Title agent's guarantor can't pass mortgage recording liability to a subcontractor
A title agent failed to record a mortgage. The guarantor who backed that agent tried to pin the blame on a subcontractor - and lost. New York's Appellate Division, First Department, ruled on August 27, 2026 that the guarantor could not pass his liability down the chain to a company he said was hired to file the paperwork.
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Fed's Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming
Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading - but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank - and most people - would like.
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New funding supports conservation easements on Idaho working lands
"This investment from the Grassland Resilience and Conservation Initiative reflects the power of collaborative conservation to protect America's grasslands and working lands," said Jeff Trandahl, executive director and CEO of NFWF. "These projects are designed to safeguard critical wildlife migration corridors and working lands that are essential to ranching livelihoods and thriving ecosystems. This latest round of funding demonstrates the Initiative's continued commitment to conserving grasslands and supporting the communities that depend upon their sustained health, resilience and productivity."
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Congress Passes 21st Century ROAD to Housing Act
The most significant federal housing legislation passed by the U.S. Congress in three decades is now law. The 21st Century ROAD to Housing Act (P.L. 119-101) (the Act) was enacted into law on July 11, 2026. The bipartisan legislation combines the U.S. Senate's ROAD to Housing Act (S. 2651) and U.S. House of Representatives Housing for the 21st Century Act (H.R. 6644) into a comprehensive package that seeks to collectively address the nation's affordable housing supply by implementation of 60 individual provisions that span the Act's 12 titles.
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