Items Tagged with 'Senate'

ARTICLES

  • Apartment List: Housing legislation can't make it through Congress

    Out of 10,222 bills introduced so far this term, only 115 had to do with housing
    Out of the 10,222 bills introduced so far in the 115th Congress, only 115 of those had to do with housing and of those 115, not a one made it to the Oval Office. According to a report from Apartment List, despite growing national concern regarding the housing affordability crisis, what few potential solutions are being put forth, can’t make through Congress because they are not a priority.
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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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  • Senate passes flood insurance reform at 11th hour

    Housing industry continues to push for long-term solution
    Tuesday, the day the current National Flood Insurance Program was set to expire, the Senate passed yet another short-term extension of the program. But while the housing industry is pleased Congress did not let the current program expire, it also emphasized the need to create a long-term solution.
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  • Senate narrowly passes measure to restore net neutrality

    But will it advance in House?
    The Senate voted Wednesday to restore net neutrality ahead of its scheduled rollback. While real estate companies are in full support of the Senate’s decision, the measure still needs to be voted on by the House of Representatives and be signed off on by President Donald Trump.
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  • Senate’s passage of Dodd-Frank reform: Needed relief or the beginning of the end?

    Experts disagree
    After the Senate passed its Dodd-Frank reform bill Wednesday night, sending it to the House to be voted on, experts began to voice their opinions of the bill – but no one agrees. While some experts claim this bill is a major step in the wrong direction, and puts the market at risk of another collapse such as that seen in 2007, others say it brings common sense regulatory relief.
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  • Dodd-Frank replacement heads to Senate vote

    Bill holds 20 co-sponsors on both sides of the aisle
    The Senate passed a motion Thursday to send one of the biggest rewrites of the Dodd-Frank Act to the floor for a vote, which is expected sometime next week. The bill contains policies which would roll back or eliminate key parts from the Dodd-Frank Wall Street Reform and Consumer Protection Act.
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  • Housing industry calls on Senate to confirm Brian Montgomery as FHA commissioner

    Trade groups, companies, law firms, fair housing advocates join together
    It’s been nearly three months since the Senate Banking, Housing, and Urban Affairs Committee approved Brian Montgomery’s nomination to lead the Federal Housing Administration, but Montgomery’s name has not yet been put before the full Senate for a vote. That wait is more than enough for a consortium of housing industry power players.
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