Over the weekend, most Americans have been talking to each other about the devastation created by the wildfires on the Hawaiian island of Maui. Joe Biden was not one of them. I would like to share this tweet that posted yesterday on X (the site formerly known as...
A Phil Hall Op-Ed: Perhaps the most dramatic economic story of the past week involved the decision by Fitch Ratings to downgrade of the U.S. credit rating from “AAA” to “AA+.” Fitch defined its decision as the result of “a steady deterioration in standards of...
A Phil Hall Op-Ed: One of the major stumbling blocks in today’s housing market is the abnormally low inventory of existing homes listed for sale. The absence of these properties is hardly mysterious – why would anyone voluntarily move out of a secure residence and go...
Earlier this month, Housing and Urban Development (HUD) Secretary Marcia Fudge was in Japan for the G7 Sustainable Urban Ministers’ Meeting. During this event, she signed a Memorandum of Cooperation (MOC) with her Japanese counterparts that (according to the HUD...
On July 30, 2008, President George W. Bush signed the Housing and Economic Recovery Act of 2008 (HERA), which established the Federal Housing Finance Agency (FHFA). One provision of that act gave the FHFA authority to place its regulated entities into conservatorship...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
