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PAVE task force 2.0? Senate Democrat introduces appraisal bias legislation

Appraisals, Appraisals and Valuations, DEI, Discrimination, HWmember, Legislation, Mortgage, Regulatory, Senate, Trump administration /

The Trump administration has “effectively disbanded” the interagency Property Appraisal and Valuation Equity (PAVE) task force, but a Democratic senator wants to revive it. Raphael Warnock of Georgia introduced the Appraisal Modernization Act on Thursday. The legislation seeks to address systemic bias in the appraisal process, effectively writing into law many of the measures the […]

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House Democrats push back on crypto legislation with ‘anti-corruption’ efforts

Congress, Cryptocurrency, Democratic Party, Donald Trump, House of Representatives, HWmember, Legislation, Maxine Waters, Mortgage, Politics, Senate /

Congresswoman Maxine Waters (D-Calif.) and Congressman Stephen Lynch (D-Mass.), announced on Friday that next week will be known as “Anti-Crypto Corruption Week.” During this time, they plan to rally Democrats to push back against Republican efforts to fast-track three pieces of legislation related to cryptocurrency — the “Clarity Act,” the “GENIUS Act” and a bill

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Trade groups applaud Jonathan Gould’s confirmation to OCC

Bob Broeksmit, Cryptocurrency, HWmember, Mortgage, Mortgage Bankers Association, Office of the Comptroller of the Currency, Regulatory, Senate, Trump administration /

On Thursday, the U.S. Senate confirmed Jonathan Gould as head of the Office of the Comptroller of the Currency (OCC) in a 50-45 vote. The confirmation marks another Trump administration appointee who supports more lenient oversight of the banking sector and a more welcoming stance toward cryptocurrency. Gould previously held roles at the OCC during

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NAR celebrates passage of the ‘Big Beautiful Bill’

Data & Visuals, Donald Trump, House of Representatives, HWmember, Legislation, Low-Income Housing Tax Credit, National Association of Realtors, Opportunity Zones, Real Estate, Senate, Tax /

The National Association of Realtors (NAR) praised the narrow passage of President Donald Trump’s One Big Beautiful Bill Act — a sweeping tax reform measures that includes a slate of real estate-related provisions. Last week, the legislation passed the House of Representatives by a vote of 218-214, which followed a 50-50 vote in the Senate

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One ‘Big Beautiful’ win: House advances budget bill for Trump’s signature

Congress, Donald Trump, House of Representatives, Housing Market, HWmember, Legislation, Low-Income Housing Tax Credit, Politics, Senate, Tax, Tax Cuts and Jobs Act /

President Donald Trump’s One Big Beautiful Bill Act is about to become law. The House of Representatives on Thursday voted to advance the budget reconciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legislation. The White House has scheduled

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What’s in Trump’s ‘Big Beautiful Bill’ for seniors?

Congress, House of Representatives, HWmember, Legislation, Low-Income Housing Tax Credit, Reverse, Senate, Tax, Trump administration /

President Donald Trump’s “Big Beautiful Bill” is headed back to the House for reconciliation after passing the Senate with a tiebreaking vote from Vice President JD Vance. The 1,116-page multitrillion-dollar bill contains some key changes for older Americans, including a senior bonus tax deduction that would offset taxes on Social Security. But the bill also

What’s in Trump’s ‘Big Beautiful Bill’ for seniors? Read More »

Housing industry cheers Senate passage of the ‘Big Beautiful Bill’

Congress, House of Representatives, Housing Market, HWmember, Legislation, Mortgage Bankers Association, National Association of Realtors, Politics, Senate, Tax, Trump administration /

Senate Republicans on Tuesday advanced President Donald Trump’s sprawling “Big Beautiful Bill” in a last-second flurry that required Vice President JD Vance to cast a tie-breaking vote. All 47 Senate Democrats voted against the bill, with Republicans Susan Collins, retiring Thom Tillis and Libertarian deficit hawk Rand Paul joining them. The bill now goes back

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Senate version of GOP tax bill makes key changes to housing, federal lands sections

Congress, Government Lending, House of Representatives, Housing Market, HWmember, Montana, Nevada, Politics, Republican Party, Senate, Utah /

Following its passage in the House of Representatives, the One Big Beautiful Bill Act — President Donald Trump’s signature domestic policy bill that includes tax reform provisions with major implications for the federal budget deficit — is going through a series of pronounced changes during the reconciliation process in the Senate. When a bill is

Senate version of GOP tax bill makes key changes to housing, federal lands sections Read More »

Federal Reserve watchdog investigates efforts to dismantle CFPB

CFPB, Elizabeth Warren, Federal Reserve, Housing Market, HWmember, Massachusetts, New Jersey, Politics, Regulatory, Senate /

As Trump administration officials press ahead with their efforts to dismantle and defund the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Office of the Inspector General (OIG) is reportedly opening an investigation into moves to fire the vast majority of CFPB and attempted cancellations of associated federal contracts. According to reporting by CNBC, the

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Nevada senator criticizes Republican federal lands proposal

Affordable housing, House of Representatives, Housing Market, HWmember, Legislation, Nevada, Senate, Utah /

As Republican lawmakers continue to press ahead with a proposal to sell wide swaths of federal land, one official in a state that would be impacted is ramping up her opposition to plans from both the Trump administration and her congressional colleagues. Democratic Sen. Catherine Cortez Masto of Nevada on Wednesday lambasted Department of the

Nevada senator criticizes Republican federal lands proposal Read More »

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