Apply Online
Schedule a Call

Senate

One ‘Big Beautiful’ win: House advances budget bill for Trump’s signature

Congress, Donald Trump, House of Representatives, Housing Market, HWmember, Legislation, Low-Income Housing Tax Credit, Politics, Senate, Tax, Tax Cuts and Jobs Act /

President Donald Trump’s One Big Beautiful Bill Act is about to become law. The House of Representatives on Thursday voted to advance the budget reconciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legislation. The White House has scheduled […]

One ‘Big Beautiful’ win: House advances budget bill for Trump’s signature Read More »

What’s in Trump’s ‘Big Beautiful Bill’ for seniors?

Congress, House of Representatives, HWmember, Legislation, Low-Income Housing Tax Credit, Reverse, Senate, Tax, Trump administration /

President Donald Trump’s “Big Beautiful Bill” is headed back to the House for reconciliation after passing the Senate with a tiebreaking vote from Vice President JD Vance. The 1,116-page multitrillion-dollar bill contains some key changes for older Americans, including a senior bonus tax deduction that would offset taxes on Social Security. But the bill also

What’s in Trump’s ‘Big Beautiful Bill’ for seniors? Read More »

Housing industry cheers Senate passage of the ‘Big Beautiful Bill’

Congress, House of Representatives, Housing Market, HWmember, Legislation, Mortgage Bankers Association, National Association of Realtors, Politics, Senate, Tax, Trump administration /

Senate Republicans on Tuesday advanced President Donald Trump’s sprawling “Big Beautiful Bill” in a last-second flurry that required Vice President JD Vance to cast a tie-breaking vote. All 47 Senate Democrats voted against the bill, with Republicans Susan Collins, retiring Thom Tillis and Libertarian deficit hawk Rand Paul joining them. The bill now goes back

Housing industry cheers Senate passage of the ‘Big Beautiful Bill’ Read More »

Senate version of GOP tax bill makes key changes to housing, federal lands sections

Congress, Government Lending, House of Representatives, Housing Market, HWmember, Montana, Nevada, Politics, Republican Party, Senate, Utah /

Following its passage in the House of Representatives, the One Big Beautiful Bill Act — President Donald Trump’s signature domestic policy bill that includes tax reform provisions with major implications for the federal budget deficit — is going through a series of pronounced changes during the reconciliation process in the Senate. When a bill is

Senate version of GOP tax bill makes key changes to housing, federal lands sections Read More »

Federal Reserve watchdog investigates efforts to dismantle CFPB

CFPB, Elizabeth Warren, Federal Reserve, Housing Market, HWmember, Massachusetts, New Jersey, Politics, Regulatory, Senate /

As Trump administration officials press ahead with their efforts to dismantle and defund the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Office of the Inspector General (OIG) is reportedly opening an investigation into moves to fire the vast majority of CFPB and attempted cancellations of associated federal contracts. According to reporting by CNBC, the

Federal Reserve watchdog investigates efforts to dismantle CFPB Read More »

Nevada senator criticizes Republican federal lands proposal

Affordable housing, House of Representatives, Housing Market, HWmember, Legislation, Nevada, Senate, Utah /

As Republican lawmakers continue to press ahead with a proposal to sell wide swaths of federal land, one official in a state that would be impacted is ramping up her opposition to plans from both the Trump administration and her congressional colleagues. Democratic Sen. Catherine Cortez Masto of Nevada on Wednesday lambasted Department of the

Nevada senator criticizes Republican federal lands proposal Read More »

Senate confirms Andrew Hughes as HUD’s deputy secretary

Ben Carson, FHA, Ginnie Mae, Government Lending, Housing Market, HUD, HWmember, Scott Turner, Senate, White House /

Following his nomination for the role in March, the Senate on Tuesday confirmed Andrew Hughes as the deputy secretary of the U.S. Department of Housing and Urban Development (HUD) under Secretary Scott Turner. Hughes succeeds Adrianne Todman, who effectively served as HUD secretary for the final 10 months of the Biden administration. Todman left HUD

Senate confirms Andrew Hughes as HUD’s deputy secretary Read More »

Bipartisan Senate duo finds common ground on fighting wildfires

California, Climate Change, House of Representatives, Housing Market, HWmember, Legislation, Montana, Senate, Wildfire /

In the halls of U.S. democracy, bipartisanship is a difficult concept. But some topics seem more likely to warrant collaboration between Republicans and Democrats, especially when it comes to housing or housing-adjacent issues. One such issue is natural disasters, including wildfires. Two senators with different bases of support are uniting in their efforts to fight

Bipartisan Senate duo finds common ground on fighting wildfires Read More »

Potential picks for CFPB director after McKernan nomination pulled

Bloomberg, CFPB, Housing Market, HWmember, Politics, Regulatory, Regulatory Compliance, Senate, White House /

With notable bumps in the road and quickly changing priorities, the road ahead for the Consumer Financial Protection Bureau (CFPB) during the second Trump administration remains clouded. The White House previously nominated someone for the CFPB’s director position who is largely seen as ideal by housing organizations across party lines. But that nominee, Jonathan McKernan,

Potential picks for CFPB director after McKernan nomination pulled Read More »

Despite new veteran partial claim bill, some advocates call for VASP revival

Department of Veterans Affairs, House of Representatives, HWmember, Legislation, Mortgage, National Consumer Law Center, National Fair Housing Alliance, Senate, Servicing, Veterans /

Housing issues for U.S. veterans continue to be a major topic of conversation among housing advocates and lawmakers. Despite Monday’s passage of a bill to establish a partial claim option for veterans, some are still calling for the reinstatement of the Veteran Affairs Servicing Purchase (VASP) program. VASP was started last year under the Biden

Despite new veteran partial claim bill, some advocates call for VASP revival Read More »