The National Association of Realtors has installed a new president and other leaders.
Democratic senators have asked the Consumer Financial Protection Bureau (CFPB) to take concrete steps to reform the credit reporting industry. The senators urged CFPB Director Rohit Chopra to use the CFPB’s existing supervisory, rulemaking, and enforcement authority over the largest nationwide consumer reporting agencies.
The Department of Housing and Urban Development (HUD) will provide $13.6 million in American Rescue Plan funding to conduct fair housing enforcement and education and outreach activities related to the COVID-19 pandemic. Among the activities that will be conducted by the organizations is addressing discriminatory practices in underserved communities.
The Department of Justice has launched a Combatting Redlining Initiative to prevent the illegal practice in which lenders avoid providing services to individuals living in communities of color. The new initiative represents the department’s most aggressive and coordinated enforcement effort yet to address redlining.
The Department of Housing and Urban Development has awarded $15.7 million to 18 universities, public health and housing organizations to conduct housing-related hazard and energy efficiency research studies. The research grants will aim to identify and improve methods for detecting and controlling lead and other housing-related health and safety hazards.
The Federal Housing Administration has announced new and extended COVID-19 relief options for borrowers struggling to make their mortgage payments because of the pandemic and for senior homeowners with Home Equity Conversion Mortgages who need assistance to remain in their homes.
The Financial Crimes Enforcement Network (FinCEN) will host a special virtual FinCEN Innovation Hours Program on Oct. 14 focusing on the important role of digital identity to enhance financial services inclusion while supporting efforts to counter illicit activity. FinCEN encourages participation by companies developing technologies, solutions, or partnerships supporting the broad adoption of digital identity for multiple purposes within the financial services industry.
The Department of Housing and Urban Development has awarded $47.4 million to fair housing organizations across the country under its Fair Housing Initiatives Program.The grants will support the efforts of 120 national and local fair housing organizations working to address violations of the Fair Housing Act.
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