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MBA Advocacy Update: Apr. 19, 2021
On Thursday, the House Financial Services Committee held hearings on the LIBOR transition and laying the groundwork for parts of President Biden’s $2 trillion infrastructure proposal. MBA also issued a MAA Call to Action last week in response to the implementation of the product caps placed on Fannie Mae and Freddie Mac by the Senior Preferred Stock Purchase Agreements.
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March Housing Starts Post at Highest Rate in 15 Years
Housing starts recovered from a sluggish February to its highest rate since 2006 in March, HUD and the Census Bureau reported Friday.
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10 Companies Now MISMO RON-Certified
MISMO®, the real estate finance industry's standards organization, today announced that 10 companies have successfully completed MISMO RON certification. Black Knight and Stavvy join eight previously certified companies.
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MBA Chart of the Week: New Home Sales, Single-Family Housing Starts
This week’s MBA Chart of the Week focuses on newly built homes, as measured by new home sales and single-family housing starts.
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Initial Claims Fall by Nearly 200,000
Initial claims for unemployment insurance fell sharply last week to its lowest level since March 2020, the Labor Department reported yesterday.