Items Tagged with 'gig economy'

ARTICLES

  • Airbnb petitions SEC for rule change to allow hosts to become shareholders

    Proposed change would allow gig economy workers to become part owners of gig-based companies
    Airbnb is asking the Securities and Exchange Commission for a rule change so its hosts can become part owners in the company, according to a report from CNBC’s Sara Salinas. The rule in question is Rule 701, an SEC rule governing equity awards of private companies. The changes proposed would allow “gig economy” workers to take up shares in the company.
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  • Bipartisan push begins in Senate to expand mortgage access for self-employed borrowers

    Self-Employed Mortgage Access Act introduced
    Ever since the Qualified Mortgage rule went into effect a few years ago, borrowers who don’t have a traditional source of income have had a hard time getting a mortgage. Well, a bipartisan push is underway in the Senate that could change that. Late Tuesday, Sens. Mark Warner, D-Virginia, and Mike Rounds, R-South Dakota, announced they are introducing legislation designed to make it easier for self-employed borrowers to get a mortgage.
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  • Freddie Mac shares data to help lenders cope with gig economy

    Launches new campaign effort
    Freddie Mac announced Monday its new campaign aimed at helping mortgage originators better understand the needs of the new home buying generation. With the rise of the gig economy and changing technological demands, Freddie Mac launched a campaign to help originators reach the latest generation driving homeownership growth.
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