August 3, 2017
- The 2018 Transportation, Housing and Urban Development, and Related Agencies (THUD) Appropriations Act was approved by every member of the Senate’s AppropriationsCommittee . The 2018 fiscal year budget permits a 60.06 billion for the nation’s discretionary budget and 40.7 billion for HUD.
- Mel Watt, chairman of the Federal Housing Finance Agency, believes shifting the credit scoring system would harm the financial market. Watt further explains two factors which are slowing the credit scoring shift. One factor Watt considers is “ensuring the Common Securitization Platform is fully operational.“