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Governor Ron DeSantis awaiting Florida ethics bill The legislation hasn’t yet been sent to DeSantis. But that will happen in the coming weeks, with the governor having 15 days to act after ...
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He vetoed SB 284, a popular, bipartisan bill that would have allowed state agencies to increase the number of electric vehicles in their fleets, a measure that could have potentially saved the ...
In May 2023, NBC News reported that staff for the DeSantis administration sent text messages soliciting donations from Florida lobbyists, a potentially legally strenuous maneuver. [189] During a campaign effort in the border city of Eagle Pass, Texas , DeSantis shared a photo op of himself posing in front of a helicopter on Twitter. [ 190 ]
The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.
It is disputed whether the act was a mitigating or contributing factor in the savings and loan crisis of the late 1980s. [1] The bill, whose full title was "An Act to revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans," was a Reagan ...
The Biden administration is expanding its crackdown on junk fees, this time setting its sights on the mortgage industry. The Consumer Financial Protection Bureau (CFPB) cited a particular concern ...
FHA also was tasked with chartering and regulating a national mortgage association that would buy and sell FHA-insured mortgages. In 1938, Congress amended the act to create the Federal National Mortgage Association, more commonly known as "Fannie Mae", to help mortgage lenders gain further access to capital for mortgage loans.