Freddie Mac, the country’s largest backer of apartment loans, is rolling out a new program that will offer lower-cost financing to owners who agree to cap rent increases for the life of their loans.
The Washington Post, August 6, 2018: In expensive cities, rents fall for the rich — but rise for the poor U.S. cities struggling with soaring housing costs have found some success in lowering rents this year, but that relief has not reached the renters most at risk of losing their housing. Nationally, the pace of rent […]
The Rent Relief Act proposed by US Democrats is a flawed but fascinating proposal.
The 30-year fixed-rate average climbed to 4.60 percent as trade tensions between the U.S. and Europe eased.
The opening credits of “Blindspotting” showcase the city of Oakland, Calif., in split-screen, offering two distinctive points of view. One side shows a vibrant multiracial culture living in a frequently beleaguered environment; the other a gentrifying city whose newest residents — young, white, start-up-happy, new-money types — seem eager to embrace the area’s “authenticity,” as long as their interactions with its longtime residents don’t involve any real discomfort.
Message to those in the news media who keep calling Donald Trump a “populist”: I do not think that word means what you think it means.
The Wall Street Journal, : Wells Fargo reaches $2.09 billion settlement over mortgage-backed securities Wells Fargo. agreed to pay $2.09 billion to settle with the Justice Department over the sale of toxic mortgage-backed securities during the financial crisis. The Justice Department said Wednesday it reached a civil settlement with Wells Fargo to end the long-running probe […]
A Kansas couple says Bank of America blocked access to the account they’ve had with the bank since the early 2000s after they ignored a form demanding proof of citizenship from the husband, who happens to be a native of Wichita.
The income share of the poorest half of Americans is declining while the richest have grabbed more. In Europe, it’s not happening.
