Sen. Elizabeth Warren (D-MA) has introduced a $550 billion plan to fund the construction of approximately 3 million new housing units by raising estate taxes. Warren’s endeavor, dubbed the American Housing and Economic Mobility Act, encompasses a wide range of pledges...
The Federal Trade Commission (FTC) announced it will distribute over $12 million in refunds to more than 25,000 consumers who paid Zurixx LLC for a dubious house flipping investment training program. The FTC and the Utah Department of Commerce Division of Consumer...
The Federal Reserve opted to keep the federal funds rate at the 5.25% to 5.5% level. In a unanimous vote, the central bank’s policy making Federal Open Market Committee declared the “economic outlook is uncertain,” adding that it remained “attentive to the risks to...
Former President Donald Trump made a rare acknowledgment of the challenges to homeownership affordability but offered no specific strategies to addressing the matter except to seek voter support. In an interview on Fox News’ “The Ingraham Angle,” host Laura Ingraham...
Provident Bank, the Jersey City, New Jersey-based subsidiary of Provident Financial Services Inc. (NYSE:PFS), announced the appointment of Leonardo Ramos as vice president and Community Reinvestment Act (CRA) officer. In his new job, Ramos will be in charge of the...
United Real Estate announced the merger of its Dallas-based division with REAL Dallas Properties & Management, a union that will add 70 agents to United’s Dallas operations and expanding its North Texas presence to more than 800 agents. According to the...
Hits and Misses for the Real Estate Week of June 22-26
