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CFPB: ‘Rental Assistance Finder’ Serves Landlords

Appraisal Buzz

And while the federal government has distributed some $46 billion in rental assistance to tenants and landlords across all 50 states plus D.C., that … The post CFPB: ‘Rental Assistance Finder’ Serves Landlords appeared first on DSNews.

Landlords 195
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Freddie Mac to include on-time rent in underwriting

Housing Wire

The government-sponsored enterprise said that it hopes to incentivize “responsible” renters to make a leap into homeownership. The government- sponsored enterprise added that additional requirements for submitting rent payment data to its underwriting system will be announced sometime in July.

Landlords 435
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White House, HUD and CFPB detail new actions and priorities to protect renters

Housing Wire

Multiple agencies across the federal government including the U.S. Also on Thursday in conjunction with the announcements, the CFPB released a blog post describing how “federal housing agencies strongly encourage landlords to provide tenants written notice of their rights.” “We HUD], the U.S.

Tenants 306
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Rent Control Does Not Work—So Why Does the Government Insist on Making Landlords Follow It?

BiggerPockets

Why are governments around the country so insistent on it, and why don't we learn our lessons? Rent control has been around for a long time, and it still doesn't work.

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D.C. real estate firms fined $10M for discrimination

Housing Wire

Racine filed the lawsuit against the companies in 2020, which accused the group of denying housing to low-income applicants using Section 8 vouchers and of imposing illegal fees and requirements for applicants with government housing vouchers. We’re sending a message to all landlords: If you follow this playbook, you will face consequences.”.

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Industry groups urge Biden to let CDC eviction ban sunset

Housing Wire

The limits allow tenants to raise a defense in court if they file a form with their landlord stating that they cannot pay rent, have lost income due to the pandemic, and promise to make partial payments. In March, the Government Accountability Office found that the CDC’s eviction limits may have had little impact on filings.

Landlords 447
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Rental assistance isn’t reaching at-risk tenants

Housing Wire

In a statement published on its website, the Treasury listed out a few clarifications for state and local agencies to help in divvying up cash to renters and landlords in need. The department stressed that “many grantees need to do more to urgently accelerate efforts to prevent harmful evictions of vulnerable families.”.

Tenants 435