After decades of resistance, Carmel-by-the-Sea is about to address some of its residents’ biggest frustrations. Quite literally. The moneyed little town, where homes and businesses have no street addresses, soon will have... Read more »
Although the National Association of Realtors (NAR) is grateful for the White House’s focus on the nation’s affordable housing crisis, the trade group was not thrilled about remarks President Joe Biden made... Read more »
The housing priorities outlined by the White House and President Joe Biden last week before and during the State of the Union address are crucial for alleviating a serious burden facing many... Read more »
Tucked alongside a large dorm building on the fringes of Woodbury University’s campus in Burbank is a small but very eye-catching house. The 425-square-foot home is contained by a gently curving concrete... Read more »
The Financial Stability Oversight Council (FSOC), established in the aftermath of the 2008 recession, plays a pivotal role in identifying and addressing risks to the U.S. financial system. In its latest annual... Read more »
There was rampant speculation after the Federal Open Market Committee (FOMC) meeting last week about the timing and number of interest rate cuts this year. In a follow-up interview on 60 Minutes... Read more »
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has made the rounds this week on Capitol Hill, providing testimony to Congress in their semi-annual reviews of the CFPB. On Thursday, Chopra took... Read more »
The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. However, persistently high mortgage rates currently straining affordability prospects will limit what the Bureau can accomplish.... Read more »