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Donald Trump names JPMorgan, Blackstone CEOs to advisory board

Forum comprised of 16 CEOs
President-elect Donald Trump’s latest selection of leaders involves a new idea: the President’s Strategic and Policy Forum. The group is comprised of 16 CEO, which includes Stephen Schwarzman, chairman, CEO, and Co-Founder of Blackstone, and Jamie Dimon, chairman and CEO of JPMorgan Chase.
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PrimeLending begins offering closing cost assistance nationwide

Program available for low- and moderate-income homebuyers
PrimeLending, a PlainsCapital company, will soon begin offering closing cost assistance for low- and moderate-income homebuyers nationwide. Under the program, qualified borrowers could be eligible to receive up to $1,500 or $2,000 in closing cost assistance, dependent on their income and the location of the property they want to buy.
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Texas homebuyers diversify in 2016

Women, first time buyers move into market
Texas saw outstanding growth in home sales during 2016 in several areas including condo sales and new home sales. Not only there more homebuyers in the market, but they are also a more diverse group than in previous years. International homebuyers, women and first-time homebuyers are all making their mark in Texas real estate.
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[Video] What Donald Trump means for housing from UWM's CEO

"The uncertainty of the election is behind us"
Nearly one month since Donald Trump became President-elect and the industry has already witnessed several significant changes. Weighing in on the discussion from an industry executive standpoint, Mat Ishbia, president and CEO of UWM, included in his December 3 Points video his thoughts on what Trump means for the mortgage industry.
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[Video] Here’s one way housing and healthcare go together

Former representative Rick Lazio explains
Housing and healthcare, to some peoples’ surprise, are closely related. Recent talks surrounding President-elect Donald Trump selecting Ben Carson, a former GOP presidential candidate and retired neurosurgeon, as Secretary of Housing and Urban Development helped bring this association back to the forefront of housing conversations. Former representative Rick Lazio explains in a video interview.
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HUD bans smoking in subsidized housing

Castro explains the motivation behind the new rule
The Department of Housing and Urban Development announced a new ban on smoking in all public housing. Here are some of the reasons behind this new ban that will take effect in 2018. Do you think smoking should be banned in subsidized housing? Let us know!
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Blackstone reportedly files to take Invitation Homes public

WSJ reports IPO could raise $1.5 billion
Blackstone Group is apparently moving forward in its plans to take its single-family rental unit, Invitation Homes, public in 2017. The Wall Street Journal is reporting that Blackstone is taking the next step in the process, reportedly filing confidentially for an IPO that could come “as soon as January.”
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