President Trump

Dodd-Frank Reform Could Make It Easier to Get a Mortgage

June 2nd, 2018
(TNS)—It should be easier for you to get a mortgage now that President Donald Trump has signed legislation that will lift lending restrictions on community banks. Congress on Tuesday voted in favor of rolling back Dodd-Frank banking rules, and Trump...

Americans ‘Concerned’ About Homeownership in Light of Tax Bill

December 21st, 2017
Americans are concerned about homeownership in response to the Tax Cuts and Jobs Act, according to new realtor.com® research. The legislation, awaiting President Trump’s signature (at press time), passed on Wednesday this week. More than one-third (36.2 percent) of respondents...

Trade Concerns Unwarranted? Chinese Foreign Investment in Real Estate to Remain on Track

April 10th, 2018
Fears over a growing trade war between the U.S. and China have been escalating over the past month, prompted by President Trump’s plans to impose a tax on steel and aluminum from China and other countries. Both sides have threatened...

House Republicans Pass Tax Bill, Real Estate Industry Continues Fight for Homeowners

November 16th, 2017
After much conversation revolving around tax policy, and anticipation from the Republican Party to successfully pass tax legislation by end of year, House Republicans passed their controversial tax overhaul plan in a successful 227-205 vote. President Donald Trump visited Capitol...

Real Estate Industry Sounds Off on Trump Tax Plan

April 27th, 2017
President Trump’s proposed tax plan has been met largely with disapproval from the housing industry, with several constituents concerned about a change that would double the standard deduction—and, in effect, invalidate the tax benefits of owning a home. “For roughly...

Trump Administration Proposes 2018 HUD Budget

May 24th, 2017
The Trump Administration on Tuesday announced its 2018 proposed budget for the U.S. Department of Housing and Urban Development (HUD), scaling back funding to the agency approximately 13 percent to $40.68 billion. The proposed budget preserves rental assistance for 4.5...

Plan B for Trump’s ‘Big Number’ on Dodd-Frank Bypasses Democrats

February 6th, 2017
(TNS)—Donald Trump faces a major hurdle in fulfilling his pledge to do a “big number” on the Dodd-Frank Act: persuading enough Democrats to go along. That’s why Republican lawmakers say they are considering a backup plan for dismantling parts of...

Carson Confirmed to Lead HUD

March 2nd, 2017
The U.S. Senate issued a final vote Thursday confirming Ben Carson as secretary of the Department of Housing and Urban Development (HUD), 58-41. The party-line approval assigns Carson leadership of the agency, which currently has a budget of $47 billion...

On the House: Could Trump Really Dismantle Dodd-Frank?

March 6th, 2017
(TNS)—In President Trump’s America, it can be hard to keep up. There are executive orders, memoranda, proclamations and tweets. Changes to immigration, health care, the armed forces and crime. More than two dozen actions have been signed in more than...

HUD Could Lose $6 Billion, Preliminary Trump Budget Reveals

March 9th, 2017
The Trump Administration is considering cutting over $6 billion from the Department of Housing and Urban Development (HUD), lopping off 14 percent of its budget for fiscal year 2018, The Washington Post recently reported. A preliminary document obtained by the...
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