December 2025

Manufactured housing may get lending relief in defense bill

A key housing provision in the government defense spending bill currently under negotiation in Congress will expand the federal definition of manufactured housing and ultimately ease lending for such units if adopted. Tucked within the latest National Defense Authorization Act are new regulations to remove “permanent chassis” language in current codes. In addition to striking […]

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Consumer spending stalled in September, inflation in line

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation. Consumer spending, adjusted for changes in prices, was little changed in September, according to Bureau of Economic Analysis data out Friday. That followed a downwardly revised 0.2% advance in August. The report was

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Senate Democrats want FHFA chief Pulte to testify by January

Senate Democrats are pressing their Republican colleagues to summon the Trump administration’s top housing regulator to Capitol Hill for questioning about his turbulent tenure overseeing the nation’s $13 trillion mortgage market.  Federal Housing Finance Agency Director Bill Pulte should be called to testify before lawmakers no later than the end of January, the Democratic members

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