ICBA Urges Changes to CFPB Qualified Mortgage Rule

Washington, D.C. - February 27, 2013 - (RealEstateRama) -- The Independent Community Bankers of America® (ICBA) today said that final mortgage rules issued by the Consumer Financial Protection Bureau (CFPB) should be adjusted to avoid leaving many consumers without access to mortgage credit. In a comment letter, ICBA wrote that while it appreciates accommodations for community banks in the CFPB’s new ability-to-repay and qualified mortgage (QM) regulations, the bureau should expand on these efforts to preserve access to credit for small-market customers.

NAR Statement on the Qualified Mortgage Rule

WASHINGTON, D.C. - January 11, 2012 - (RealEstateRama) -- “The National Association of Realtors® applauds the Consumer Financial Protection Bureau for creating a broadly defined Qualified Mortgage rule that establishes strong consumer protections while ensuring continued access to safe, affordable mortgage credit

NCRC Statement on the CFPB’s Qualified Mortgage Rule

Washington, DC - January 10, 2012 - (RealEstateRama) -- Today, in reaction to the Consumer Financial Protection Bureau’s (CFPB) release of the Qualified Mortgage (QM) rule and the inclusion of a legal “safe harbor” for certain qualified mortgages, NCRC President and CEO John Taylor made the following statement:

Statement from NAHB Chairman Barry Rutenberg on Qualified Mortgage Rule

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statement regarding the Consumer Financial Protection Bureau’s newly-released standard on the definition of a qualified mortgage (QM) which addresses the borrower’s ability to repay a home loan:

Business Real Estate Press Releases


Meridian Acquires El Dorado Medical Plaza in Tucson, Arizona

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of El Dorado Medical Plaza, a 187,690-square-foot, three-story combined Class-B medical office

Recent Gov & Nonprofit Real Estate Press Releases


Historic Preservation, Hospital Projects Highlight December Public Assistance Grant Awards

Collaboration between the Territory and FEMA’s Public Assistance team led to the approval of $25.8 million in December to support recovery from the 2017 hurricanes.