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2013 home sales best since 2006
2013 home sales best since 2006 In Michigan, sales were up 1.5 percent to $126,977, according to the Michigan Association of Realtors. The average sales price rose 12.8 percent to $124,716. The state Lawrence Yun, chief economist for the National Association of Realtors, expects

Roy Sexton's REEL ROY REVIEWS to be Released 2/28
from the University of Michigan. He is a graduate of Leadership Detroit, is a governor-appointed member of the Michigan Council of Labor and Economic Growth and was appointed to the Michigan Mortgage Lenders Association Board of Governors in 2012.

State Updates; Storm May Lead to a Quiet Market; Hiring of and...
For more information on Michigan's consumer protection laws check out its FAQ. Massachusetts is now requiring state-licensed brokers and The Community Home Lenders Association (CHLA) recently marked its one year anniversary. CHLA is composed of

Foreclosure Activity Showing Significant Declines in November
Delinquency data is extrapolated from data received by the Mortgage Bankers Association (MBA) for the third quarter of 2013. "As we approach the seven million mark for completed loan modifications, we remain convinced that the collaborative efforts of

Protesting Mortgage Bankers Association Meeting, October 10th, 2011, Hyatt Regency Chicago

More information at and SOUL is a member organization of National People's Action (http The Hyatt ...

GOP-run House votes to roll back post-2008 financial rules - Northern Michigan's News Leader

Associated Press

WASHINGTON (AP) - The Republican-led House approved sweeping legislation Thursday to undo much of former President Barack Obama's landmark banking law created after the 2008 economic crisis that caused millions of Americans to lose their jobs and homes.

The largely party-line vote was 233-186, as Republicans argued the rules designed to prevent another meltdown were making it harder for community banks to lend and hampered the economy. No Democratic lawmakers supported the measure; only one Republican opposed it.

"Our community banks are in trouble," said Speaker Paul Ryan, R-Wis. "They are being crushed by the costly rules imposed on them by the Dodd-Frank Act. This law may have had good intentions but its consequences have been dire for Main Street."

House passage was widely expected, but the Republican overhaul of the 2010 Dodd-Frank law is unlikely to clear the Senate in its current form. Senators have said they'll spend the next few months trying to find common ground on legislation designed to boost the economy. Potential areas for compromise include changes to how much capital banks must maintain and decreasing the paperwork burden for small lenders.

Michigan company leases midstate warehouse space, plans to hire more than 200 employees

A Michigan company plans to employ hundreds of people in the Middletown area.

Syncreon , a contract logistics company has leased space in a new warehouse at 140 Fulling Mill Road in Lower Swatara Township. Syncreon has leased the entire 249,000-square-foot warehouse for five years and plans to move in to the building next month. 

The building is owned by Clarion Partners and Baltimore-based MRP Industrial. The partnership purchased the property on July 10, 2014, according to Dauphin County property records. Construction began on the property  that year and was completed in 2015. Syncreon is the building's first tenant.

The property is located across the street from FedEx Ground. Back in 2014 MRP Industrial said that the company chose to build a warehouse at the Fulling Mill Road location partly due to its proximity to the FedEx Ground operation which is also on Fulling Mill Road.

The warehouse includes 32-foot-clear ceiling heights, 42 loading doors with expandable parking for up to 300 cars as well as additional trailer parking.