Next week, both the House and the Senate will be turning their attention to industry and government response to the ongoing COVID-19 pandemic. Here's what else is happening in The Week Ahead.
Read More »Fed Chair Discusses Administering Additional Stress Tests
Federal Reserve Chairman Jerome Powell talks about administering additional stress tests in response to the pandemic but assures members of the House the goal is not to raise capital requirements.
Read More »Impact of COVID-19 on Renters, Homeowners
During a virtual roundtable with the House Financial Services Committee, industry leaders said renters need a long-term solution once eviction moratoriums are lifted.
Read More »Ed Delgado: ‘Pettiness of Politics’ Eroding Confidence in Mortgage
The House Financial Services Committee sent a letter to some of the nation's largest lenders requesting information on how it communicated relief options to its borrowers. Click through to see what they were asking for.
Read More »Financial Services Committee Voices Opposition to Changes to CRA
Chairwoman Maxine Waters said updates to the bill would turn it into the “Community Disinvestment Act.”
Read More »Maxine Waters Voices Concerns With Community Reinvestment Act
The Chairwoman of the Hosue Financial Services Committee noted she is concerned over “fraudulent comments” made about the measure.
Read More »Maxine Waters Opposes Proposal to Alter Fair Housing Act
The Chairwoman of the House Financial Services Committee said the Department of Housing and Urban Development’s ability to carry out its mission would be “seriously compromised” if it moves forward with the proposed changes to the disparate impact standard.
Read More »House Meeting to Discuss LGBTQ Housing Discrimination ‘Long Overdue’
Testimony was heard Tuesday regarding the struggles members of the LGBTQ community face in the housing market.
Read More »Waters: FHA ‘Acted in Haste’ on Distressed Assets Program
Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee, said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization Program (DASP), according to a statement from the Committee. The Committee said ...
Read More »New Bill Encourages Homeownership Counseling
Here’s how recent legislation passed by the House could help low-income homebuyers lower their cost of getting an FHA loan.
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