The U.S. House of Representatives voted for a bill that exempts certain depository institutions from complying with requirements under the Home Mortgage Disclosure Act (HMDA).If enacted, credit unions and other lenders with less origination volume as set forth in the bill will not be legally Read more
HUD: $2-Bil. Funding to Fight Homelessness in Local Communities
It was not too long ago that VA’s David Shulkin had to reassure everyone that the department won’t cut off a key program for homeless Veterans. For its part, the Housing and Urban Development (HUD) recently awarded $2 billion to over 7,000 local programs dedicated to prevent or end homelessness Read more
HUD Gives Local Entities More Time to Assess Fair Housing Landscape
The Housing and Urban Development in a notice on the Federal Register announced an extension for local jurisdictions to submit an Assessment of Fair Housing in furtherance of HUD’s final rule on Affirmatively Furthering Fair Housing (AFFH).AFFH seeks to promote fair housing in local communities Read more
Tax Overhaul will Create Housing Winners and Losers
The tax reform will have varying effects on many housing markets in the country. According to The Wall Street Journal, the tax overhaul is going to create housing market winners and losers across the United States.These changes are expected to hit high-cost areas while encouraging more people to Read more
Real Estate Matters: What’s in Store for 2018?
What will the housing market bring us this 2018? Does the country’s housing industry have a bright future? RECAP FOR 2017 Before 2017 came, housing industry analysts, expert, and economists have given their predictions on how the real estate market would perform.In the beginning of Read more
