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The Consumer Financial Protection Bureau has rescinded a 2020 advisory opinion that addressed criteria surrounding the administration of special-purpose credit programs at for-profit banks and other businesses.  Processing Content The move follows the CFPB’s decision in April to change language in Regulation B, which governs the Equal Credit Opportunity Act of 1974, eliminating the applicability […]

Key insight: President Trump canceled a White House ceremony to sign a housing bill passed by the House and Senate this week with broad bipartisan majorities.  Forward look: The bill passed with veto-proof majorities, but if the president neither signs nor vetoes the bill, it can languish indefinitely.  What’s at stake: The bill has a

Higher labor and material costs and rising interest rates, amid limited public funding and tax incentives are some of the pressure points raised by 156 affordable housing professionals who attended the U.S. Housing Community and Development Conference earlier this month. Those strains are forcing them to seek out more creative financing. Processing Content “Projects frequently