Fed's Hammack tells CNBC rate hikes may be needed to quell high inflation
Federal Reserve Bank of Cleveland President Beth Hammack said on ?Tuesday it remains possible that she'll advocate for higher interest rates if inflation pressures don't moderate. "We've ?got inflation that's too high and it's been too high for the past five years," Hammack said in an interview on CNBC. "When I look at policy, if that continues, it may mean that we need higher interest rates to bring inflation back down to target," ?she said.
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Winning bidder on Burlington home where 3 bodies were found wants to delay closing, lawyer says
Unanswered questions about when three people died at a home are raising concerns about whether the foreclosure process may have been legally defective, prompting an attorney's request to delay the closing. An attorney for the winning bidder of the Stanwich Lane home asked the judge to reopen the judgment after the title insurance company said it cannot issue a clear title.
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Sovereign immunity shields Tennessee housing agency from wire-loss claims
A bad wire transfer left a title insurer paying a claim - and Tennessee's appeals court ruled a state housing agency was shielded by immunity. That was the takeaway from a Tennessee Court of Appeals decision filed June 18, 2026 - and it is a cautionary tale for any title insurer or claims professional working a wire-transfer loss.
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Trump cancels signing of landmark bipartisan bill aimed at lowering housing costs
President Donald Trump cancelled his approval of a landmark bill aimed at lowering Americans' housing costs just hours ahead of a planned signing ceremony at the US Capitol. Both chambers of Congress had earlier approved the legislation in a rare bipartisan move, signalling how pressing the issue has become for American voters across the political divide.
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Congress passes the largest housing affordability bill in decades - and Trump cancels the signing
If there's room for agreement on anything in Washington, it's that lawmakers need to do something to make homeownership more affordable. On Tuesday, legislators on both sides of the aisle clinched the final vote in the House to pass the largest piece of housing legislation in decades. But that unity was threatened Wednesday morning when President Trump posted on social media that he was abruptly canceling a signing ceremony for the bill unless Congress passes a strict voter ID bill called the Save America Act.
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