The Low-Income First-Time Homebuyers (LIFT) Act will help reduce the racial wealth gap by allowing qualified buyers to build equity–and wealth–at twice the rate of a conventional 30-year mortgage.
Read More »Understanding the HAF
Attorney Marissa M. Yaker details what you need to know about the Homeowner Assistance Fund, and the HAF’s goal of mitigating financial hardships associated with the pandemic.
Read More »Examining Climate Risks and Financial Stability
A new report by the Financial Stability Oversight Council has identified 30 specific recommendations that financial regulators can take to identify and address climate-related risks to the financial system.
Read More »Second-Home, Investment Property Demand Jumps in September
Bouncing back after a summer slowdown, the demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July's 40% increase, but still below March's record growth.
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 »Wallison: Treasury Department Wrong on Regulation Approach
Former White House Counsel and Senior Fellow in Financial Policy Studies at the American Enterprise Institute Peter J. Wallison put in an appearance Thursday on CNBC’s The Santelli Exchange, where he criticized the U.S. Treasury Department’s recent approach to regulation ...
Read More »Mnuchin: GSE Reform On Hold
Secretary of the Treasury Steve Mnuchin said he doesn’t think reform of the government sponsored enterprises will happen until 2018, despite bipartisan advice.
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