HUD investigating Boston housing policies, alleging discrimination against white residents
Accusations include encouraging banks and real estate developers to focus on communities occupied by people of color.
Politics
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Advocacy groups see erosion of fair lending oversight, move to fill the gap
In its latest move, the Department of Justice (DOJ) this week announced the rescission of disparate-impact liability from its Title VI regulations, while other parts of the federal government have reduced enforcement of fair lending issues.
Coalition presses for stronger federal flood response, eyes ROAD to Housing Act
Leaders said the coalition began forming after the catastrophic July 2022 floods in eastern Kentucky and southwestern Virginia.
Inventory, affordability take center stage in House hearing
The hearing focused heavily on interpretations of Build America, Buy America (BABA) requirements and their impacts on affordable housing development.
Connecticut governor signs bill to tackle affordable housing shortage
Connecticut’s new housing bill aims to address the affordable housing shortage, but faces criticism for limiting local control.
Kevin Hassett is the rumored lead for Fed chair position
Kevin Hassett is the rumored frontrunner to become the next Federal Reserve chair as he aligns with Trump’s interest rate agenda.
Bill Ackman’s GSE proposal faces hurdles on capital, Treasury forgiveness
Uncertainties around capital requirements would limit share value, according to Keefe, Bruyette and Woods (KBW) analysts.
WSJ: Fannie Mae officials fired amid mortgage fraud probe
Fannie Mae’s ethics team faced dismissals after investigating FHFA Director Bill Pulte’s alleged improper access to officials’ mortgage records.
Community association leaders advocate on Capitol Hill
Meetings with legislators addressed affordable insurance, disaster recovery, affordable housing, community self-governance and more.
Pulte says Fannie, Freddie to remain in conservatorship with IPO plans
FHFA Director Bill Pulte said Fannie Mae and Freddie Mac will remain in conservatorship while the government plans to sell up to 5% of shares.