News

2021

April

21
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  • U.S. watchdog cracks down on mortgage servicers. The U.S. consumer watchdog is scrutinizing mortgage servicers’ compliance with pandemic relief programs amid concerns struggling homeowners are not getting the help they need to avoid foreclosures, or are being discriminated against, said
  • CFPB targets debt collectors in bid to protect renters. The Consumer Financial Protection Bureau (CFPB) on Monday unveiled a rule cracking down on debt collectors to stop them from forcing renters from their homes during a nationwide eviction ban, as millions of Americans struggle
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  • Biden’s first-time homebuyer tax credit proposal. Consumers have been closely following President Joe Biden’s proposed first-time homebuyer tax credit, but the newest form of that proposal has several significant restrictions. The latest draft of a down-payment assistance bill would
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  • Biden is bringing back Obama-era housing rules. Housing Secretary Marcia L. Fudge moved this week to reinstate fair housing regulations that had been gutted under President Donald Trump, in one of the most tangible steps that the Biden administration has taken
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  • In infrastructure package, child care help is delayed. Many parents have been eagerly anticipating President Biden’s infrastructure bill, a landmark piece of legislation expected to include sweeping benefits for caregivers and fundamentally reshape the U.S. child-care system. But the Biden
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  • New proposal would ban most foreclosures until 2022. The Consumer Financial Protection Bureau proposed a new rule that would prevent servicers from starting foreclosure proceedings until after Dec. 31. The intent, bureau officials said, is to give borrowers coming off forbearance time to consider
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  • Housing madness: 76 all-cash offers on one home. A realtor listed a fixer-upper in suburban Washington, DC for $275,000 on a Thursday. By Sunday evening, she had 88 offers. Of those 88 offers, 76 were all-cash, said Coleman, who works for RE/MAX Realty Centre. The inventory
 

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