The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced it will allocate $50 million in interest rate subsidies to expand affordable housing, economic development, and community partnerships in Illinois and Wisconsin through its new Community Impact Advance...
The U.S. Department of Housing and Urban Development (HUD) and The Appraisal Foundation reached a conciliation agreement yesterday that resolved a December 2021 investigation ordered by former HUD Secretary Marcia Fudge into allegations of discrimination into the...
The Consumer Financial Protection Bureau (CFPB) has proposed new rules designed to make it easier for homeowners to get help when they are struggling to pay their mortgage. According to the CFPB, the proposed changes would require mortgage servicers to focus on...
A New York City real estate developer has entered into a $272 million settlement with the Securities and Exchange Commission (SEC) over accusations that he defrauded Chinese EB-5 investors. The federal EB-5 federal program enables foreign investors to obtain a U.S....
The National Association of Home Builders (NAHB) called on Congress to support policies that will enable an increased level of affordable housing construction. Steve Martinez, a home builder from Boise, Idaho, testified today on behalf of NAHB during a House Small...
The Maine housing market is having an impact on the health of the state’s residents, according to the draft of a new medical report. The Maine Morning Star reports the newly released draft of the Statewide Health Improvement Plan published by the Maine Center for...
Hits and Misses for the Real Estate Week of June 22-26
