Senate Democrats press FHFA on crypto use in mortgages

Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully. In a letter addressed to FHFA Director Bill Pulte, the senators reacted to his social media p
Read MoreBright MLS: Housing market shifts toward necessity, balance

The U.S. housing market is entering a new phase defined less by competitive bidding and more by financial stress and practical necessity, according to a second-quarter Bright MLS agent survey released Friday. The findings reveal a marked departure from previous years’ demand-driven trends, with both
Read MoreNearly two-thirds of seniors are unhappy with Social Security checks

Nearly two-thirds of retirees are dissatisfied with Social Security benefits, according to a new survey conducted by The Senior Citizens League (TSCL). The average monthly Social Security check reached north of $2,000 this year, according to the survey, with just 10% of the 1,920 respondents saying
Read MoreLawmakers voice support for FHFA’s adoption of VantageScore 4.0

Nearly two dozen members of Congress recently sent a letter to Bill Pulte, director of the Federal Housing Finance Agency (FHFA), that supports his decision to accept VantageScore 4.0 credit scores for mortgages purchased by Fannie Mae and Freddie Mac. The lawmakers, led by Rep. Mike Flood (R-Neb.),
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