HUD Restores 'Discriminatory Effects' Rule

HUD Restores 'Discriminatory Effects' Rule

Department to rescind 2020 Fair Housing Act rule and restore 2013 policy to eradicate discriminatory practices from housing market.
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Banking isn't the only 'single point of failure' entrepreneurs should be rethinking

Silicon Valley Bank's collapse reminds us of the entrepreneurial art of balancing ambitious risk and necessary caution.
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Hometown Life staff wins 13 Michigan Press awards in statewide news contest

… Farmington Hills look at walkable real estate trends to attract younger residents,” which detailed local trends toward mixed-use developments.
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Granite Point Mortgage Trust Inc. Announces First Quarter 2023 Common and Preferred …

Granite Point Mortgage Trust Inc. is a Maryland corporation focused on directly originating, investing in and managing senior floating-rate commercial
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Is the Rental Market Finally Softening? | Real Estate | U.S. News

Real estate is local, of course, so not all markets will see these same trends. In Cleveland, Ohio, for example, rents are down a full percentage
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SVB's Failure A Lending Lesson For Clean Energy Developers – Law360

SVB was a major player in the renewable energy and clean technology lending space, including project finance deals, traditional credit facilities
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Mohamed El-Erian says banks need tighter lending standards to avoid more chaos | Fortune

“The expectation is you better tighten your lending standards both for your own reasons and because there is going to be more regulations coming your
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Mortgage Rates Fall After SVB Failure, But Is It Safe To Buy A House Now?

The average 30-year mortgage interest rate fell from 6.73% to 6.6% this … rates for 30-year mortgage loans reached a record low of 2.7% at the
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CNBC Daily Open: After First Republic rescue, the banking crisis looks contained (again)

First Republic Bank will receive billions in deposits from 11 other banks. Credit Suisse will borrow billions from the Swiss National Bank.
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Sharon Stone Says She Lost “Half My Money” in Bank Collapse – The Hollywood Reporter

Sharon Stone Says She Lost “Half My Money to This Banking Thing,” Breaks Down in Tears During Speech. The actress said “this is not an easy time
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SVB Collapse Rocks California Housing Market as House Prices to Bottom Out – Newsweek

California realtors hope that the implosion of SVB will lead to mortgage rates cooling down, bringing sales back up in the state.
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Impact of Regional Banking Crisis Threatens CMBS Loans – Commercial Observer

Several regional banks now at risk serve as office tenants in properties backing expensive commercial mortgage backed securities.
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Wall Street falls on banking crisis worries | Reuters

Wall Street's main indexes fell on Friday as investors remained wary about a potential banking crisis even as the country's largest banks came to
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Drop in housing market has retirees seeking shelter – InvestmentNews

Higher mortgage rates have caused housing prices to move lower, which could send some retirees running for shelter.
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NAHB Appoints The NRP Group's Debra Guerrero Chairwoman of Affordable Housing … – WVNews

(Photo: Business Wire). The Affordable Housing Group (AHG) strives to build expertise in affordable housing policy, with a focus on 4% and 9%
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Banking goes back to the 1920s | Financial Times

Banks have tapped $12bn of liquidity from the Fed's brand-new Bank Term Funding Program, or BTFP, according to the latest H.4.1. release. They had
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Need to move, but don't want to give up your low mortgage rate? Consider this – KARE 11

MINNEAPOLIS — For more than a decade, average mortgage rates had been at historic lows. But as anyone wanting to buy a home knows, within the last
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ABOR president: housing market 'trending in the right direction' – The Business Journals

Housing inventory was up again in February, and ABOR President Ashley Jackson explains why that's a good thing.
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Today's best mortgage deal? 15-year rates are the lowest available at 5.49% | March 17, 2023

Check out the mortgage rates for March 17, 2023, which are trending up from yesterday.
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Update on housing market, from Honolulu Board of Realtors President | Video | kitv.com

Live in studio at KITV4 is Honolulu Board of Realtors President Fran Villarmia-Kahawai.
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