Memo to Members

House Budget Resolution Debate Continues

Congress returns from its Presidents’ Day recess on February 23. The House of Representatives will continue its debate about whether or not there will be an FY17 budget resolution and what it will…

Renting on the Rise across All Demographics

Mark Uh, a researcher at Trulia, finds that the homeownership rate has dropped 5% in the 50 largest metropolitan areas since the Great Recession, while the renter-occupancy rate has increased by 5%…

NHTF in President Obama’s Budget Request

The FY17 budget proposed by President Barack Obama cites $182 million as the amount that Fannie Mae and Freddie Mac will provide for the National Housing Trust Fund (NHTF) in 2016. This is…

Mortgage Interest Deduction Projections Down

The annual budget prepared by the Office of Management and Budget includes a report on the estimated cost of tax expenditures for the immediate past year and ten years going forward. Federal law…