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Daily Dose

Three-Judge Panel Validates CPFB’s Independent Funding

The Bureau’s independent funding through the Federal Reserve was ruled to be lawful by a panel of judges in the Second Circuit Court of Appeals. After rulings by two different circuit courts, the case is expected to be heard by the Supreme Court in October.

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HUD Awards Over $54M to Combat Housing Discrimination

The U.S. Department of Housing and Urban Development has awarded $54 million to 182 fair housing organizations across the country under its Fair Housing Initiatives Program, with some grants empowering organizations to test for appraisal bias and educate local communities.

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Rental Affordability Worsened Year-Over-Year

As many Americans continue to struggle with housing costs, new report from Realtor.com revealed Miami, Los Angeles, and New York are the least affordable metros where people spend more than 30% of their salary on rent.

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Fed Raises Rates by a Quarter Point

The ninth consecutive interest rate increase signaled that the Fed is barreling forward, combating ongoing inflation amid an unstable market and economic turmoil in the aftermath of the failures of SVB and Signature Bank.

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Risky Fire Practices Decreasing Nationwide

The Hartford Home Fire Index, published by The Hartford, a property and casualty insurance provider, has released its third index tracking the probability of home fires in the top 150 metropolitan areas.

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