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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 ...
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President Joe Biden signed the bill into law later Saturday morning. The passage of the package came after President-elect Donald Trump torpedoed a bipartisan agreement struck earlier in the week.
President Joe Biden signed into law the short-term funding bill on Saturday, according to a release from the White House. Biden signed the bill this morning after lawmakers sent it to his desk ...
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.
President Biden has signed legislation passed by Congress on Friday to prevent a government shutdown, as questions shift to Speaker Mike Johnson’s future. The government-funding legislation was ...
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Biden appointed Landrieu and then-United States National Economic Council chief Brian Deese as the task force co-chairs. [133] [134] [135] In May 2022, the Biden administration published a manual on the use of the law, aimed mainly at local authorities. The manual briefly describes the over 350 programs included in the law.