Items Tagged with 'New Hampshire'

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  • Five States Swap Tax Credits for Treasury Stimulus

    The US Treasury is setting up nearly $135m in Recovery Act funds for Iowa, Maine, New Hampshire, Rhode Island and Washington. The money is meant to go towards creating jobs in the states and developing a more affordable housing market for residents. The states, in turn, will swap tax credits for the aid. Iowa has been granted $72m; Rhode island, $36m; Washington, $11m; New Hampshire, $10m and Maine, $4m.
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  • Average Rental Rates Increase in Northeast: Report

    Average rental rates in multifamily properties throughout the Northeast rose modestly in the face of a troubled residential housing market, according to a survey released Friday by Sunrise Management & Consulting. The Fall 2008 Sunrise Multifamily Rental Market Report showed rate increases in most of New York and in all of Massachusetts, New Hampshire, Maine and Vermont. According to the report, the Rhode Island and western Connecticut markets reversed earlier flat growth with rental rate increases.
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  • Number of Troubled Borrowers On Rise, TransUnion Says

    The percentage of borrowers 60 or more days behind on their mortgage increased for the sixth straight quarter, hitting a national average high of 3.53 percent in Q2, TransUnion said on Monday. That's up more than nine percent from the previous quarter's reading of 3.23 percent average, and up approximately 51 percent from the same period last year, according to the credit bureau.
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  • National Mortgage Licensing System Expands to 14 States

    A national registry designed to centralize information on and licensing for mortgage brokers and lenders has expanded to 14 states, according to the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators, who first introduced the registry in January. On Monday, CSBS officials said that six more states -- Connecticut, Louisiana. Mississippi, North Carolina, New Hampshire and Vermont -- will begin using the Nationwide Mortgage Licensing System beginning July 1.
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  • New Hampshire Mortgage Bankers and Brokers Join NAMB

    The Board of Governors for the Mortgage Bankers and Brokers Association of New Hampshire this week unanimously voted to join the National Association of Mortgage Brokers (NAMB). The New Hampshire state association, which has long been a member of the Mortgage Bankers Association (MBA), said that its small business members needed the added support that NAMB offers through its education and legislative programs.
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