MBA Call to Action on National Flood Insurance Program Reauthorization

Facing a July 31 expiration date for the National Flood Insurance Program, the Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action, urging its members to call their elected officials to vote on a long-term reauthorization.

CREF Highlights

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

Urban Neighborhoods Matching Suburban Growth

A new Urban Land Institute study finds the population of urban neighborhoods in many metropolitan areas is growing as quickly or nearly as quickly as that of suburban neighborhoods, reflecting ongoing consumer demand–particularly among younger households-for “highly walkable” living environments convenient to jobs, transit and urban amenities.

Commercial/Multifamily Briefs

The Dodge Momentum Index, a leading indicator of construction spending, grew 0.8 percent in June to 165.5 (Year 2000=100) from May’s revised 164.2 reading.