The Department of Housing and Urban Development has created an office of sustainable housing that will work on improving energy-efficient homes and financing for such projects. The new Office of Sustainable Housing and Communities will also work with city, county and rural governments to locate housing near jobs, schools and transportation. To promote sustainability, OSHC will use a $50 million fund to invest in energy-efficient homes and buildings in order to "lay the groundwork for the clean energy economy," HUD said. As part of that effort, the office wants to improve on HUD's energy efficient mortgage products and other energy retro financing options. Shelly Poticha is the director of OSHC.
- AB - Policy & Regulation
Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that she believes price growth is still heading toward the central bank's 2% target when factoring out one-time shocks such as tariffs and elevated oil prices.
58m ago -
Consumers sued 11 more industry players in the past two months over alleged unwanted contact, as the pace of spam call class action cases increases.
5h ago -
Deephaven expanded its HELOC product for wholesale lenders, Attom launched an AVM model and First American added an AI assistant to its title platform.
May 28 -
The Canadian-American bank's first AI agent does the work of gathering any missing documents and verifying data for mortgage applications.
May 28 -
This is the fourth settlement MV Realty reached in the last two months over its controversial homeownership benefits program, which is now illegal in 33 states.
May 28 -
Mortgage payments climbed to a 10-month high in April as rates rose, but strong annual wage growth of 5.3% helped keep the MBA's affordability index nearly flat month to month.
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