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☆ Trump slams indictment, calls indict ment 'political persecution and election interference'
▼ + stars: | 2023-03-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump slams indictment, calls indict ment 'political persecution and election interference'Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Mick Mulvaney, former White House chief of staff, Renato Mariotti, former federal prosecutor, and former HUD chief Julian Castro join the show as a panel to discuss the indictment against Donald Trump.

Individuals who receive monthly SSI benefits are subject to income and asset resources set by the Social Security Administration. Those receiving SSI may worry that buying a house will make them ineligible for benefits, since SSI limits how much recipients can have in assets. So, SSI recipients can buy a house on SSI without losing their benefits. SSI benefits are capped at $914 per month for an individual and $1,371 for married couples who both receive SSI. Mortgages, programs, and other resources that can help SSI recipients purchase a homePreparing for a home purchase without losing your SSI benefits is typically very challenging.

☆ Kansas City Mayor Quinton Lucas talks President Biden, infrastructure funding, and governing without gridlock at the local level: 'We've got to get stuff done'
▼ + stars: | 2023-02-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +8 min

Kansas City Mayor Quinton Lucas strives for collaboration as he works on tough policy issues. And he looks at Kansas City — whose Chiefs won Super Bowl LVII earlier this month — as an example of resiliency. What have been some of the most tangible and immediate benefits of the law for Kansas City? Mayor Lucas speaks during the Kansas City Chiefs' victory celebration in Kansas City, Missouri, on February 15, 2023. In Kansas City, we've said: "How do we keep talking to people even if everybody's mad at each other in the room?"

The HUD is cutting annual mortgage insurance premiums on FHA mortgages from 0.85% to 0.55% for most new borrowers. The new FHA mortgage insurance rates are set to go into effect on March 20. But in March, FHA borrowers will be able to take advantage of lower annual mortgage insurance rates. New FHA MIP chartThese lower annual MIP rates will be available to those getting a new FHA mortgage on or after March 20, 2023. When getting an FHA mortgage, borrowers pay both an upfront and annual mortgage insurance fee.

☆ Biden admin cuts some mortgage fees amid housing affordability crisis
▼ + stars: | 2023-02-22 | by ( Anna Bahney | ) edition.cnn.com time to read: +7 min

The move affects mortgage insurance premiums paid by new borrowers who take out loans insured by the Federal Housing Administration. But for homebuyers struggling to enter the housing market, there are some loans like FHA that come with required mortgage insurance. But for borrowers unable to enter the housing market another way, FHA loans can often be the cheapest option. In addition, only a fraction of all home sales are financed with FHA loans. Only 811,362 out of 5.7 million purchase loans originated in 2021 were FHA loans, or about 14.3%, according to HUD.

☆ Low-income renters are frustrated by Biden's new plan to make housing more affordable because they don't think it does enough to combat surging rents
▼ + stars: | 2023-02-04 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +6 min

The White House outlined actions it's taking to protect tenants amid rising rents and evictions. Tenants' groups told Insider that they wanted decisive legal and financial action from the president. In addition to that, the White House also published a "Blueprint for a Renters Bill of Rights," endorsing fair housing practices and a tenants' right to organize. "On the one hand, we are encouraged that the White House has released this Blueprint as a statement of values," Martin said. "As a blueprint, the document's statements don't do anything to materially help improve conditions for renters," he said.

☆ Biden administration unveils rent protections
▼ + stars: | 2023-01-25 | by ( Anna Bahney | ) edition.cnn.com time to read: +9 min

Washington, DC CNN —In response to rent payments soaring across the country in recent years, the Biden administration unveiled new actions Wednesday to protect tenants, make renting more affordable and improve fairness in the rental housing market. The agencies involved include the Federal Trade Commission, the Consumer Financial Protection Bureau, the Federal Housing Finance Agency, the Department of Housing and Urban Development and the Department of Justice. The FHFA will initiate a process to examine limits on egregious rent increases and proposals for renter protections for future investments. The administration also set out its guiding principles in its “Blueprint for a Renters Bill of Rights,” which, while not enforceable, aims to underscore protections the administration says every renter deserves. Meanwhile, others in the housing industry say that this kind of federal involvement in housing policy serves to increase housing costs.

If you're thinking about buying a foreclosed home, here's everything you'll need to know. With a short sale, you'll be buying the home from the owner, but the lender will need to agree to the amount. It depends on the type of foreclosure you're buying. If you're buying a foreclosure at auction, you'll need to attend the auction and make a high enough bid to get the home. If you're considering buying a foreclosure, you need to be prepared to do a lot of research and learn everything you can about the process.

