House bill calls for HOME housing program reforms
It aims to expand affordable housing supply by providing states and local governments with greater flexibility to fund housing development.
Politics
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Real estate leaders praise federal housing action, stress first-time buyer help
NextHome co-CEO Keith Robinson and others are happy to see Washington address housing, but say more first-time homebuyers help is needed.
Ohio moves to tie property tax increases to inflation
Legislators said safeguards were added to prevent local governments from cutting millage only to restore it later after raising other taxes.
New York AG Letitia James indicted on mortgage fraud charge
An anonymous source says James was indicted in the Eastern District of Virginia on one count after a mortgage fraud investigation.
Kansas City Fed chair backs cautious approach on rates
Kansas City Fed Chair Jeff Schmid said he voted in favor of the Fed’s September quarter-point rate cut but sees no need for aggressive easing.
Bipartisan RESIDE Act aims to convert vacant spaces into housing
Legislation would create a pilot grant program for communities to rehabilitate empty offices, malls, motels and other properties into homes.
FEMA funds blocked illegally, GAO finds
The Government Accountability Office said FEMA violated the Impoundment Control Act, which bars the withholding of congressionally approved funding.
Lisa Cook loan docs listing ‘vacation home’ seem to undermine mortgage fraud claims
The loan estimate for an Atlanta condo Cook bought in 2021 shows that Cook declared the property a “vacation home,” not a primary residence.
Kimber White’s vision for NAMB: Affordable housing and enhanced mortgage education
Kimber White is set to return as NAMB president on Oct. 1, where he’ll focus on advocating for housing affordability and mortgage education.
Trump’s ‘liberation day’ tariffs ruled illegal, but stay in place for now
The sweeping tariffs President Trump implemented on April 2 have been ruled illegal by a federal appeals court