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This week the holiday season kicks into high gear, and most buy-side players have closed their books for the year. Not surprisingly, new issuance has slowed to a trickle for [...]

Prudential Mortgage Capital and New York-based Red Stone Partners LLC have formed a partnership to provide developers nationwide with tax-exempt financing. The alliance will provide products that will finance '80/20' [...]

Gov. Gramlich recently spoke at a meeting on rental housing hosted by the MacArthur Foundation in Washington. Excerpts of his remarks are presented as our Open Forum. When Americans think [...]

An increasing proportion of the demand for Liberty Bonds is coming from those interested in building housing, said Frances Walton, the chief financial officer of the Empire State Development Corp. [...]

Now that the economy is finally alive and well, the chief economist of the National Association of Realtors sees no reason why housing sales won't remain at high levels for [...]

New York City Mayor Michael R. Bloomberg this year unveiled his plan to boost the city's investment in affordable housing to $3 billion over five years from an earlier $2 [...]

The Delaware State Housing Authority plans to sell $33 million in senior single-family mortgage revenue bonds by Dec. 4. The negotiated sale will current-refund $32.63 million in 12 series issued [...]

Moody's Investors Service last week affirmed a negative outlook and a Baa3 rating on $18.6 million of the Collegiate Housing Foundation's student housing revenue bonds issued through the Maryland Economic [...]

Amid a federal investigation into Philadelphia's municipal bond dealings, the city treasurer confirmed again yesterday that prominent attorney Ronald A. White -- reportedly at the center of the probe -- [...]

Loan files for single-family mortgages insured by the Federal Housing Administration will be a page or two lighter under a new directive eliminating paper mortgage insurance certificates. Effective Nov. 20, [...]

The Office of Federal Housing Enterprise Oversight has issued subpoenas to a handful of former Freddie Mac officials who are not cooperating with the agency's investigation into the company's accounting [...]

The so-called 'conforming loan limit' won't be raised until Jan. 1, but some lenders have already pulled the trigger. For example, the Miami-based Homebuilders Financial Network, which operates mortgage companies [...]

Merrill Lynch & Co. has hired veteran Chicago-based public finance banker Phillip Rooney away from Bear, Stearns & Co. in a bid to resurrect the firm's dormant general municipal effort [...]

The Securities and Exchange Commission is investigating the politically influential broker-dealer Commerce Capital Markets about its bond business in Pennsylvania. Officials in the office of Pennsylvania Treasurer Barbara Hafer disclosed [...]

Existing home sales rose 3.6% in September to a seasonally adjusted annual rate of 6.69 million units, the National Association of Realtors announced yesterday. The September sales rate was the [...]

The Louisiana Housing Finance Agency will sell approximately $65 million of revenue bonds on Wednesday, marking the agency's second foray into the market since September. In September, the LHFA sold [...]

The Senate Banking, Housing, and Urban Affairs Committee easily approved two measures yesterday that could help increase the nationwide supply of affordable housing and have an impact on housing bond [...]

Sen. Jon S. Corzine, D-N.J., plans to try to convince the Senate Banking, Housing, and Urban Affairs Committee today to attach his proposal to raise Federal Housing Administration multifamily mortgage [...]

Commissioners in Cleveland County plan to issue $60 million of revenue bonds to build a new kind of apartment complex for the University of Oklahoma, the first time the school [...]

More state housing finance agencies are issuing increasing quantities of variable-rate debt and municipal interest rate swaps in an effort to minimize their borrowing costs, according to a new report [...]

The Maryland Community Development Administration has increased the amount of a planned residential revenue bond sale to $276 million from $80 million by adding two refunding issues. The CDA, which [...]

Given that Mel Martinez, secretary of the Department of Housing and Urban Development, has been associated with what - for some - has been a controversial proposal to reform the [...]

The Alaska Housing Finance Corp. will bring $150 million of variable-rate general obligation bonds to market in a negotiated refunding this month. The deal will convert fixed-rate debt to variable-rate, [...]

The House yesterday easily approved legislation that eventually could help increase the supply of affordable rental housing and spur the issuance of multifamily housing bonds. The approval of the proposed [...]

Moody's Investors Service has affirmed the Aaa rating it assigns the South Carolina State Housing Finance & Development Authority. The agency announced last week that that it is making available [...]

The Delaware State Housing Authority plans to sell $60 million in senior single-family mortgage revenue bonds today. The issue will be a private placement with Fannie Mae, and the proceeds [...]

Fannie Mae's American Dream Commitment for the Bay Area, a $35 billion affordable housing investment initiative, will help provide up to 200,000 families or individuals with homeownership and rental opportunities [...]

The Louisiana State Bond Commission yesterday approved more than $430 million of debt requests for various state agencies and municipalities, more than half of which was for refundings. The largest [...]

Freddie Mac made some enhancements to its low downpayment products late last week, including its 3% down products and its 100% loan-to-value products. The changes came amid speculation in the [...]

Workers earning the federal minimum wage must work the equivalent of nearly three full-time jobs to afford the typical two-bedroom apartment, according to new research released yesterday in Washington. At [...]

Fannie Mae has received regulatory approval to purchase acquisition, development and construction loans on a 'permanent' basis, a move that could create a vibrant secondary market and help local builders. [...]

Treasury Secretary John W. Snow told a House committee this morning that Congress should create a new federal agency specifically to regulate housing- related government sponsored enterprises (GSE). The recommendation [...]

Prudential Real Estate Investors here has formed a joint venture with Corporacion Geo S.A. de C.V. to develop residential properties in Mexico. The JV will target major development corridors in [...]

The Senate Appropriations Committee yesterday easily approved a $36.1 billion spending package for the U.S. Department of Housing and Urban Development that includes full funding to renew expiring tenant-based Section [...]

Orleans Homebuilders reported income 42.8% higher for the nine months ending for the nine months ending March 31, 2003 than for the nine monthe ended March 31, 2002, the company [...]