Federal banking regulators today made available the 2024 list of distressed or underserved nonmetropolitan middle-income geographies. Distressed or underserved nonmetropolitan middle-income geographies are census tracts where revitalization or stabilization activities are eligible to receive Community Reinvestment Act consideration. The designations reflect local economic conditions, including unemployment, poverty and population changes, according to the agencies.
Treasury proposes rule to bar large institutional investment in single-family homes
A large institutional investor is defined as an investor that has direct or indirect control over at least 350 homes. Penalties for violating the law can range from $1 million to three times the purchase price of the...









