Gramm stresses need to define "predatory lending": Report reinforces NAMB positions on key issues

National Mortgage Professional

Feb 06, 2005

Jack Kemp at western regional mortgage brokers conferencemortgagepress.comJack Kemp, 1999 Western Regional Mortgage Brokers Conference, guest speaker Speaking at the Western Regional Mortgage Brokers Conference will be former U.S. Republican 1996 Vice Presidential nominee Jack Kemp. Mr. Kemp currently serves as the National Chair of the More Than Houses: Rebuilding Our Communities Campaign for Habitat for Humanity International. He is also Co-Chair of Empower America, a public policy and advocacy organization. Mr. Kemp's impressive resume also includes: four years as HUD Secretary, former Chairman of the National Commission on National Growth and Tax Reform, Chairman of the House Republican Conference, Representative for the Western New York area for 18 years in the U.S. House of Representatives, and 13 years in the National Football League as quarterback with both the San Diego Chargers and Buffalo Bills. Don't forget to stop by the Mandalay Bay Resort and Casino on Monday, November 8 at 10:45 a.m. to hear and see the man, the politician, the quarterback, the speaker ... Jack Kemp.

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Feb 06, 2005

Analysis and Data

Construction Spending Dips 0.1% In May, 1st Decline In 8 Months

Overall residential construction, however, ticked up 0.2% in May from April, and was 18.7% above the estimate for May 2021.

Construction spending in May slipped 0.1% from a month earlier, the first decline since September 2021. According to data released Friday by the Commerce Department, construction spending was estimated at a seasonally adjusted annual rate of $1.78 trillion, down from the re...

Analysis and Data

Power Shifting To Buyers As Asking Prices Fall

Redfin says a record-high share of home sellers dropped their prices after this month’s historic mortgage-rate hike.

With mortgage rates continuing to rise, home sellers are reducing their asking prices, as they face the mounting pressure of falling home affordability, according to a new report from Redfin. The technology-powered real estate brokerage says the median asking price of newly...