Headline News Archive

2018

April

18

• Here's why you're having so much trouble finding a home to buy. Low inventory and high demand have also caused home prices to increase by more than 5 percent every year for the past six years, which…

• First-ever evictions database shows: 'We're In a housing crisis'. For many poor families in America, eviction is a real and ongoing threat. Sociologist Matthew Desmond estimates that 2.3 million evictions were filed in the…

13

• Federal judges indicate they could remove Mulvaney as acting CFPB chief. Judges on a federal appeals court panel Thursday appeared hesitant to overrule President Trump and install the deputy director of the Consumer Financial Protection Bureau…

12

• Mulvaney leading Consumer Financial Protection Bureau over a cliff. Accounts of the slow death of the Consumer Financial Protection Bureau are not exaggerations. In his just released report to Congress, the agency’s acting director,…

11

• A house you can buy, but never own. In a contract for deed, the buyer purchases an agreement for the deed rather than buying the deed itself. The tenant has to fulfill the…

10

• 3 ways parents can help grown kids own a home. When responsible first-time homebuyers need help buying a home, the family bank sometimes can lend a hand.

• Under Trump, a voice for the American consumer goes silent. In the 135 days since the Trump administration took control of the nation’s consumer watchdog agency, it has not recorded a single enforcement action against…

• Presentan en Francia la primera vivienda social impresa en 3D. Un grupo de investigadores dio a conocer la que dijo que es la primera vivienda social del mundo impresa en 3D, que desde junio será…

04

• Treasury proposes updates meant to boost lending in poor communities. The Treasury Department called on federal regulators to update a 1977 law meant to prevent mortgage discrimination and encourage banks to invest in struggling areas…

• Mortgage applicants beware IRS ‘tax transcript’ program's security. Federal auditors say the popular “tax transcript” program run by the Internal Revenue Service and used by millions of mortgage applicants a year lacks adequate…

• Mulvaney, Consumer Bureau’s chief, urges Congress to cripple agency. Mr. Mulvaney, a longtime and unapologetic critic of the financial crisis-era bureau, has spent the last several months freezing its enforcement activities, dropping cases on…

03

• What it was like to finally write my will. Did you know Prince died without a will? It’s true! All that money, and one of the greatest performers I ever saw onstage didn’t spend…

01

• Barclays agrees to pay $2 billion for selling toxic mortgages. Prosecutors say that between 2005 and 2007 Barclays sold investors packages of mortgages that were worth less than the bank claimed, costing the investors billions of dollars.…

March

29

• Under Ben Carson, HUD scales back fair housing enforcement. The Trump administration is attempting to scale back federal efforts to enforce fair housing laws, freezing enforcement actions against local governments and businesses, including Facebook,…

28

• Facebook sued for allegedly allowing housing advertisers to discriminate. In the lawsuit, filed in federal court in New York City, several fair housing groups accuse Facebook of allowing landlords and real estate companies to illegally tailor…

• Redlining, banned 50 years ago, is still hurting minorities today. Racial discrimination in mortgage lending in the 1930s shaped the demographic and wealth patterns of American communities today, a new study shows, with 3 out of 4…

• Limited English proficiency is a barrier to homeownership. Looking at data at the zip code level from the Urban Institute and Sloan Foundation’s Administrative Data Research Facility, we found a considerable gap in…

22

• Chase rarely lends to people of color in DC – and it’s probably legal. Across the street from the White House is the U.S. capital’s only outpost of the nation’s largest bank – tucked away on the ninth floor…

21

• Shopping around for a mortgage can save you thousands. It’s one of the weirder documented facts about home-buying in America: Surprising numbers of consumers don’t bother to shop for mortgage money, even though they…

• Dos varas de medir su calificación crediticia. Tradicionalmente FICO ha establecido el riesgo que suponen los acreedores, ahora VantageScore gana terreno Desde los años ochenta FICO se encarga de medir su calidad…

19

• CA homeowners receive $6 billion in subsidies—15 times more than renters. Homeowners in California received nearly $6 billion in state tax subsidies last year, according to a new report that also revealed a wide gap between state…

14

• Considering getting solar panels? Here are the right questions to ask. If you’re just as interested in saving money as you are in saving the planet, solar panels can help you do that. Their price has…

13

• Why consumers are increasingly trading privacy for convenience. Consumers have long exchanged data for services they find valuable, like email addresses or location for free WiFi and social media profiles for easier site…

• Bill would repeal some mortgage rules. The Senate is poised to pass a bill this week that would weaken the government’s ability to enforce fair-lending requirements, making it easier for community…

12

• The tipping equation. At restaurants across America, servers calculate how far is too far, weighing harassing behavior against the tips they need to make a living wage.