Michelle Corning News Today

Real estate owned, empty foreclosed homes into the market, to rent them for a period, if thats appropriate. We were also part of the very large mortgage at the time settlement, which you are aware of, which part of the outcome of that is that banks have been working hard to increase their modifications, to reduce foreclosures, to assist home owners who were unfairly treated in the past and so on. So, from supervisory, regulatory perspective, we are trying to help. But in that respect, we are lik...

Limits on purchases of single-family homes. a "flip tax," and rent control are being pondered as ways to check investors' influence in some markets.