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Ex-HUD staffer pleads guilty to false claim over remote work

A HUD employee has pleaded guilty to making false claims about her remote work activity, costing the government over $200,000.  Crissy Monique Baker, 45, of Fairfax, Virginia, will be sentenced in September to a single charge of fraud that allegedly occurred while she was employed by the Department of Housing and Urban Development between 2021 […]

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Bill offers first-time buyers up to $25K for down payment

A bill reintroduced in the House of Representatives could offer relief for millions of Americans struggling to afford their first home. The Downpayment Towards Equity Act, introduced by a group of Democrat lawmakers led by Rep. Maxine Walters D-Calif, would offer $100 billion in grants to help new homebuyers purchase their first home. The bill’s

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CFPB

Fintech group urges court to uphold CFPB’s open banking rule

Bloomberg News The Financial Technology Association filed a motion for summary judgment in federal court late Sunday, defending a final rule on consumer financial data rights that the Consumer Financial Protection Bureau under the Trump administration refused to uphold. The FTA said in a court filing that consumers cannot share their data without easy access

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