☆ Biden releases plan to reduce homelessness as numbers match pre-pandemic
▼ + stars: | 2022-12-19 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

Homelessness among veterans, for example, has plummeted as a result of federal leadership, and the country has also made inroads among youth, she said. The federal plan highlights racial and other disparities that have led to inequity in homelessness. The administration also announced a program to have federal agencies work with local officials to reduce unsheltered homelessness in select cities that have not yet been named. Homelessness has become a major political issue, especially in the nation’s biggest cities and on the West Coast. The local reports compiled into the national data showed the numbers rose some places and fell in others.

☆ Trump's White House blocked government websites aimed at helping Americans vote, fighting human trafficking, easing homelessness, and stopping fraud, federal records show
▼ + stars: | 2022-11-20 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +13 min

Federal agencies asked the Trump White House to approve dozens of new ".gov" websites. Such custom ".gov" website domains enhance government agencies' ability to effectively provide and market services to an American public that's all but universally connected to the internet. On December 23, 2019, the CIA asked Trump's White House to approve the website domain DataTransport.gov. Chiu/APBlock and delayIn at least one case, Trump's White House denied a website request — the United States Agency for International Development-sponsored ProsperAfrica.gov — that Biden's White House later approved. In March 2021, Office Management and Budget officials denied Insider's FOIA request, stating that "no responsive records were located."

☆ A 'once in a lifetime opportunity, bigger than 2008': A real estate investor who owns 109 properties shares 5 tips to take advantage of a coming 20% correction in the housing market
▼ + stars: | 2022-11-10 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

After the expenses were paid, which included the principal, interest, and taxes, each property cash flowed between $250 to $400. As of September, the median existing-home median sales price had dropped 7% from its peak in June to $384,800, according to the National Association of Realtors. Additionally, high inflation will mean people are less able to afford buying property, Hanson said. Tips to take advantage of the coming downturnOver time, real estate always recovers — and that's what Hanson is willing to bet his cash on. You also want to stay below the market median for the area you're buying in, he added.

☆ A 25-year-old built a 'tiny hotel' in Texas that's generated $500,000 in bookings this year. Check out the $3.1 million property.
▼ + stars: | 2022-10-18 | by ( Kiera Fields | ) www.businessinsider.com time to read: +9 min

French bought a small plot of land and built a "tiny hotel" made up of seven cabins. In March 2021, he bought a 5-acre plot that would become Live Oak Lake. Live Oak Lake has generated more than $500,000 in bookings since its opening, as indicated by screenshots of Airbnb and Stripe dashboards reviewed by Insider. At the time, he projected that the construction costs of building his tiny hotel would come to about $1.6 million. Isaac FrenchIn addition to the seven identical cabins, Live Oak Lake has a common area with a small dock, picnic tables, paddleboards, and kayaks.

☆ Tampa tenant facing eviction stays put, fearing landlord won’t let him back in after storm passes
▼ + stars: | 2022-09-28 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Courtesy Kenny Lofton“I’m home packing my belongings,” Lofton told NBC News. But he is also facing eviction Friday because, with rising prices, his government housing assistance is no longer enough to pay the rent. And in cities like Tampa, the demand for affordable housing is high but the supply is limited. And he was told the complex would no longer be accepting Section 8 federal housing vouchers. Lofton said he received multiple extensions from the landlord during which he tried and failed to find another place to rent.

Homebuyers can receive mortgages, down-payment assistance, and tax credits through the Kentucky Housing Corporation. Most first-time homebuyer programs are through the Kentucky Housing Corporation (KHC), although there are a few additional options. KHC Conventional Preferred Plus 80The KHC Conventional Preferred Plus 80 Program is similar to the regular Conventional Preferred Program, with two key differences. Kentucky down payment assistance programsKHC Regular Down Payment Assistance ProgramThe Regular DPA Program can be combined with either of the aforementioned KHC mortgages. Other Kentucky first-time homebuyer programsKHC Home Buyer Tax CreditThe Mortgage Credit Certificate (MCC) helps first-time homeowners save money on taxes.

The North Dakota Housing Finance Agency offers assistance programs to both first-time and repeat homebuyers. In North Dakota, you may qualify for aid through the North Dakota Housing Finance Agency (NDHFA). North Dakota first-time homebuyer loansTo qualify for a home loan through the NDHFA, you must contribute at least $500 upfront. NDHFA North Dakota Roots programThe North Dakota Roots mortgage is for both first-time and repeat homebuyers. When asking about options, ask your lender if assistance can be combined with any North Dakota state programs.

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