Items Tagged with 'Congress'

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Carol Galante: While FHA Actuarial Report brings good news, 3 challenges still remain

The job's not over
While today’s news makes clear that FHA and its dedicated personnel have remained vigilant in safeguarding the FHA for future generations, the job of mopping up from this terrible housing crisis and recession is not done. The FHA has an obligation to the American people to do more. FHA, with the help of Congress, must urgently address three key challenges.
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House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House
Defying the threat of a White House veto, the House on Wednesday afternoon passed bipartisan legislation to help homebuyers avoid delays and disruptions when closing on their new homes by a bipartisan vote of 303-121. Here's what happens next.
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White House threatens to veto TRID grace period bill

Calls hold harmless period ‘unnecessary delay’
The House of Representatives is scheduled to vote on a bill that would extend and formalize the grace period for the TILA-RESPA Integrated Disclosure rule until Feb. 1, 2016, and the White House is threatening to veto the measure if it passes Congress. Congress isn't blinking.
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House to vote on TRID grace period Wednesday

Would formally extend it until Feb. 1, 2016
Congressional sources tell HousingWire that the House will consider H.R. 3192, the Homebuyers Assistance Act, sponsored by Rep. French Hill, R-Ark., Wednesday afternoon. The industry says it's badly needed. Will it pass and will it be enough?
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John Boehner resigns from Congress

First elected in 1990
Speaker of the House John Boehner will resign and give up his House seat at the end of October. The announcement comes amid intense pressure from conservatives in his party, along with Congress, as they try to avoid a government shutdown.
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