Builder trade groups in the United States and Mexico have announced the formation of an alliance.The agreement between the National Association of Home Builders in the United States and Mexico's Camara Nacional de la Industria de Desarrollo y Promocion de Vivienda is "the latest positive offshoot of the historic Partnership for Prosperity alliance established by U.S. President George W. Bush and Mexico President Vicente Fox in February of 2001, and it establishes a powerful precedent for international cooperation," said NAHB president Bobby Rayburn. The alliance aims to create more accessible trade channels and exchange technology and skills aimed at improving the quality, affordability, and efficiency of building on both sides of the border.
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A section of Trump's executive order on mortgage credit called for eliminating requirements for loan officer registration, a process industry experts say has never been considered a burden.
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A federal appeals court ruled mortgages in REMIC trusts may qualify as ERISA plan assets, reviving fiduciary duty claims against Onity in a case brought by a union pension fund.
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Fannie Mae and Freddie Mac's portfolios were collectively $10 billion larger than in January, spurred in part by their mortgage-backed securities directive.
March 28 -
Two former members of the Federal Open Market Committee said in interviews that they expect the Federal Reserve to keep rates steady amid uncertainty over the ongoing war with Iran and the resulting upward pressure on inflation.
March 27 -
Employers who use Nayya's agentic AI platform can provide Foyer, a dedicated 401(k) for homeownership, as a benefit that helps its employees buy a home.
March 27 -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
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