Community Advisory Council Now Seeking Members
While the CAC will advise the Fed on a broad range of issues and offer diverse perspectives on economic circumstances of different consumers and communities, the council's particular focus will be on...
View ArticleBernie Sanders Fianlly Breaks Housing Policy Silence
Sen. Bernie Sanders will be the second presidential candidate to address housing policy next to Hillary Clinton, who laid out her homeownership goals in February. The post Bernie Sanders Fianlly Breaks...
View ArticleWells Fargo Extends Outreach in Underserved Communities
Wells Fargo unveiled new corporate social responsibility goals that are intended to address global social, economic, and environmental challenges, including a multibillion-dollar mortgage pledge to...
View ArticleFeds Need to Prepare for Senior Housing Boom
By 2030, a full 20 percent of the American population will be at least 65 years old. The bad news is that a large percentage of that population will not be financially prepared to fund their...
View ArticleBuilders Call for Regulatory Reform to Lower Housing Costs
Heightened regulations in the housing industry are hindering affordable housing in the U.S., and home builders believe it is time for a change. The post Builders Call for Regulatory Reform to Lower...
View ArticleBipartisan Compromise
The United States Senate Committee on Finance recently held a full committee hearing to discuss ways to increase access for affordable housing across the country; the hearing is part of the committee’s...
View ArticleLearning and Amending After the Housing Crisis
In a move to address affordable housing issues, an unprecedented legislative package has been passed in a bipartisan effort. The post Learning and Amending After the Housing Crisis appeared first on...
View ArticleHousing Relief Efforts in Effect
In a recent announcement, the Federal Home Loan Bank of New York reported the second highest annual award amount in the bank’s Affordable Housing Program history—which will result in creation or...
View ArticleFannie Mae Offers $10M to Solve Affordability Issues
If you’ve got ideas for how to solve America’s housing affordability issues, Fannie Mae has $10 million with your name on it. The GSE launched its Sustainable Communities Innovation Challenge just this...
View ArticleFlorida’s Housing Crisis Deepened by Puerto Rico Evacuees
Over three months after Hurricane Maria made landfall on the island of Puerto Rico, half of the island’s 3.4 million citizens are still without power, and many without access to clean drinking water or...
View ArticleFannie Mae Tackles Affordable Housing and Sustainability
With the affordable housing inventory at a low, Fannie Mae hopes to address some key problems in the industry with a panel of experts. See what the GSE's plan is to strengthen the affordable housing...
View ArticleHome Prices, Tax Reform, and Worker Migration
Redfin CEO Glenn Kelman recently appeared on CNBC to discuss the state of housing industry and the overall trends he is seeing in the early days of 2018. Kelman highlights the continued lack of...
View ArticleHow Will Rising Mortgage Rates Impact a Buyer’s Willingness to Enter the Market?
They may slow down their search for a new home or look for smaller homes, but a very few buyers looking at purchasing a home in 2018 will halt their plans if mortgage rates go beyond 5 percent,...
View ArticleMaking Single-Family Homes Accessible in Hot Markets
What are the chances of getting a plot of land for $1 in one of the country’s hottest housing markets, where the median home price is $540,000 to build affordable housing for a middle-class family with...
View ArticleThese U.S. Regions Would Feel GSE Reform the Most
For 2018-2020, Freddie Mac and Fannie Mae have set a goal of 24 percent for the number of mortgages they must purchase from low-income borrowers, defined as those earning less than 80 percent of the...
View ArticleTop 10 State Capitals to Live in
They’re not only the seat of power, but the right state capital can also be a great place to live, according to a survey on the Best State Capitals of 2018 by WalletHub. The website compared the...
View ArticleTreasury Doubling Down on Financial Crisis Mistakes?
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...
View ArticleTracking Amazon’s HQ2 Impact
The hottest question in business for the past six months has been, “Where will Amazon build its second headquarters?” With many cities still in the mix, it's still anyone's guess ... but Zillow thinks...
View ArticleCalifornia Candidates Sound Off on Housing Issues
California is facing a housing crisis, and its candidates for Governor will need to address it. See how the leading candidates plan to address their state's housing shortage. The post California...
View ArticlePromoting and Protecting Homeownership
It’s been a decade since the housing crisis of 2008. As the present administration looks at rolling back some of the more stringent regulations that were introduced during that time to protect homes...
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