housing market

Senate confirms HUD nominees, but not Montgomery for FHA

12/22/17

Sen. Elizabeth Warren, D-Mass., and four other Democrats on the Senate Banking Committee are insisting on a recorded vote by the full Senate for the nomination of Brian Montgomery as Federal Housing Administration commissioner.

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Housing finance needs fixing, but it doesn’t need Fannie or Freddie

12/15/17

The government-sponsored enterprises are at the heart of our housing finance problems, not the solutions.

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Preserving the GSEs is key to preserving affordability

12/15/17

For decades, Fannie Mae and Freddie Mac helped working-class Americans get mortgages. That essential and powerful role in the national economy is fading.

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Mortgage deduction helps housing lobby, but not homeowners

11/10/17

The battle lines are drawn between those seeking to protect the mortgage interest deduction and a legislative effort to greatly reduce its use. Hopefully, this is a battle that taxpayers will win.

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12 markets hit hardest by slashing the mortgage interest deduction

11/09/17

Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan.

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Quarles’ regulatory vision; Shakeup at State Street

11/08/17

The Fed’s new chief bank regulator wants to change “the tenor of supervision”; Ron O’Hanley, who was named president this week, will also take over as CEO by the end of 2018.

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Fannie, Freddie must be allowed to rebuild capital, say small banks, credit unions

10/19/17

In a moment of rare unity, the Independent Community Bankers of America and National Association of Federally-Insured Credit Unions sent a joint letter to FHFA arguing to stop the GSEs' profit sweep.

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Home Builders soften stance on mortgage interest deduction

10/03/17

The National Association of Home Builders is backing off of long held support for the mortgage interest deduction in hopes that the Trump administration can deliver on its promise of lower taxes.

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Senate confirms new No. 2 for HUD

09/14/17

The Senate on Thursday confirmed Pam Patenaude to be the deputy secretary at the Department of Housing and Urban Development.

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Rent Control: It’s Back!

12/12/11

New York is a world apart of the rest of the nation when it comes to rent control, or rent stabilization laws. The City, over the years, has manipulated—often capped—rent prices with surprising consistency. In 1948, FDR instituted the first rent control laws in the United States. As our boys came home from World War 2 and [...]

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