The Louisville, Ky., metropolitan area has launched a local version of Freddie Mac's "Don't Borrow Trouble" campaign to help families avoid falling prey to scams and other unscrupulous lending practices.The campaign, headed by the Don't Borrow Trouble Louisville Metro Coalition, uses advertising and consumer education to alert the public about predatory lending, Freddie Mac said. Local residents can now call a hotline, at 502-736-9999, that will refer them for appropriate counseling on legal or housing questions. The lead agencies coordinating the campaign with Freddie Mac are The Housing Partnership and the Louisville Urban League. Freddie Mac began launching local "Don't Borrow Trouble" efforts in 2000. Freddie Mac can be found online at http://www.freddiemac.com.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A labor shortage is costing the market tens of thousands of new homes per year, and tariff uncertainty is adding thousands of dollars in expenses per unit.
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The pace of revenue growth slowed toward the end of 2024, with the trend continuing into the first three months of this year, NAHB reported.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% since April, Freddie Mac said.
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The firm, now going by Fairway Home Mortgage, said the change is a representation of plans to create a "connected ecosystem."
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