A recent Senate Banking Committee hearing featured a number of witnesses testifying on behalf of the reauthorization of the NFIP, which is set to expire September 30, 2023.
Read More »HUD Addresses Housing Goals in President’s 2024 Budget
With approximately $73.3 billion earmarked for HUD in 2024, the Department would make an investment in building affordable housing, expand access to homeownership, and address housing discrimination.
Read More »Sen. Brown Seeks FTC Review of Rental Pricing Algorithms
In a letter to FTC Chair Lina Khan, Sen. Sherrod Brown urges the Commission to examine whether proprietary rental pricing algorithms may be hurting competition, in violation of antitrust laws.
Read More »Senate Committee Examines the National Flood Insurance Program
A recent Senate Banking Committee hearing discussed the impending expiration of the NFIP, a measure that provides $1.3+ trillion in coverage to nearly five million homes and businesses. What can be done to enhance the Program and ensure it continues to meet homeowners’ needs?
Read More »Fed Chair Powell Confirmed by Senate for Second Term
By an 80-19 vote, Jerome Powell has been confirmed as Chairman of the Federal Reserve Board by the U.S. Senate.
Read More »Industry Reaction: Senate Confirms Julia Gordon as FHA Commissioner
After a re-nomination by President Biden, Julia Gordon has been confirmed by the Senate to serve as Commissioner of the FHA/Assistant Secretary of HUD.
Read More »FHFA Announces Mandatory Use of the Supplemental Consumer Information Form
In a move to increase equitable housing for all qualified borrowers, lenders will be able to better assist and counsel their clients during the homebuying process.
Read More »Senators Call for Review of Wells Fargo’s Refi Processes
Eleven Senators call upon HUD and CFPB after a report suggested that Black and Hispanic borrowers were less likely to be approved for refis.
Read More »Senate Banking Committee Approves Nomination of Thompson as FHFA Director
A special Executive Session of the Senate Banking Committee voted on advancing Sandra Thompson as Director of the FHFA, among other key nominations.
Read More »Thompson Testifies Before Senate Banking Committee
Acting FHFA Director Sandra L. Thompson spoke before the Senate Banking Committee, pending her confirmation as Director of the Agency.
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