Tag Archives: regulations

Flood insurance freeze halts thousands of US home sales

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The Federal Emergency Management Agency ruled Thursday it will not approve new or renew existing flood insurance plans during the government shutdown. Continue reading →

How the government shutdown is impacting home buyers

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A partial shutdown of the U.S. Government has entered its sixth day as both Democrats, Republicans and President Donald Trump dig in their heels over partial funding for a wall or partition structure along a small portion of the U.S. southern border an… Continue reading →

Fed raises interest rate for the fourth time in 2018

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The Fed’s increase sets a target range for the federal funds rate of 2.25 percent to 2.5 percent. The increase of 25 basis points came as the “labor market has continued to strengthen and that economic activity has been rising at a strong rate,” accord… Continue reading →

Housing market expected to stabilize in 2019: Fannie Mae

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Economic growth is expected to slow in 2019 which means stabilizing home sales and mortgage rates in 2019, according to Fannie Mae’s economic and strategic research group.  Continue reading →

Will Trump’s new housing finance director privatize Fannie and Freddie?

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The Trump administration is preparing to nominate Mark Calabria to head the Federal Housing Finance Agency, the agency tasked with overseeing Fannie Mae and Freddie Mac. Continue reading →

Say hello to your new CFPB director, Kathy Kraninger

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The Consumer Financial Protection Bureau finally has a non-temporary leader. On Thursday, the Senate voted 50-49 along party lines, with no Democrat voting in support, to approve Kathy Kraninger as the new head of CFPB. Continue reading →

A Trump official with a 6-figure salary is moving to public housing

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A Trump administration official with a six-figure salary is planning to move from her Trump Tower condo into public housing. Continue reading →

Connect the Sessions: ICNY’s Data track explores MLSs, platforms, emerging tech and more

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Learn why “The consumer is looking for an all-inclusive experience” Continue reading →

Congress punts flood insurance extension to next week

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The U.S. Senate on Thursday passed a six-month extension to the National Flood Insurance Program just hours before the program lapsed. Continue reading →

Death of the home appraisal?

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Proposed government regulations announced by Office of the Comptroller of Currency would raise the threshold for transactions requiring an appraisal. Continue reading →