maxine-waters
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Maxine Waters Announces New Bill to Protect Homeowners with More FHFA Oversight

Maxine Waters, D-California and Ranking Member of the House Committee on Financial Services announced a new bill designed to raise the oversight for mortgage service companies who do business with the leading government sponsored agencies, Fannie Mae and Freddie Mac. On Monday, Maxine Waters introduced H.R. 6102, the Homeowner Mortgage …

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Where Should I Move if I Want to Avoid another Housing Meltdown

The mortgage crash and subprime crisis that was the cause of the 2008 recession battered millions of homeowners with plunge home values and dumped a lot of housing inventory on the market in once booming cities and made many mortgages go underwater. But for some cities in America, the last …

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Is the Bubble Going to Burst with Mortgage Rates Skyrocketing?

In the first quarter of 2018, sales of newly built homes dropped, and many mortgage experts say there is a clear culprit: mortgage interest rates. Signs are that buyers are unable to afford to buy the home they want. Higher rates, combined with losing some tax breaks after the Trump …

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Will Trump Admin Eliminate the Popular Energy Department Loan Programs?

March 19,2018 – Washington DC, –  Today, the Trump administration Monday proposed significantly cutting a handful of contentious loan and research programs at the Department of Energy (DOE). In his budget request for fiscal 2019, President Trump proposed gutting the energy loan programs them all last year. These programs were …