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Biden's new dilemma: How to slash housing costs for low-income borrowers

Biden’s new dilemma: How to slash housing costs for low-income borrowers POLITICO 8 hrs ago By Katy ODonnell © AP Photo/Nam Y. Huh A "lot for sale" sign stands along side a housing lot in Des Plaines, Ill. on March 21, 2021. WASHINGTON — President Joe Biden’s move to fire the top U.S. mortgage regulator is triggering calls from fellow Democrats to use the agency to expand access to loans for lower-income people, who have struggled to buy homes since the financial cris...
United States Freddie Mac Isaac Boltansky Donald Trump Erika Poethig Sherrod Brown
Source: msn.com

Millions of renters brace for a post-pandemic ax

Millions of renters brace for a post-pandemic ax The Biden administration is racing to end a bottleneck that has prevented state and local governments from distributing nearly $50 billion in rental assistance. A rental sign is posted in front of an apartment complex Tuesday, July 14, 2020, in Phoenix. | Ross D. Franklin/AP Photo Link Copied The pandemic crisis is finally winding down for much of the country, with both vaccinations and the economy surging. But the Covid-19 housing crisis hasn’...
United States White House District Of Columbia Stockton Williams Janet Yellen Sherrod Brownd Ohio

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'Outrageous': Bank regulator lobbies for Trump-era rule, angering Democrats

Outrageous: Bank regulator lobbies for Trump-era rule, angering Democrats Consumer watchdogs have warned that it could unleash predatory loans by enabling "payday" lenders to evade state interest rate caps. Sen. Sherrod Brown, D-Ohio, speaks during a Senate Finance Committee hearing with pharmacy benefit managers on Capitol Hill in Washington, Tuesday, April 9, 2019, exploring the high cost of prescription drugs. (AP Photo/Susan Walsh) | Susan Walsh/AP Photo Updated: Link Copied A career feder...
United States Sherrod Brown Alysa James Chris Van Hollen Joe Biden Francesca Amodeo

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