With less than two weeks until the midterm elections, the Trump Administration rolled out an executive order (EO) aimed at making some housing costs more affordable. The mortgage industry welcomed some of the proposals, such as mortgage insurance cancellation for homeowners and reducing interest rates on some federally backed loans, but the general feeling is…
The long-debated 21st Century ROAD to Housing Act made it past its final vote in Congress when the House approved the omnibus bill by a 358-32 vote last night. However, on its last leg to passage, it hit a snag when President Donald Trump announced on social media this morning that he was canceling the…
Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Housing omnibus bill one step closer to passage The U.S. Senate has advanced the latest version of the omnibus 21st Century ROAD To Housing Act by a vote of 87-8. A roll-call vote to…