Items Tagged with 'House of Representatives'

ARTICLES

  • Alexandria Ocasio-Cortez struggles to afford rent, like most Millennials

    Millennials spend more than 45% of their income on rent before age 30
    Nationwide, renters are struggling to navigate affordability, especially Millennials who on average spend more than 45% of their income on rent before the age of 30. So, it shouldn’t be surprising when a Millennial voices concern about rental affordability, right? But what if that Millennial is a newly elected member of the House of Representatives?
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  • Housing industry welcomes new Congress

    Stress the need to keep focus on housing
    While some midterm elections were still too close to call as of Wednesday morning, it was clear that Democrats will take control of the House of Representatives and Republicans will keep the Senate, and now the housing industry is welcoming the new Congress.
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  • 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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  • House passes extension for National Flood Insurance Program

    Up to Senate to pass before program expires in July
    Wednesday, the House of Representatives passed legislation to authorize the National Flood Insurance Program for another four months. Now, the housing industry is urging the Senate to move quickly in order to pass the bill before it expires at the end of this month.
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  • House passes massive bipartisan economic growth bill

    Hensarling, Waters put forth bill made up of 32 pieces of legislation
    The House of Representatives just passed a massive piece of bipartisan legislation that some are calling the “cherry on top” of President Donald Trump’s Dodd-Frank rollback. The bill, called the JOBS Act 3.0, is a massive bipartisan effort made up of 32 pieces of individual legislation, and passed the House with a margin of 406-4.
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  • Top housing trade groups urge Congress to extend National Flood Insurance Program

    NAR, NAHB, ABA, U.S. Chamber of Commerce, and others up in arms
    This week, more than 20 of the top housing trade groups urged Congress to extend the National Flood Insurance Program. In a letter sent to Congressional leadership on both sides of the aisle, the organizations warn Congress that failure to reauthorize the program by July 31 will jeopardize an estimated total of 40,000 American homes.
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  • Bipartisan push begins in Congress to change CFPB leadership to commission

    Not the first time for such an effort
    While some congressional Democrats and Republicans are fighting over who’s supposed to be serving as the director of the Consumer Financial Protection Bureau right now, a handful of their colleagues want to do away with the bureau’s single director structure altogether and replace it with a bipartisan commission.
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  • House Democrats push Equifax to provide more protection for data breach victims

    Want Equifax to provide three years of identify theft protection
    In the wake of the massive data breach that exposed the personal information of 145.5 million U.S. consumers to hackers, Equifax offered to provide a number of services to the affected consumers, including one year of identity theft protection. But, in the eyes of all 19 Democrats on the House Committee on Oversight and Government Reform, Equifax is not doing enough to make those consumers whole again.
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  • House approves changes to TRID rule, loan originator licensing rules

    Bill brings changes to SAFE Act rules for nonbank originators
    The House of Representatives last night approved a bill that could bring big changes to the mortgage industry, including making it easier for loan originators to move from a traditional bank to a nonbank. The bill would also bring changes to the CFPB’s TRID rule. Here are the full details.
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