Breaking News: President Obama To Announce Decrease In FHA Premiums
In an effort to make home buying more accessible for first-timers, President Barack Obama has set out to decrease the Federal Housing Administration (FHA) mortgage-insurance premiums. The annual fees the FHA charges will be dropped by o.5 percentage points, according to two people with knowledge of Obama’s plans.
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Congresswoman Waters at the Inaugural Conference
Long Beach – Earlier this week, Congresswoman Maxine Waters provided the keynote address at the NAWRB Inaugural Conference regarding Dodd-Frank Section 342 and the role of the Office of Minority and Women Inclusion (OMWI).
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National Women's Business Council Announces New Members The National Women’s Business Council (NWBC) has announced Teresa Nelson and Marsha Bailey as new additions to the Council. Both women bring a wealth of knowledge and experience to the advisory council.
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FDIC Appoints New Director for OMWI
The Federal Deposit Insurance Corporation (FDIC) appointed Segundo Pereira as the new Director and Officer of the Corporation for the Office of Minority and Women Inclusion. Pereira will replace Andrew Gray, who accepted a job at JPMorgan Chase.
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Julian Castro Gains Senate Committee Support for Housing Secretary
San Antonio Mayor Julian Castro was approved by the U.S. Senate Banking Committee today as head of the Department of Housing and Urban Development (HUD). Castro was previously nominated for the position by President Obama earlier this year.
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Maria Contreras-Sweet Highlights New SBA AgendaMaria Contreras-Sweet—SBA Administrator—spoke last week at the Center for American Progress in Washington D.C. regarding entrepreneurial equality. She highlighted the growing number of women and minority entrepreneurs in the United States while explaining new initiatives on behalf of the SBA.
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Homeownership: The American DreamThe American Dream of homeownership is still very much so alive, as according to a recent Gallup poll, alongside the already 56 percent of Americans that own a home, another 25 percent have the plan to do so in the next 10 years.
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VRM Wins VA Contract
Today HousingWire broke the story on Vendor Resource Management's successful bid on the Veteran Affair's (VA) mortgage servicing contract. The contract, valued at nearly $179 million, includes the servicing of VA mortgages from origination through REO management on north of $1 billion in assets, according to the story.
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Holleman Joins REOMAC Legislative Committee
NAWRB Executive Director Cade Holleman joins REOMAC's legislative committee. The REOMAC legislative committee is headed by Donna LaPorte and includes a mix of REOMAC regular members, affiliate members, and Directors. Holleman works with NAWRB's Government Relations Chair Melva Wagner in developing and implementing the women's trade group's advocacy and policy agenda. Holleman plans to actively support REOMAC's unique legislative agenda and contribute to the non-profit trade association's policy goals in Washington, D.C.
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Call4All April 6: Policy Brief
Join NAWRB President Desiree Patno, Government Relations Chair Melva Wagner, Executive Director Cade Holleman, and WIPP President Barbara Kasoff on Friday, April 6 at 11:00am PST / 2:00pm EST. The briefing will be on NAWRB's recent hill visits and WIPP's #TalkToUs2012 campaign. Learn about legislation impacting opportunities for women-owned businesses and strategize with leaders on how to build relationships in the Nation's capitol.
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