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Treasury Department Rolls Out New Initiative to Increase Housing Affordability

Treasury Department Rolls Out New Initiative to Increase Housing Affordability

by Phil Hall | Jun 24, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of the Treasury has announced a new effort to boost housing affordability. According to a press statement from the Treasury, the new initiative will include the launch of a program administered by the CDFI Fund to provide an additional $100 million...
Feds Propose Rule for Real Estate Professionals to Report Potential Money Laundering

Feds Propose Rule for Real Estate Professionals to Report Potential Money Laundering

by Phil Hall | Feb 7, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of the Treasury issued a report that recommends a new rule that would require real estate professionals to identify potential money laundering schemes in the residential real estate markets. The “National Money Laundering Risk Assessment” report...
Treasury Dept.’s Homeowner Assistance Fund Distributed $1.2 Billion in Q1

Treasury Dept.’s Homeowner Assistance Fund Distributed $1.2 Billion in Q1

by Phil Hall | Jul 10, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of the Treasury reported that its Homeowner Assistance Fund (HAF) programs distributed $1.2 billion in assistance to households during the first quarter of the year, a 50% increase over the fourth quarter of 2022. The HAF was authorized by the...
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