The U.S. Department of Housing and Urban Development (HUD) today announced that it will provide approximately $2.8 billion in competitive funding to homeless services organizations across the country for supportive services and housing programs for people experiencing homelessness. The funding ...
Read More »Financial Services Committee Passes Bills to Protect Consumers
Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed eight bills to strengthen oversight of our nation’s affordable housing and address the housing and homeless crises, put consumers in the driver’s seat to shape their financial futures ...
Read More »Homes in West Virginia Most At-Risk of 100-Year Storm
While properties in Louisiana are most at-risk of flooding, an analysis of FEMA and Value Penguin data concluded that West Virginia had the highest percentage of homes that would be impacted in a 100-year storm.
Read More »House Passes Act to Expand Wildfire Insurance Coverage
House passage of new measure includes legislation to study the impact of wildfires, and explore more ways to protect homeowners.
Read More »Fannie Mae Recognized for Disability Inclusion
For the third consecutive year, the GSE earns the top score in establishing an environment where employees with disabilities have the opportunity to thrive.
Read More »Case Spotlights Potential Exploitation of Bankruptcy Process
A recent decision by a Kentucky Bankruptcy Court dismissed a debtor’s Chapter 13 case after several attempts to take advantage of the bankruptcy process.
Read More »Fewer Homeowners Repairing, Maintaining Homes
A new report found that many lower-income homeowners who make repairs rely on government assistance repair programs for emergency, structural, plumbing, electrical, mechanical, and replacement needs.
Read More »CFPB and DOJ Reach Agreement With Trident Mortgage Over ECOA Violations
Settlement with mortgage lender for $22 million-plus marks the first redlining settlement that the CFPB and DOJ has reached with a non-bank entity.
Read More »HUD Makes New Effort Pushing Energy-Savings Upgrades
As energy prices climb, much like everything else recently, the Biden Administration announced through the Department of Housing and Urban Development (HUD) that new measures are being put in place to help families served by HUD go green and install solar ...
Read More »Fed Increases Interest Rate by 75 Basis Points
On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points to a rate of 0-0.25%. But now, in light of ...
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