(Source: Committee on Financial Services) – House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following floor remarks on H.R. 3193, the Consumer Financial Freedom and Washington Accountability Act:
(Source: NeighborWorks America) – A $10 million boost is coming to the Los Angeles economy when more than 2,000 community development professionals from around the country convene in the city for the NeighborWorks Training Institute (NTI) Feb. 24-28. The conference is hosted by NeighborWorks America, a national, Congressionally chartered nonprofit that creates opportunities for people […]
(Source: Committee on Financial Services) – We welcome Chair Yellen for her first of many Semi-Annual Humphrey-Hawkins appearances before our Committee.
(Source: Fannie Mae) – Recent data show that the economy and housing market continue to transition to more normal levels of activity and are poised to gather further momentum heading into 2014, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group. In particular, as uncertainty surrounding fiscal and monetary policy wanes, consumer spending and […]
(Source: Florida Realtors) – Florida’s residential real estate market will continue its upward trend into 2013, though the pace of recovery may be slower than the U.S. as a whole, according to leading U.S. economists speaking at Florida Realtors® 2013 Real Estate and Economic Forecast Conference Dec. 12 in Orlando.
(Source: FEMA) – The Federal Emergency Management Agency (FEMA) has awarded more than $2.47 million to the state of Texas for construction of a community safe room in the city of Brownsville in Cameron County, Texas.
(Source: Memphis Area Association of REALTORS) — Memphis-area home sales for November increased 8.5 percent from a year ago, with 1,180 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales decreased 13.9 percent from October. Average sales price year-over-year was up 6.2 percent at $128,339. Inventory declined 4.4 […]
(Source: NMHC) – The cost to insure apartments increased by 9.5 percent between 2011 and 2012, marking the second consecutive year of rising insurance expenditures according to the National Multi Housing Council’s (NMHC) Apartment Cost of Risk Survey (ACORS). The survey covers data from more than one million apartment units, the largest number of units […]
(Source: FEMA) – The Federal Emergency Management Agency (FEMA) has awarded $1.8 million to the state of Texas for construction of a community safe room in the city of Bay City in Matagorda County, Texas.
(Source: FEMA) – Hurricane Sandy survivors have until 6 p.m. Friday, Dec. 14, to visit the Disaster Recovery Center at Meadowmere Park in Nassau County.
(Source: MBA) – Mortgage applications increased 6.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 7, 2012.
(Source: MBA) – The level of commercial/multifamily mortgage debt outstanding increased by $6.6 billion, or 0.3 percent, in the third quarter of 2012, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA).
(Source: Senator Patty Murray) – U.S. Senator Patty Murray, Chairman of the Senate Veterans’ Affairs Committee and the Senate Appropriations Subcommittee on Transportation, Housing, and Urban Development (THUD), made the following statement after the U.S. Department of Housing and Urban Development, in conjunction with the U.S. Department of Veterans Affairs, released the 2012 Annual Homelessness […]
(Source: FEMA) – Certain private nonprofit organizations that experienced damage from Hurricane Sandy may qualify for reimbursement of certain costs under the Federal Emergency Management Agency’s Public Assistance program.
(Source: FEMA) – Seniors who suffered losses when hurricane Sandy pummeled New Jersey don’t have to worry about being hit a second time if they receive disaster funds. FEMA disaster assistance is not counted as income, is not taxed, and has no effect on Social Security or other government benefits.
(Source: HUD) – On a single night last January, 633,782 people were homeless in the United States, largely unchanged from the year before. In releasing HUD’s latest national estimate of homelessness, U.S. Housing and Urban Development Secretary Shaun Donovan cited as hopeful that even during a historic housing and economic downturn, local communities are reporting […]
(Source: Freddie Mac) – Freddie Mac released today its U.S. Economic and Housing Market Outlook for December showing what some of the market features are expected to look like in 2013.
(Source: FEMA) – The State of New York and the Federal Emergency Management Agency have new Disaster Recovery Centers in Kings and Nassau counties to assist Hurricane Sandy survivors.
(Source: Bank of America) – Bank of America today committed $20 million in new funding for 13 Community Development Financial Institutions (CDFIs) to provide financing for small businesses and residents affected by Hurricane Sandy. CDFIs are private sector financial institutions that finance affordable housing, small businesses, community facilities, and economic revitalization programs.
(Source: Iowa Finance Authority ) – The Iowa Finance Authority Board of Directors recently approved a total of more than $5.4 million in grants to 25 Local Housing Trust Funds to move local affordable housing projects forward. The grants will aid in the development and preservation of nearly 2,000 affordable housing units throughout the state.