This week the Mortgage Bankers Association President and CEO Bob Broeksmit released the following statement on President Joe Biden's campaign proposal to cap rents nationally: "Increasing the supply of affordable rental housing nationwide - not politically-motivated and self-defeating rent control proposals floated during election campaigns - is the best way to alleviate affordability constraints for...

The U.S. Department of Housing and Urban Development (HUD) announced on Monday that it has charged lender Rocket Mortgage, two appraisal companies and one appraiser with allegedly issuing a biased valuation and denying a refinance loan to a Black homeowner in Denver.  The HUD accused appraiser Maksym Mykhailyna and his company, Maverick Appraisal Group, appraisal management company Solidifi U.S. Inc.,...

Just like a football team entering the red zone — the area of the field inside the opponent’s 20-yard line — should be extra cautious to avoid wasting a scoring chance, Americans who are nearing retirement should dial back aggressive investment strategies. That’s the advice of Kevin Wade, a financial planner with Centennial Advisors LLC, in a column published Monday by personal finance website...

In court documents filed last week, Official Partners co-founder Tal Alexander denied allegations that he participated in the sexual assault of an acquaintance, Angelica Parker, who claims in a lawsuit that Tal and younger brother Alon Alexander raped her while Alon’s twin brother, Oren Alexander, watched. The filing provides responses to the 48 paragraphs of accusations from Parker’s lawsuit, which...

President Joe Biden will propose on Tuesday a nationwide cap on rent hikes of 5% per year, according to The Washington Post, which cites “three people familiar with the matter.” The proposal will rescind unspecified tax breaks to landlords who raise rents by more than 5%, although it would only apply to landlords who own more than 50 rental units. This would cover roughly half of all rental units in...

CoStar Group continues to strengthen its executive team as the “portal wars” heat up. On Thursday, the firm announced the return of former vice president of investor and public relations, Richard Simonelli, after five years away from the firm, along with the promotion of Cyndi Eakin to chief accounting officer.  Simonelli is returning as CoStar’s new head of investor relations. Since leaving...

Ornate details and asymmetrical architecture combine to create instantly recognizable character. Getty Images / Mlenny Queen Anne is one of the most prolific housing styles of the Victorian era. From the narrow Painted Ladies of San Francisco (as seen in the Full House title sequence) to the sprawling Winchester Mystery House, Queen Anne homes both large and small can be found throughout the...

This beneficial kitchen gadget helps home cooks add a kick of seasoning to any dish. Better Homes & Gardens / Kristin Kempa If you cook at home, you know the importance of having seasonings for your dishes. While you may have several that you use often, pepper is likely one of the most commonly reached for. That being said, a reliable pepper grinder is an important kitchen tool to have on your...

The answer might be more frequent than you think. Getty Images / Chiociolla You have your linen laundering schedule under control, but forgetting to clean this one item might be compromising the cleanliness of your home. We’re talking about pillows, and according to Marla Mock of Molly Maid, they should be washed at least twice a year. Here, the cleaning expert sounds off on how to deal with...

Testing for colorfastness is simple and can be done using items you already have in your home. Getty Images / Kyryl Gorlov If you’ve ever read an article about the basics of doing laundry or watched an instructional Laundry 101 video, you’ve probably heard the term “colorfast"—and figured it has something to do with fabric dyes. But what exactly is colorfastness, and how do you test for...