The House Committee on Veterans’ Affairs removed from a hearing agenda a draft bill that would have allowed veterans two concurrent uses of a VA guarantee entitlement.
The House Committee on Financial Services last week marked up legislation that would devote $322 billion in funding to affordable housing, including for a pilot program to expand small-dollar lending options for homes that cost up to $100,000.
The mortgage industry wants HUD to reconsider its proposal to recodify the 2013 disparate-impact theory as it predates and is inconsistent with binding Supreme Court precedent.
Industry backs a change that would eliminate requirements that lenders conduct background checks on builder-contractors working with borrowers in the RHS Single-Family Housing Guaranteed Loan Program.
Commemorating the 100th anniversary of the Tulsa Race Massacre, the White House announced the creation of a task force led by the housing secretary to root out discrimination in the appraisal and homebuying process.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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