Tag Archives: Congress

The FHA has issued its Annual Report to Congress for fiscal year 2023, highlighting the impact of insurance premium reduction, assistance for approximately two million struggling homeowners, and support of underserved borrowers and communities.

In a new report, the National Association of Realtors revealed what a government shutdown would mean for the real estate industry, including the closing of some federal housing, mortgage, and other programs nationwide.

In the Bureau’s Semi-Annual Report, Director Rohit Chopra detailed the work the CFPB has accomplished, including securing $275 million in total consumer redress and $270 million in civil money penalties.

A three-judge panel of the 5th U.S. Circuit Court of Appeals has ruled that the design of the CFPB violated the Constitution, as it has received funding through the Federal Reserve, rather than appropriations legislation passed by Congress.

A coalition of civil rights and housing groups call on congressional leaders for funds that would enable state housing finance agencies to help homeowners.

The House of Representatives voted to pass H.R.2940, which provides $19.1 billion in recovery funds for disaster-affected areas, including Puerto Rico.

Two prior attempts to extend the program have stalled, and industry experts are encouraging prompt action.

How have the cultures and policies of megabanks such as Bank of America and CitiGroup changed since the financial crisis? Hear what the CEOs of eight of the largest U.S. banks had to say before the House Financial Services Committee.

In response to increased risks of flooding and natural disasters across the nation, the FInancial Services Committee held a hearing to re-evaluate the National Flood Insurance Program.

As the new members to the Congress settle in after the midterm elections, here’s how both parties can work together to solve the current challenges in the housing market.