Published by Housing Wire | September 30, 2021 Former FTC commissioner and CFPB student loan ombudsman expected to expand enforcement The mortgage industry collectively shuddered today as the Senate approved Rohit Chopra as director of the Consumer Financial Protection Bureau for a five-year term. Consumer finance experts and attorneys specializing in mortgage regulation compliance expect Chopra, an acolyte of Massachusetts …

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Published by REALTOR Magazine | September 22, 2021 All four major regions of the U.S. posted declines in existing-home sales in August. Some home buyers have decided to put their search on hold as asking prices continue to increase. Existing-home sales—which reflects completed transactions for single-family homes, townhomes, condos, and co-ops—dropped 2% on a seasonally …

Home Sales Slip as Buyers Reevaluate Their Home Search Read More »

The following is from an email sent out by Midland Trust regarding a proposed IRA Tax Law Change | September 20, 2021 The House Ways and Means Committee in Congress has proposed changes to the laws governing individual retirement accounts (IRAs) as part of their $3.5 trillion reconciliation package. These changes, if enacted into law, …

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Published by Breitbart | September 19, 2021 A Nassau County housing judge moved to evict a Long Island man that has not paid his mortgage in 23 years, citing that the man is not protected under pandemic housing protections because he is an illegal occupant. Judge William Hohauser ruled on September 14 that Guramrit Hanspal, 52, is not …

Judge Orders to Evict Long Island Man Who Did Not Pay Mortgage for 23 Years Read More »

Published by Breitbart | September 17, 2021 The Biden administration is pressuring lawmakers to enact a controversial plan requiring banks to turn over to the Internal Revenue Service detailed information about inflows and outflows of almost all American bank accounts. Treasury Secretary Janet Yellen and IRS Commissioner Charles Rettig sent letters to lawmakers this week asking Congress …

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Published by Newsmax | September 14, 2021 With the shortage comes rising prices for new and existing homes—and at a record pace. The supply of U.S. homes for sale is reportedly near a record low as the gap between supply and demand widens. CNBC, citing new research from Realtor.com, reported Tuesday the nation is short …

U.S. Short More Than 5M Houses, But Construction Can’t Match Demand Read More »