Yearly Archives: 2017

Chairman Rob Bishop (R-UT) issued the following statement in reaction to the Bureau of Land Management’s (BLM) methane rule delay. “The previous rule was outside the limits of BLM’s authority. “The previous rule was outside the limits of BLM’s authority.

Providing more evidence of a strengthening economy, Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) set a record as it expanded to 9.45 months during the third quarter of 2017, up 9.8 percent from the second quarter to the longest backlog reading in the eight-year history of the series. CBI is up by 0.8 months, or 9.2 percent, on a year-over-year basis.

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has received two prestigious 2017 HREI Insights Awards in the categories of “Best Renovated or Repurposed Healthcare Facility” and “Best New Medical Office Buildings and Other Outpatient Facilities under 25,000 square feet.”

The National Institute of Building Sciences Off-Site Construction Council (OSCC) is conducting a new survey to gain an understanding of how the U.S. building industry has changed its use of off-site construction methods in the past three years.

The House Financial Services Committee will vote next week on a bill – introduced by Congressman French Hill (R-AR) – that includes a provision to hold hostage the national Housing Trust Fund, a program that helps America’s lowest income seniors, people with disabilities, families with children, and veterans afford to keep a roof over their heads, until Congress passes legislation to reform Fannie Mae and Freddie Mac. While NLIHC looks forward to working with Congress to enact bipartisan housing finance reform legislation that ensures housing access and affordability for American families, it strongly opposes using critically needed housing resources for struggling families as a bargaining chip

Mortgage applications increased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 1, 2017. The prior week's results included an adjustment for the Thanksgiving holiday.

The U.S. Environmental Protection Agency has awarded approximately $10.6 million in clean water infrastructure and $14.3 million in drinking water state revolving loan funding (SRF) to the state of Colorado to support key water infrastructure projects, including new and upgraded wastewater and drinking water plants to ensure clean drinking and surface water, better serve residents, increase efficiency and reduce pollution

Christopher M. George, Chairman-Elect of the Mortgage Bankers Association (MBA) and the founder, President and CEO of CMG Financial, testified today before the U.S. House of Representatives Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit at a hearing entitled, "Legislative Proposals for a More Efficient Federal Financial Regulatory Regime: Part II." His full written testimony is available here. Below is George's oral testimony, as prepared for delivery

Mortgage Bankers Association (MBA) President and CEO David H. Stevens, CMB, issued the following statement in response to the Department of Housing and Urban Development's revised policies for Federal Housing Administration (FHA) insurance of Property Assessed Clean Energy (PACE) obligations

While America’s homeownership rate continues to hover around a 50-year low, experts gathered at the National Association of Realtors® Washington, D.C. location today said there is a clear path to improving the landscape for homeownership.

The Conference of State Bank Supervisors (CSBS) announced that as of December 3, state regulators have approved roughly 337,000 requests for license renewals in the Nationwide Multistate Licensing System (NMLS) for 2018. This represents a nine percent increase, or more than 77,000 approvals, compared to the same time last year.

Hanley Investment Group Real Estate Advisors, a nationally-recognized boutique real estate brokerage and advisory firm specializing in the sale of retail properties, announced today that the group raised over $30,000 during its annual Movember campaign. This marks Hanley Investment Group’s seventh year in a row joining the global movement to raise awareness and critical funds for men’s health, by growing a mustache in November. Hanley Investment Group has raised more than $187,000 for the Movember Foundation since 2011.

There will be absolutely no change in the funding to support our homeless programs. We will not be shifting any homeless program money to the Choice program. The President has increased VA homeless program funding by $66 million in his fiscal year 2018 budget

The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Despite rising construction labor and materials costs, 55 percent of contractors expect their profit margins to expand in the first half of 2018.

An estimated $4.2 million boost is coming to the Washington, DC economy when more than 2,000 community-development professionals from around the country convene in the city for the NeighborWorks Training Institute Dec. 11-15.

The Housing and Insurance Subcommittee held a hearing today to continue assessing views and perspectives on comprehensive housing finance reform. “Today was an important step towards reforming our housing finance system, credit enhancement, and credit risk transfers,” said Subcommittee Chairman Sean Duffy (R-WI).

Global real estate investment and services firm Kennedy Wilson has been named the official broker of record for retail at The Culver Steps, a transformative mixed-use development adjacent to The Culver Studios and Culver Hotel in Downtown Culver City.

Wilson, a global real estate investment and services firm, announced today that it has represented the landlord in one of the largest restaurant leases in Downtown Los Angeles this year, bringing the ground-floor retail space at mixed-use development 1000 Grand by Windsor to 100 percent occupancy.

How to Find Your Dream Home in an Overheated Property Market We all have an idea of what our dream home should look like. For some, it is a log cabin out on a secluded lake, with only the local wildlife for company. For others, it is a period mansion with acres of land and a long, sweeping driveway.