The National Apartment Association (NAA) has taken President Biden to task for his recent remarks regarding the state of rental housing. During his State of the Union speech in March, Biden boasted that his administration was working to lower rents that were being...
The deputy chief financial officer of Florida’s Jacksonville Housing Authority has been fired for not showing up to his job. Action News Jax reported Greg Williams was fired today, roughly one month after he was promoted from comptroller. Williams had been absent...
More than 32.7 million residential properties from Texas to Maine are at risk of moderate or severe damage sustained from hurricane-force winds during this year’s Atlantic Hurricane Season, according to the 2024 Hurricane Risk Report published by CoreLogic. The depth...
The Consumer Financial Protection Bureau (CFPB) has begun a public inquiry into mortgage closing costs, claiming that so-called “junk fees” are inflating these costs. The agency issued a request for information regarding which fees are subject to competition, how fees...
Sen. Tim Scott (R-SC), the ranking member of the Senate Banking Committee, led a coalition of the Committee’s Republican members and 23 members of the House Financial Services to express concern over the proposal to allow Freddie Mac (OTCBQ:FMCC) to purchase and...
The Federal Reserve Bank of Cleveland announced the appointment of Beth M. Hammack as its next president and CEO, effective Aug. 21. Hammack will succeed Loretta J. Mester, whose tenure ends on June 30, as per Federal Reserve mandatory age and length-of-service...