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Tag Archives: Congress

How a Government Shutdown Could Impact the Industry

A partial shutdown of government operations would result in the closing of some federal housing, mortgage, and other programs of interest to the housing industry if Congress is unable to agree on the provisions of a Continuing Resolution to fund the federal government by September 30.

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Law Firm Accuses CFPB of Unlawful Funding

According to a lawsuit filed by the New Civil Liberties Alliance, Congress unlawfully divested its legislative appropriations power when it gave CFPB the ability to draw funding directly from the Federal Reserve

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Fighting Foreclosures on the Hill

In an effort to combat foreclosures for borrowers with Federal Housing Administration (FHA) mortgages, Congresswoman Maxine Waters introduced the FHA Foreclosure Prevention Act of 2019. Here's what is in the bill.

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