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Since January, the Pentagon has been expediting sales of Hellfire air-to-ground missiles, anti-tank rounds, small arms and ammunition, under the Foreign Military Sales program.
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Expedited sales as a result of the new directive will benefit the entire housing market, said Michael McHugh, the president and chief executive of Continental Home Loans and the president of the Empire State Mortgage Bankers Association, a trade group.
Expediting the sales, Faily said, "would help in the short and medium term".
Industry officials counter that expediting home sales helps to stabilize home values now, which is essential for sustaining economic growth.
The administrator, Duff & Phelps, released two statements, the first stating that it is "expediting the sale process" and will be "holding discussions with prospective purchasers over the next few days.
The Democrats then crushed an effort by Mitch McConnell, the Republican leader, to match two outrageous measures passed by the House that would expedite lease sales in protected coastal waters while undermining safety reforms adopted after the oil spill in the Gulf of Mexico.
To expedite the sales process, cash-back incentives are usually applied directly to the purchase price.
Washington has expedited arms sales to the Kingdom since July's Iranian nuclear deal, which Saudi Arabia and other Sunni Gulf countries opposed.
The U.S. has expedited weapons sales to Saudi Arabia since the airstrikes began, and the U.K. says it has sent "precision-guided weapons" to the Saudi army.
Mr. Maliki has urged Congress to expedite the sale of many of the weapons, include the Apaches.
But it would be a procedural move designed to expedite the sale, not an expression of financial peril.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com