Older Americans have the AARP to advocate on their behalf.Now, a group of housing industry veterans has launched a similar organization with the stated goal of looking out for the interests of homeowners.
Yesterday's Senate confirmation of Richard Cordray as the undisputed head of the Consumer Financial Protection Bureau (CFPB) not only solidifies his status, but that of the bureau itself and the actions it has taken over the past two years.
The Obama administration is working to boost mortgage lending to borrowers with less-than-perfect credit, using a coordinated effort among federal agencies and lenders, the Washington Post is reporting.
A group of state attorneys general are calling for the replacement of Federal Housing Finance Agency head Edward DeMarco, saying his refusal to allow mortgage principle reductions is unduly prolonging the foreclosure crisis.
Two tax protections for mortgage borrowers were extended for at least another year as part of the fiscal cliff agreement approved by Congress, while the mortgage interest deduction itself went untouched.