and federally funded construction projects. The bill, introduced by Rep. Ted Budd (R-N.C.) and Sen.
Free Press: HUD Action Against Facebook Just a First Step in Protecting Users’ Civil...
On Thursday, the Department of Housing and Urban Development announced that it would charge Facebook for violating the Fair Housing Act by “encouraging, enabling, and causing housing discrimination through the company’s advertising platform.”
ABC Announces National Diversity Excellence Award Winners
March 28—Associated Builders and Contractors has named the winners of the National Diversity Excellence Awards, an annual recognition of ABC members that display exemplary diversity leadership in their workforce, supply chain and community with best-in-class recruitment policies
Realtors® Respond as Trump White House Calls for Plan to End Conservatorship
This week, the Senate Banking Committee advanced conservations on GSE reform by welcoming various housing industry leaders to testify before their committee, including NAR President-Elect Vince Malta. Also on Wednesday, the White House announced that President Trump