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Streamlining Banking Processes

The House passed two bipartisan bills that are aimed at increasing accountability for both, banks and nonbanks.

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HUD & DOJ Partner Against Sexual Harassment in Housing

The Department of Housing and Urban Development on Thursday announced a new series of initiatives designed to crack down on sexual harassment across the housing landscape, working in partnership with the Department of Justice (DOJ). This new push will encompass ...

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Mulvaney: ‘The Bureau Is Not Designed to be Accountable’

During his testimony before the Financial Services Committee, Mick Mulvaney, CFPB’s Acting Director spoke on the bureau’s strategic priorities and a “New Approach” towards bringing more responsibility and accountability to the consumer watchdog.

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HUD Awards $28 Billion for Disaster Recovery

Natural disasters caused a record $306 billion in damages to the United States in 2017, according to the National Oceanic and Atmospheric Administration. With the next hurricane season fast approaching, the United States Department of Housing and Urban Development on ...

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Housing Center at AEI Hires Co-Director

Dr. Lynn Fisher has joined the American Enterprise Institute as the Co-Director of the Housing Center, focusing on housing markets, including affordable housing, home building, mortgages, and housing finance.

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Houston Updates Building Codes in Floodplain

According to the National Hurricane Center, Hurricane Harvey caused $125 billion in damage during its rampage in August 2017. The storm killed damaged 203,000 homes and destroyed 12,700. Eight months after the storm, the recovery continues—and that recovery is about ...

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John C. Williams Named President of New York Fed

The Federal Reserve Bank of New York announced that John C. Williams has been named President and CEO. His appointment by the eligible members of the New York Fed’s Board of Directors was approved by the Board of Governors of the ...

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Christopher Herbert Elected to Freddie Mac Board of Directors

Freddie Mac announced that Christopher E. Herbert was elected as a director on the company’s board of directors. Herbert, 57, has extensive experience relating to housing policy and urban development. “We are very pleased that Chris is joining the Freddie ...

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HUD Secretary Ben Carson Reflects on Fair Housing Act

In April of 1968, President Lyndon B. Johnson signed into law the Civil Rights Act of 1968, also known as the Fair Housing Act. This important legislation codified equal housing opportunities for all, regardless of race, religion, or national origin. ...

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Houston Still Has Unspent Relief Funds from Hurricane Ike

Houston has recovered remarkably well from last year’s hurricane season. After an initial spike in delinquencies in the months following the storm, the Texas Association of Realtors recently reported that home sales volume and home prices in the Lone Star ...

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