CFPB: Don’t Let Marketers Tell You How to Age in Place
We often hear that older Americans want to “age in place.” Aging in place means living at home in the community, rather than in an institutional setting, like a nursing facility. This is the choice most people want to make even if they need services and support to do so. With over ten thousand people…
ABA: Statement on House Vote on Arbitration Rule a Win for Consumers
By Rob Nichols, ABA president and CEO “We applaud members of the House for taking a stand on behalf of consumers by voting to overturn the CFPB’s arbitration rule. Today’s action is critical to ensuring the Bureau doesn’t provide trial lawyers with a regulatory windfall at consumers’ expense. “In class-action lawsuits, the spoils go…
FHFA: House Price Index Up 0.4 Percent in May
Washington, D.C. – U.S. house prices rose in May, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.7 percent increase in April was revised downward to reflect a 0.6 percent increase. The FHFA monthly HPI is calculated using…
CFPB: Try One Thing This Summer to Grow Your Child’s Money Skills
Your children go to school to learn math, reading, history, and more. But all year round, they’re absorbing money habits, skills, and attitudes from you. This summer, we challenge you to try one thing that encourages money conversations with your kids. This chart shows ways you can help your children build money skills that can…
HUD: East Baltimore Redevelopment Earns 2017 HUD Secretary’s Award for Historic Preservation
WASHINGTON – For years, dozens of historic rowhouses in an East Baltimore neighborhood sat vacant, boarded up and crumbling from neglect while nearby families were in need of affordable housing. Then, a $9.3 million redevelopment project rehabilitated 32 vacant rowhouses into beautiful affordable housing homes complete witha coffee shop and a workforce development center inside…
SBA: Ignite Tour Blazes Across Country
WASHINGTON, D.C. – Administrator Linda McMahon, the head of the U.S. Small Business Administration, today announced the SBA Ignite Tour—a national outreach campaign aimed at fueling small businesses with tools and resources to grow their companies and create more American jobs. McMahon will tour more than 60 cities in two years. Throughout the tour McMahon…