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U.S. House of Representatives

Bipartisan RESIDE Act aims to convert vacant spaces into housing

Affordability, Affordable housing, Congress, Housing Inventory, Politics, Real Estate, U.S. House of Representatives, U.S. Senate /

A bipartisan group of lawmakers has introduced legislation aimed at repurposing vacant buildings into affordable housing. Reps. Sam Liccardo (D-Calif.), Maria Salazar (R-Fla.), Johnny Olszewski (D-Md.) and Brian Fitzpatrick (R-Pa.) announced the Revitalizing Empty Structures Into Desirable Environments (RESIDE) Act — which would create a pilot grant program for communities to rehabilitate empty offices, malls, […]

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Trigger lead ban bill advances to Trump’s desk

Donald Trump, HWmember, LendingLife, Mortgage, Origination, Regulatory, Senate, Trump administration, U.S. House of Representatives, U.S. Senate /

The Homebuyers Privacy Protection Act (H.R. 2808) passed through the U.S. Senate with unanimous consent and without amendments late Saturday. The legislation gained approval from the U.S. House of Representatives earlier in June. The legislation is designed to enact a national prohibition on the misuse of trigger leads. Under this act, companies are prohibited from

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Bipartisan legislation aims to expand ADU financing

accessory dwelling units, Affordability, Affordable housing, Homebuilders, Housing Inventory, Housing Market, HUD, HWmember, Legislation, Mortgage Bankers Association, NAHB, Politics, U.S. House of Representatives /

A bipartisan bill introduced last week in the U.S. House of Representatives seeks to address the nation’s housing shortage by expanding financing options for accessory dwelling units (ADUs). Reps. Sam Liccardo (D-Calif.) and Andrew Garbarino (R-N.Y.) unveiled H.R. 4568 — the Supporting Upgraded Property Projects and Lending for Yards (SUPPLY) Act. The proposed legislation would

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House passes abusive trigger leads ban

HWmember, LendingLife, Mortgage, Mortgage Bankers Association, Origination, Regulatory, U.S. House of Representatives /

The U.S. House of Representatives unanimously passed the Homebuyers Privacy Protection Act (H.R. 2808) late Monday, bringing a national ban on abusive trigger leads one step closer to reality. The move was widely applauded by mortgage trade groups. The House’s action follows the U.S. Senate’s approval of a similar bill (S. 1467) on June 13.

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