Tag: Washington DC
HUD and Census Bureau report residential construction activity in March 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for March...
Tax Day: Hoteliers call for more transparency and oversight in taxing Airbnb
The American Hotel and Lodging Association (AHLA) called on state and local government leaders on National Tax Day, to start taxing Airbnb and other...
Production volume and profits down in 2017 for independent mortgage bankers
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $711 on each loan they originated in 2017, down from...
2018 NMHC 50 demonstrates strong and continued apartment growth
The apartment sector continued its strong economic run last year, reflected in the National Multifamily Housing Council’s (NMHC) newly released 2018 NMHC 50—the authoritative...
HUD joins Justice Department in nationwide initiative to combat sexual harassment in housing
Today, as the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice recognizes the 50th Anniversary of the Fair Housing...
Ginnie Mae MBS outstanding increases to $1.942 trillion
Ginnie Mae today announced that issuance of its mortgage back securities (MBS) totaled $30.31 billion in March. A breakdown of March's issuance includes $28.659 billion...
Mortgage Bankers close record $530 billion in commercial/multifamily originations in 2017
Commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017, according to the Mortgage Bankers Association’s (MBA) 2017 Commercial Real...
The NHP Foundation appoints Glynna Christian trustee Orrick Global Technology Transactions co-head joins organization
The NHP Foundation (NHPF) is pleased to announce that it has appointed Glynna Christian to the NHPF Board of Trustees. As Co-Head of the Global Technology Transactions...
Gender and generational differences drive increased late bill payment and debt collection activity
In celebration of Financial Literacy Month, the National Foundation for Credit Counseling (NFCC) has released its 11th annual Consumer Financial Literacy Survey. This year’s...
NAHB study shows steady gains in construction employment, but levels remain below peak
A new construction employment analysis from the National Association of Home Builders (NAHB) shows that 9.8 million people worked in construction in 2016, and more than...
Millennials leading the growth of new home buyers
As the housing industry celebrates New Homes Month in April, recent data from the Census Bureau confirms that millennials are increasingly entering the housing market as...
HUD commemorates Fair Housing month and 50 years of the Fair Housing Act
Nearly 50 years ago, President Lyndon Johnson signed the Civil Rights Act of 1968 and fair housing became law. In signing the landmark measure,...
Apartment industry statement on the passage of the Omnibus Spending Bill
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on passage of the Omnibus Spending Bill. “The National Multifamily Housing Council and...
February new home sales flat after upward revisions to prior months
Sales of newly built, single-family homes remained virtually unchanged, inching down 0.6 percent in February to a seasonally adjusted annual rate of 618,000 units after upward...
Voxel Worlds developing virtual reality and holograms for real estate developers
Technology company Voxel Worlds has signed a strategic partnership with Kadida Development Group (KDG), a boutique real estate developer based in the DC area. Voxel Worlds will provide...
