The Consumer Financial Protection Bureau has forced payday loan company LendUp to stop making new loans and stop collecting some outstanding loans as part of a resolution to a lawsuit alleging the company is failing. was engaged in illegal and deceptive business practices, the regulator said tuesday. “LendUp was backed by some of the biggest […]
Month: December 2021
The 5 Best Home Builders in Albuquerque, NM
Below is a list of the top home builders in Albuquerque. To help you find the best home builders located near you in Albuquerque, we’ve put together our own list based on this list of rating points. Albuquerque’s Best Home Builders: The top rated home builders in Albuquerque, New Mexico are: LGI Houses – Volterra […]
Northam Presents Budget and House Republicans’ Plan Revisions | Virginia
(The Center Square) – Virginia Governor Ralph Northam presented a budget to lawmakers this week that included tax cuts and spending initiatives, including a pay rise for teachers and money to incentivize businesses , but House Republicans are already planning some revisions. “While we have had our ups and downs, particularly in the early months […]
Despite rising costs and labor shortages, homebuilders remain optimistic
Later this morning we will get data on how many house construction projects were started in november. We know that some building materials are in short supply and builders are struggling to find workers. That said, a new clue from the National Association of Home Builders and Wells Fargo found that builder confidence rose in […]
Home Builders & Remodelers of CNY Inducts New President
Michael Pettinato SYRACUSE, NY – Home Builders & Remodelers of Central New York (HBRCNY) has installed its new president. Michael Pettinato of Harrington Homes of Jamesville will serve as the organization’s 2022 president. Pettinato was sworn in at the HBRCNY President’s Dinner held Dec. 11 at the Craftsman Inn in Fayetteville. Home Builders […]
Homebuilders continue to catch up | News
New home construction hit a major benchmark in February, according to Zillow, when more than 1.5 million residential building permits were issued in the previous 12 months. This level of activity indicates a real estate boom that has not been seen since August 2007. This building boom has drawn comparisons to the glut during the […]
Two Fernie Homebuilders Finalists for CBHA Awards – The Free Press
Two Fernie companies were included on the Keystone Award shortlist of the Canadian Home Builders’ Association. Fernie Home Builders and Parastone Developments both made the cut in different categories. Fernie Home Builders is in the running for first place in the Best Detached Single Family Home category from $ 1 million to $ 1.5 million […]
Council approves petition wording for Michigan payday loan vote – CBS Detroit
LANSING, Mich (AP) — A coalition that wants voters to decide how Michigan should cap interest rates on payday loans won approval on Tuesday for its sketchy wording for a petition to bring the issue to the November 2022 ballot. Members of Michiganders for Fair Lending told the Board of State Solicitors that payday loans […]
Home Builders Foundation: $ 75,000 donation to Our Lady of the Lake Children’s Hospital
BATON ROUGE, La (BRPROUD) – The Association of Home Builders of Grand Baton RougeMembers of (HBAGBR) provided monetary resources and materials for the inaugural Home Builders Foundation (HBF), which helps raise funds for children and families in need on Thursday, December 9. The HBF Foundation homes are sold at market value, its total donation reaching […]
Emirates News Agency – SDME jury praises innovative, world-class home designs by participating teams
Fri 10-12-2021 14:49 PM DUBAI, December 10, 2021 (WAM) – The jury of the Dubai Electricity and Water Authority’s (DEWA) second Solar Decathlon Middle East (SDME) for university students to design solar-powered houses, praised the exceptional efforts and the world class innovative designs submitted by students. The jury said that this year’s competition attracted outstanding […]
Tom York in business: Home builders get record number of permits
A house under construction in California. Photo via Wikimedia Commons The United States has officially entered a building permits boom, with homebuilders’ confidence near all-time highs, according to a recently released analysis by an online real estate broker. Zillow. But there is a long way to go before builders catch up with the shortage of […]
Biden administration seeks to double lumber tariffs charged to US homebuilders
E-mail Sign up for our free weekly newsletter It’s a blow to U.S. homebuyers and homebuilders, says NAHB National Association of Home Builders President Chuck Fowke issued the following statement after US Commerce advanced an administrative review last week to double tariffs on Canadian lumber shipments to the United States, from 9% to 17.9%: âAs […]
93% of payday loan borrowers regret taking their loan, survey finds
Payday loans can be a debt trap for borrowers who cannot afford to make payments. Here’s how you can pay off your payday loan balance before it’s sent to debt collectors. (iStock) Payday lenders prey on borrowers with bad credit who desperately need money, trapping them in a cycle of high-interest, hard-to-pay debt. The vast […]
Home builders continue to catch up amid construction boom
There is a shortage of 1.35 million new homes since the Great Recession in the 35 largest US real estate markets, according to a new report from Zillow. This is equivalent to having no new homes built for 2.7 years, the company said. Manufacturers are rushing to catch up, but supply chain disruptions and labor […]
Payday loans are a problem. Can a public bank be part of the solution?
When the coronavirus first posed a threat to the health and finances of Americans, Tiffany Moore of Forest Park first turned to an installment lender hoping for financial relief. The good news: She was approved for a $9,500 loan to compensate a tenant in her property who couldn’t pay rent. The bad news: an interest […]