Yearly Archives: 2017

“We congratulate HUD Secretary-designate Carson on the Senate Banking Committee’s vote to confirm him. Dr. Carson will bring a fresh perspective to the department, and we look forward to working with him to create a vibrant housing market that helps our nation’s communities and economy thrive

U.S. Senator Mike Crapo (R-Idaho), Chairman of the United States Senate Committee on Banking, Housing and Urban Affairs, released the following statement on the Committee’s approval of Dr. Benjamin Carson, of Michigan, to be Secretary of the U.S. Department of Housing and Urban Development (HUD).

House Committee on Natural Resources Chairman Rob Bishop (R-UT) issued the following statement in reaction to President Trump’s actions related to the Keystone XL and Dakota Access oil pipelines

Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that TIMOTHY W. BURKE, also known as “Bill Burke,” “William Burke,” “Kerry Saunders,” “Pat Riley,” “Jim Caldwell,” “Jim Saunders,” “Tom Morrisey,” “Jimmy,” “Phil Burke,” “Phil,” “Burt,” “James Burke,” and “M. Soler,” 65, formerly of Easton, pleaded guilty today before U.S. District Judge Michael P. Shea in Hartford to fraud and tax evasion offenses stemming from a long-running fraud scheme that targeted distressed homeowners

One of the Obama administration’s final actions was to slash the fee that mortgage borrowers must pay for Federal Housing Administration insurance on eligible loans. One of President Trump’s first actions Jan. 20 was to suspend that move pending further study. Democrats accused him of heartlessly hiking costs for the FHA’s low- and moderate-income clientele by $500 per year on a typical $200,000 loan. “One hour after talking about helping working people and ending the cabal in Washington that hurts people, he signs a regulation that makes it more expensive for new homeowners to buy mortgages,” Senate Minority Leader Charles E. Schumer (D-N.Y.) said

U.S. Sen. Lisa Murkowski, R-Alaska, today released the following statement after President Trump issued a series of executive documents that will prioritize energy infrastructure and streamline regulatory reviews in the United States.

MISMO®, the Mortgage Industry Standards Maintenance Organization has extended the public comment period for the proposed data standard for the exchange of rent roll information on commercial property. The public comment period has been extended through Wednesday, March 15th, 2017.

David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA), released the following statement regarding the Senate Banking Committee's approval of Dr. Ben Carson as Secretary of the Department of Housing and Urban Development

The Solar Energy Industries Association (SEIA), the national trade association of the U.S. solar energy industry, announced today that NEXTracker, a leading single-axis tracker supplier worldwide, has joined SEIA’s board of directors.

The National Low Income Housing Coalition (NLIHC) commends Senate Democrats for recognizing the importance of affordable housing investments in a comprehensive infrastructure package

U.S. Senator Maria Cantwell joined Senate Democrats in unveiling A Blueprint to Rebuild America's Infrastructure and Create 15 Million Jobs, which includes a historic $1 trillion investment that would create more than 15 million jobs over the next 10 years.

On January 24, HUD published interim guidance on how states should comply with the Affirmatively Furthering Fair Housing (AFFH) rule until HUD finalizes the state Assessment of Fair Housing (AFH) Tool. HUD also provided an update on its efforts to finalize the state Assessment Tool and the other assessment tools it is developing for other HUD program participants.

The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze obtained against a businessman in South Carolina accused of siphoning funds he raised from investors for the purpose of purchasing or renovating senior housing facilities

The opioid epidemic in the United States has had a profound and deadly impact. Opioid use disorders are particularly hard on veterans who are homeless or at risk for being homeless, where prevalence of mental health conditions and substance misuse is high and access to health care often problematic.

With the supply of affordable rental housing declining throughout the U.S., NeighborWorks America reported today that its network of local non-profit builders invested more than $2.38 billion into the development and preservation of rental housing. The affordable housing investment was made through construction, rehabilitation, refinance, and purchase of existing apartments, often specifically to support the needs of low- and moderate-income households, seniors, formerly homeless veterans and disabled individuals.