Tag Archives: House Financial Services Committee

A rule aimed at modernizing the Community Reinvestment Act received sharp criticism for weakening the act.

The Housing Financial Services Committee held a roundtable discussion on how the pandemic has impacted homeowners, and how minorities have been “disproportionately” affected.

Maxine Waters said she is “very concerned that the banks’ pattern of harming its consumers appears to persist” during a hearing on Tuesday. Click through to read more.

Click through to read more on the proposed changes to the Community Reinvestment Act presented by the Office of the Comptroller of the Currency.

The House Financial Services Committee will hold a hearing on January 29 to further discuss the bill

The National Fair Housing Alliance estimates that 4 million acts of housing discrimination occur each year. How would propose changes impact borrowers?

Legislation would invest $10 billion in eliminating zoning requirements and other factors that “limit affordable housing development.”

The House Financial Services Committee heard testimony on the struggles that many face applying for homes, lending, and even seeking shelter.

Coming in The Week Ahead are reports on vacancies and homeownership, pending home sales, and a hearing on LGBTQ discrimination in housing.

Several witnesses provided testimony on personal stories, struggles, and ways businesses can build a successful and diverse workforce.