Redfin reports homebuyers are relocating to climate risky areas, despite intensifying natural disasters, as homes with high fire and flood risk sold for a premium during the pandemic.
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 »House Committee Hosts Panel on Closing the Racial Homeownership Gap
The Federal Reserve estimates that home equity reached a record $27.8 trillion by early 2022, however many Americans were denied this opportunity. A recent House Committee examined why these trends threaten to further increase racial wealth and homeownership gaps.
Read More »The Week Ahead: Finding Balance Within Housing Inventory
In a battle for the nation’s limited housing stock, a panel of experts take to Capitol Hill to discuss SFR investment and its impact on the current marketplace.
Read More »CFPB Director Testifies Before House Financial Services Committee
Rohit Chopra outlines recent efforts of the CFPB in Semi-Annual Report, and addresses measures to keep tech at the forefront of the Bureau’s objectives.
Read More »HUD Secretary Testifies on Equitable Housing
The House Financial Services Committee hosted Sec. Marcia L. Fudge to detail the Biden Administration’s goals toward increasing homeownership in America.
Read More »House Committee Addresses Lending Equality
Congressional markup sees up two pieces of legislation drafted to advance racial and gender equity, and provide fairness for LGBTQ+ persons in housing and lending.
Read More »Financial Services Committee Discusses Implementation of CARES Act
Congressman Al Green expressed “consternation” that some borrowers are not receiving the proper aid when applying for forbearance.
Read More »CFPB’s Perceived Overreach, Lack of Accountability Discussed in Congressional Hearing
Two major subjects discussed during Tuesday's hearing entitled "The Semi-Annual Report of the Consumer Financial Protection Bureau" before the House Committee on Financial Services were the Republicans' perceived lack of accountability on the part of the Bureau as well as whether or not the Bureau's efforts have been overreaching.
Read More »House Subcommittee to Hold Second Hearing on FHA’s Financial State
The second in a series of hearings to examine the financial health of the Federal Housing Administration (FHA) will take place next week in Washington, D.C., according to an announcement on Friday from the chairman of the House Committee on Financial Services, Representative Jeb Hensarling (R-Texas).
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