The American dream is an American nightmare for many. My daughter is in the process of buying her very first house and she's facing these same choices.
The American dream is an American nightmare for many. My daughter is in the process of buying her very first house and she's facing these same choices.
It's not #build, build, build to solve the problem of #affordable #rent and housing
It is providing #housing without market interest and #venturecapital
#Talk by @AndrejHolm at #ActNow #Conference in #Vienna
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Es geht nicht um "Bauen, bauen, bauen" um die #Wohnungskrise zu lösen
Es geht darum, lebenswürdige Wohnungen ohne Marktinteressen anzubieten
#AndrejHolm auf der ActNow #Konferenz in #Wien
@AndrejHolm on #gentrification in #Vienna
#howto solve the #housingcrisis :
#decommodification
#democratization
#desalienation
#degrowth
Auswege aus der #Wohnungskrise:
#Dekommodifizierung
#Demokratisierung
#Desalienation
#Degrowth
It's not #build, build, build to solve the problem of #affordable #rent and housing
It is providing #housing without market interest and #venturecapital
#Talk by @AndrejHolm at #ActNow #Conference in #Vienna
--
Es geht nicht um "Bauen, bauen, bauen" um die #Wohnungskrise zu lösen
Es geht darum, lebenswürdige Wohnungen ohne Marktinteressen anzubieten
#AndrejHolm auf der ActNow #Konferenz in #Wien
Hey y'all! Trying to stay housed for December.
That's all I want, and a few urgent items from my #wishlist.
How are you able to bless a disabled Black woman today?
v:skillingmesoftly
p:kshernandezinc
ko-fi.com/khernandez
linktr.ee/khernandez
#Blackmutualaid #mutualaidrequest
#mutualaid
#helpfolkslive2025
#disability
#housingcrisis
@mutualaid @mutual_aid@hexbear.net @mutual_aid@starflower.space @disabilityjustice
Hey y'all! Trying to stay housed for December.
That's all I want, and a few urgent items from my #wishlist.
How are you able to bless a disabled Black woman today?
v:skillingmesoftly
p:kshernandezinc
ko-fi.com/khernandez
linktr.ee/khernandez
#Blackmutualaid #mutualaidrequest
#mutualaid
#helpfolkslive2025
#disability
#housingcrisis
@mutualaid @mutual_aid@hexbear.net @mutual_aid@starflower.space @disabilityjustice
…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
In the Oct 11 message to Smith, Evans, the #FannieMae #mortgage executive, also added others to the email chain because they “were involved with this week’s efforts to compile this information” & he wanted to “make sure you do not exacerbate this issue.”
Danielle McCoy, Fannie Mae’s general counsel, weighed in, adding that the information Smith provided to #FreddieMac should “never be shared” & “could put the company at risk.”
Others who were part of the email chain included Almodovar, the CEO; COO Peter Akwaboah; Devang Doshi, a snr VP for capital markets; & John Roscoe, a #BillPulte loyalist & fmr #Trump White House aide, who served as #FannieMae’s executive VP of PR & operations.
Days later, Almodovar, McCoy & Evans…were out of a job. Meanwhile, Roscoe was promoted to co-president of the company, while Akwaboah was named acting CEO.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
The 3 competing roles present the potential for a #ConflictOfInterest that is detailed in emails reviewed by AP. Like many matters of public policy in Trump’s Washington, it appears to have begun with a social media post.
In October, #Trump criticized the homebuilding industry….
“They’re sitting on 2 million empty lots, A RECORD,” Trump posted to his social media…. “I’m asking #FannieMae & #FreddieMac to get Big Homebuilders going.”
“On it,” #BillPulte posted in response on X.
…Soon, a team at #FannieMae was overseeing an effort to pull together a tranche of #mortgage data, according to emails reviewed by the AP. Smith played a central role and shared the #confidential lender-level pricing information with #FreddieMac, which set off alarms at both companies, according to the emails.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #BillPulte #Trump
…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
#BillPulte ’s power over the #mortgage lending industry is unusual. Not long after his #Senate confirmation, he appointed himself chairman of both #FannieMae & #FreddieMac, which hold trillions of dollars in assets. The companies serve as a crucial backstop for the home lending industry by buying up mortgages from individual lenders, which are packaged together & sold to investors.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
Since his appointment to lead the FHFA, #BillPulte has sought to ingratiate himself with #Trump. The 37-yr-old scion of a homebuilding company fortune, Pulte has cultivated a reputation as a hyper-online millennial with a thirst for recognition & a desire to please Trump. He & his wife also donated about $1 million to Trump’s campaign….
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
#BillPulte also has focused on large home #construction companies, which have drawn #Trump’s ire. Pulte requested #confidential #FannieMae #data & has publicly signaled that he is considering a crackdown if the companies do not increase construction volume.
“I’m looking at the Fannie Mae builder data & with the top three homebuilders we buy EASILY over $20 billion in THEIR LOANS!” he posted to X in early October.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
In June, #BillPulte ordered #FannieMae & #FreddieMac to prepare a proposal for the firms to accept #cryptocurrency, another industry #Trump has boosted, as part of the criteria for buying mortgages from #banks. Last week, he persuaded Trump about the allure of a 50-year #mortgage as a way to increase home buying & building—a proposal that was widely criticized because it would drastically increase the overall price of a #loan.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving
“This is another example of #BillPulte weaponizing his role to do Donald Trump’s bidding, instead of working to lower costs amidst a #HousingCrisis,” said Sen. #ElizabethWarren, of Massachusetts, the ranking #Democrat on the #Senate #Banking Committee. “His behavior raises significant questions, & he needs to be brought in front of #Congress to answer them.”
#law #scammers #housing #affordability #CostOfLiving #WealthGap #Trump
The episode marks the latest example of #BillPulte using what is typically a low-profile position in the federal bureaucracy to enhance his own standing & gain the attention of #Trump. He’s prompted #mortgage #fraud investigations of prominent #Democrats who are some of Trump’s best known antagonists, including Sen #AdamSchiff of California, #NYAG #LetitiaJames & California Rep #EricSwalwell.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
While Smith still holds her position, the senior #FannieMae officials who called her conduct into question were all forced out of their jobs late last month, along with internal #ethics #watchdogs who were investigating #BillPulte & his allies.
The dismissals rattled the #housing industry & drew condemnation from #Democrats. It also gave more evidence to support claims that Pulte has leveraged the nonpublic information available to him to further his own political aims.
“This is another example of #BillPulte weaponizing his role to do Donald Trump’s bidding, instead of working to lower costs amidst a #HousingCrisis,” said Sen. #ElizabethWarren, of Massachusetts, the ranking #Democrat on the #Senate #Banking Committee. “His behavior raises significant questions, & he needs to be brought in front of #Congress to answer them.”
#law #scammers #housing #affordability #CostOfLiving #WealthGap #Trump
Emails reviewed by The AP show that #FannieMae executives were unnerved about what one called the “very problematic” disclosure of data by Lauren Smith, the company’s head of marketing, who was acting on Pulte’s behalf.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #BillPulte #Trump
“Going to the office should feel like you’re walking to your living room, so we really, really want people close,” said Mr. Lee, 22, who chose not to move into the apartments and lives in Cluely’s office, which is housed in a loftlike single-family home. “I feel like I’m more trying to build a frat house, and you don’t commute to a frat house.”
https://www.nytimes.com/2025/10/16/technology/san-francisco-rent-ai-boom.html
“London developers to be allowed to reduce percentage of affordable homes.” #Labour just love these developers. I can remember when we built Council Houses and all homes were affordable! #HousingCrisis
