On Tuesday, the House of Representatives passed S. 2155, also known as the Economic Growth, Regulatory Relief and Consumer Protection Act. The bill rolls back reforms from the 2010 Dodd-Frank Act and promises to provide regulatory relief to credit unions and community banks.
The House of Representatives passed its Tax Cuts and Jobs Act, sending it to the Senate, and now the industry is expressing its disappointment. However, as one expert points out, the fight isn’t over yet.
A congressional push to limit the salaries for the CEOs of Fannie Mae and Freddie Mac moves closer this week when the House version of a bill that already passed the Senate unanimously goes to the House floor for a vote. There's little reason to expect it won't have an easy landing, but then it goes to the White House.
The gap between stagnant incomes and rising rents in many parts of the country is growing out of control. Right now, there is no state in the country where someone earning either the state or federal minimum wage can afford a market-rate one-bedroom apartment.
You have your new house picked out and everything sorted out for the move except for one pretty significant problem: you can’t sell your current home. Here are 10 reasons for why your home is still sitting on the market.
President Donald Trump appointed Calabria to take the helm of the FHFA on December 12, 2018. The Senate then officially confirmed Calabria in April by a vote of 52 to 44 as head of the agency. Since then, Calabria has not been silent on his plan to reform the FHFA and the entities it oversees – Fannie Mae and Freddie Mac.