Next the director of the federal Housing Finance agency testifying on housing and mortgages during the coronavirus pandemic. House Financial Services Committee Members asked him how his agency is handling the rice in foreclosures and forbearances as well as the operations of fannie mae and freddie mac. The hearing runs over three hours. The committee will come to order. Before we begin, i want to remind members of a few matters including some required by the regulations accompanying House Resolution 965, which established a framework for Remote Committee proceedings. First, i would ask all members to keep themselves muted when theyre not being recognized. It will minimize disturbances while members are asking questions of our witnesses. Members are responsible for muting and unmuting themselves. The staff have been instructed not to mute members except when theyre not being recognized and theres background noise. Members are reminded that they may only attend one remote hearing at a ti
Democracy. , next on Affordable Housing before the House Financial Services Committee Topics include landuse regulation, zoning policies, homelessness, access to Affordable Housing in the role of congress and housing policy. The hearing is about two hours and 20 minutes. ■k ■h4e subcommittee on housing and insurance will come to order, the chair is authorized to declare recess at any time, this hearing i e affordability, government barriers and marketbased solutions. Without objection all members will have five legislative days wi submit entry materials to the chair for inclusion in the record, ilf recognize myself for five minutes to give an openingstate. Today the subcommittee will hold a hearing to discuss the lack of Affordable Housing in many communities across theng countr. In particular we will examine vel as marketbased solutions to bring down the cost of housing. Americans spend more on housing ■0 representing 33 of the familys budget. Families in many areas would love t
[the star-spangled banner] [the star-spangled banner] rachel: good morning. it is 6:00 a.m. :00 am in new york city and you were just listening to the navy band ceremonial band performing the national anthem. this memorial day weekend, send us your photos and stories of servicemembers who died while serving. you can e-mail email those, friends@foxnews.com. joey is in for pete this morning. joey:he lets the sitting his place on the couch and i said what side do you sit on? i couldn t remember so i stood here and waited to for will to get up. i m happy to be here. rachel: glad to have you especially this weekend. joe: great weekend to be here and give pete the weekend a. rachel: president biden baltzer camp david even though congress has not reached a deal on the debt ceiling. will: janet yellen pushes back the default deadline by two days. joe: alexandria hoff is live in washington dc. reporter: a major fiction point for stronger work requirements in certain kinds of fed
Upon buying is a act of optimism. It is also stressful. Families buying a new home have so much to think about, making sure they are covering their down payments, moving in, getting kids set up in a new school if they have children. Homeowners are confident that their monthly Insurance Premiums will provide a backstop against the physical and natural other dangers or incidents or accidents noting their coverage can help homeowners speak better at night. Or that is how it is supposed to work. Owners have faced a surprise when it is time to renew. Homeowners have spent time years making their payments without fail are shocked to find their insurance or too many cases will not renew their policies at all. Entire markets leaving consumers with few options that cost more. Consumers are counting on their insurance now more than ever. Since the beginning of the year to country has experienced 15 weather disasters, each resulting lay losses of more than 1 million. 15 million 15 weather disaste
Upon buying is a act of optimism. It is also stressful. Families buying a new home have so much to think about, making sure they are covering their down payments, moving in, getting kids set up in a new school if they have children. Homeowners are confident that their monthly Insurance Premiums will provide a backstop against the physical and natural other dangers or incidents or accidents noting their coverage can help homeowners speak better at night. Or that is how it is supposed to work. Owners have faced a surprise when it is time to renew. Homeowners have spent time years making their payments without fail are shocked to find their insurance or too many cases will not renew their policies at all. Entire markets leaving consumers with few options that cost more. Consumers are counting on their insurance now more than ever. Since the beginning of the year to country has experienced 15 weather disasters, each resulting lay losses of more than 1 million. 15 million 15 weather disaste