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December 2, 2011
NLBMDA applauds restoration of higher FHA loan limits

The National Lumber and Building Material Dealers Association (NLBMDA) applauded Congress for reinstating the higher conforming loan limits for the Federal Housing Administration (FHA) through 2013, helping reduce uncertainty for an already fragile housing market. 

By increasing the loan limits guaranteed by FHA to $729,750, Congress has taken a step to stabilize home values while enabling creditworthy consumers to get home loans with the best mortgage rates, lowest fees and better down payment requirements, the NLBMDA said.

August 31, 2011
D.C. Hotline: Meet the 
NLBMDA’s newest lobbyist

Ben Gann took over his role as the National Lumber & Building Material Dealers Association (NLBMDA) director of legislative affairs and grassroots activities last month. Here’s his first HCN Q&A:

HCN: What are the key issues you’re pushing right now?

February 26, 2011
Great Southern aligns with U.S. Lumber

Abbeville, Ala.-based Great Southern Wood Preserving formed an alliance with specialty building materials distributor U.S. Lumber Group.

Under the new alliance, an affiliate of Great Southern will become a minority investor in U.S. Lumber and customers of both companies will leverage the benefits of increased volume purchasing and sharing of "best practices." No jobs will be adversely affected, nor are management changes anticipated, the companies announced. 

November 28, 2010
Floor & Decor acquired by private equity firms

Floor and Decor Outlets of America, a chain of floor covering retail outlets, has signed...

August 31, 2010
Summit Materials makes two acquisitions

Summit Materials, a building materials company formed by the former CEO of Oldcastle, has announced...

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