Mortgage Bankers Oppose Biden Campaign’s Nationwide Rent Control Proposal

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...

HUD accuses Rocket, appraisal companies of discrimination

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.,...

As workers enter the retirement ‘red zone,’ they should opt for less investment risk

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...

Official Partners co-founder Tal Alexander denies rape allegations in court filing

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...

Biden to propose national rent hike cap of 5%

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...

Richard Simonelli returns to CoStar after five years away

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...

What Is a Queen Anne House? 7 Defining Elements of the Iconic Architecture Style

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...

The 8 Best Pepper Grinders of 2024 That Are Precise and Easy to Use

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...

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