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NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

by Phil Hall | Nov 8, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) has called out the U.S. Department of Energy (DOE) for creating regulations that have negatively impacted efforts to address the production of affordable housing. In testimony delivered today before the U.S. House...
NAR Debuts Flood Disclosure Tracker

NAR Debuts Flood Disclosure Tracker

by Phil Hall | Nov 8, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has launched a state flood disclosure tracker, which the trade group promoted as helping to “educate the public and Congress as it considers the Federal Emergency Management Administration’s (FEMA) legislative proposals to...
NAR Names Media Executive Nykia Wright as Interim CEO

NAR Names Media Executive Nykia Wright as Interim CEO

by Phil Hall | Nov 2, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has reached outside of the real estate industry for its leadership by recruiting Nykia Wright as its interim CEO, effective Nov. 20. Wright was formerly CEO of the Chicago Sun-Times and is co-founder of SonicMessenger, a...
FHA Proposes Policy Updates to HECM Program

FHA Proposes Policy Updates to HECM Program

by Phil Hall | Nov 2, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Administration (FHA) is seeking feedback on proposed policy updates to its Home Equity Conversion Mortgage (HECM) program. According to an announcement issued by the U.S. Department of Housing and Urban Development (HUD), the proposed updates are...
Accurate Group Acquires Voxtur Appraisal Services

Accurate Group Acquires Voxtur Appraisal Services

by Phil Hall | Nov 1, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Accurate Group, a Cleveland-headquartered provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, has acquired Voxtur Appraisal Services LLC, an appraisal management company (AMC) serving real estate finance providers. The...
Federal Reserve Holds Rates Steady

Federal Reserve Holds Rates Steady

by Phil Hall | Nov 1, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve kept its finger on the pause button and opted against a new rate hike. The central bank’s policymaking Federal Open Market Committee unanimously approved this decision. In a statement, the Committee said it would maintain the target range of the...
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