Today the Federal Housing Finance Agency (FHFA) announced that it is shelving its search of a new credit score model, a decision that was expected to be announced in 2018, to focus its attention on implementing the Economic Growth, Regulatory Relief and Consumer Protection Act enacted earlier this year. The Act requires the agency to set definitive rules for Enterprises to follow when validating current credit score models.
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Monthly Archives: July 2018
Chicago Schoolteacher Raises Funds for Her Students Midair
One of the reasons we selected Chicago for our 2018 Conference: Year of Women is despite pervasive issues of crime and poverty, many Chicago citizens care about and work to make a difference in their community. They push their city to do better by its less fortunate residents as it grows as a center of commerce, technology, and the arts.
This love many Chicagoans have for their city was manifested midair on a recent Southwest flight when a fellow passenger asked Chicago school teacher Kimber Bermudez about what she does for a living.
Real Estate Agent, Or Treasure Hunter?
Uncovering a home’s story is the best part of the job
A recent story making the headlines sparked our imaginations. While not directly relating to real estate and housing, its premise is familiar to anyone who has discovered long-lost memories within an older home.
A Georgia woman walked into her local Goodwill and noticed a vintage slide projector. She opens it up upon purchasing, and in the course of doing so, is taken back in time; pulled into the world of a family from another era.
CFPB Acting Director Appoints Paul Watkins as Director of Office of Innovation
Acting Director Mick Mulvaney of the Bureau of Consumer Financial Protection (CFPB) announces the appointment of Paul Watkins as Director of the new Office of Innovation. Watkins, a lawyer from the Arizona Office of the Attorney General who leads its fintech initiatives, will be responsible for overseeing the Office’s mission of “consumer-friendly innovation,” according to the press release.
How Women Behind the Scenes Helped Sandra Oh Make Emmy History
History was made when this year’s 70th Annual Primetime Emmy nominations were announced on July 12th and Sandra Oh took a Lead Actress nod for her portrayal of Eve Polastri on the BBC series ‘Killing Eve.’ With her nomination, Oh became the first woman of Asian descent to be nominated for a Lead Actress role. Oh first came to widespread attention as an actress with the 2004 independent movie Sideways, but like most successful actors and actresses, Oh had been building a career both on the stage and screen long before.
Youngest Self-Made Woman Kylie Jenner Had a Great Role Model
How young women can benefit watching their moms work
Kylie Jenner, the youngest member of the Jenner/Kardashian clan, is on this month’s cover of Forbes magazine as not only one of the richest self-made women, but at almost twenty-one years of age, one of the youngest. Her business, Kylie Cosmetics, had humble beginnings as a lip kit, putting her on track to become the youngest self-made billionaire, male or female. Only she’s not completely self-made. While no one can build wealth entirely alone, Ms. Jenner’s success has equally as much to do with her mother’s business savvy as it does her innate, almost inborn, sense of social influence.
Teresa Palacios Smith, VP Diversity & Inclusion, HSF Affiliates LLC, Joins NDILC – Gino Blefari Video
Women in the Housing and Real Estate Ecosystem (NAWRB) announces the addition of Teresa Palacios Smith, Vice President of Diversity and Inclusion, HSF Affiliates LLC, to its Diversity and Inclusion Leadership Council (NDILC). The Council, founded in 2015, helps raise the number of C-suite women, increase women’s employment at all levels and advance women’s economic growth across the housing and real estate ecosystem.
SBA Disaster Loans for Hawaii Residents & Small Businesses—Deadline Fast Approaching
The state of Hawaii and the Federal Emergency Management Agency (FEMA) are operating a U.S. Small Business Administration (SBA) Disaster Recovery Center, opened on June 29th, to offer assistance to Kauai and Oahu residents that were affected by the flooding, mudslides and landslides that took place this April. FEMA has approved approximately $281,000 in individual assistance grant funding. Deadline to apply for individual physical damage assistance is August 27th, 2018, while impacted small businesses can apply until March 27, 2019.
FDIC Releases Plan to Help Financial Institutions in Hawaii
The Federal Deposit Insurance Corporation (FDIC) recently released its guideline for regulatory relief of financial institutions affected by natural disasters in Hawaii. The guide outlines the steps by which it will help these regulated entities make a full recovery from accrued damages.
If Men and Women Are More Similar Than Not, Why Do They Feel Differently About Homeownership?
The unique challenges women have faced in the past and continue to face today make owning a home a tangible sign of success for a woman. A woman’s home is a space to creatively express desires and dreams and to evoke certain feelings. From a practical standpoint, it’s an investment and source of security that remains a constant regardless of her marital status.