The National Housing Conference has announced that Jeffrey Lubell is the new executive director of its research arm, the Center for Housing Policy.An expert in housing and community development, Mr. Lubell previously worked at the Department of the Housing and Urban Development as the director for policy development. "You are going to see a much stronger and more robust Center for Housing Policy under director Jeff Lubell," NHC president Conrad Egan said. After Hurricane Katrina, Mr. Lubell authored a discussion paper for NHC advocating the use of a land bank to help New Orleans rebuild its housing stock, which was devastated by flooding. Rep. Richard Baker, R-La., incorporated a similar concept into his Louisiana Recovery Act bill (H.R. 4100), which is pending in Congress. "We were pleased to see the Baker bill passed the House Financial Services Committee," Mr. Egan said. NHC, which is celebrating its 75th anniversary this year, will continue to push for its enactment, he added.
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The investment property owner says she was stonewalled and humiliated by BofA's loan officers, and that an error-riddled appraisal was short by over $70,000.
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An independent auditor raised "substantial doubt" about the company's viability as it may not be able to extend forbearance deadlines on massive debts.
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The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
April 21 -
Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
April 21 -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
April 21 -
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
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