Tag: Senator

Republican senator takes aim at Biden’s housing policies

While the U.S. Department of Housing and Urban Development (HUD) exists to facilitate the needs that Americans have for housing — needs that are challenged by affordability, inventory, mortgage rates and more — recent policies of the Biden administration have hindered affordability by focusing on climate-related housing issues instead of costs. This is according to [...]read moreRepublican senator takes aim at Biden’s housing policies

Senator inquiring about HMBS program clinches gubernatorial nomination

U.S. Sen. Mike Braun (R-Ind.), who recently submitted a series of questions to Ginnie Mae about its management of the Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program following the collapse of Reverse Mortgage Funding (RMF), clinched the Republican nomination for governor of Indiana on Tuesday night, according to The Associated Press and The Washington [...]read moreSenator inquiring about HMBS program clinches gubernatorial nomination

Ohio senator wants Biden to permanently ban Chinese EVs from U.S.

WASHINGTON — The chair of the Senate Banking Committee on Thursday urged President Joe Biden to block Chinese-made vehicles from the United States auto market, marking the strongest call yet for action against China’s automakers by a U.S. lawmaker. “I implore you to take bold, aggressive action and to permanently ban EVs produced by Chinese [...]read moreOhio senator wants Biden to permanently ban Chinese EVs from U.S.

Senator Ted Cruz Forces Amendment Into FAA Bill To Give Lawmakers Police Escorts Through Airports

Congress desperately needs to pass a bill to fund the Federal Aviation Administration for the next four years before a short-term funding extension runs out in May. It’s a big enough deal that even Republicans aren’t willing to roll the dice on whether or not air travel can safely continue without reauthorizing the FAA. That [...]read moreSenator Ted Cruz Forces Amendment Into FAA Bill To Give Lawmakers Police Escorts Through Airports

Indiana senator explains his inquiries into reverse mortgages

Late last week, Indiana Sen. Mike Braun (R) submitted a letter to Ginnie Mae president Alanna McCargo asking about what he identified as recent bouts of instability in both the Home Equity Conversion Mortgage (HECM) and HECM-backed Securities (HMBS) programs, which stemmed from the collapse of a major lender and challenges that Ginnie Mae has [...]read moreIndiana senator explains his inquiries into reverse mortgages

Joe Lieberman, Anti-Video Game Violence Senator, Dead At 82

Joe Lieberman, a former U.S. senator who crusaded against violence in video games, has passed away at 82. According to a statement from his family, he suffered “complications from a fall.” Unboxing The Baldur’s Gate 3 Collector’s Edition Lieberman, who was the Democratic vice presidential nominee alongside Al Gore in 2000, made waves early in [...]read moreJoe Lieberman, Anti-Video Game Violence Senator, Dead At 82

Indiana senator seeks information on HECM stability, calls for ‘congressional scrutiny’

The Home Equity Conversion Mortgage (HECM) program faces stability and viability challenges stemming from the 2022 collapse of a major industry lender and its extinguishment from the HECM-backed Securities (HMBS) program, which could warrant congressional scrutiny if these challenges are not properly addressed by the U.S. Department of Housing and Urban Development (HUD) and Ginnie [...]read moreIndiana senator seeks information on HECM stability, calls for ‘congressional scrutiny’

Oldest US Senator Chuck Grassley admitted to hospital over infection

The long-time Iowa legislator is receiving antibiotic infusions in his home state of Iowa. Source link