Biden to propose national rent hike cap of 5%

President Joe Biden will propose on Tuesday a nationwide cap on rent hikes of 5% per year, according to The Washington Post, which cites “three people familiar with the matter.”The proposal will rescind unspecified tax breaks to landlords who raise rents by more than 5%, although it would only apply
Read MoreOfficial Partners co-founder Tal Alexander denies rape allegations in court filing

In court documents filed last week, Official Partners co-founder Tal Alexander denied allegations that he participated in the sexual assault of an acquaintance, Angelica Parker, who claims in a lawsuit that Tal and younger brother Alon Alexander raped her while Alon’s twin brother, Oren Alexander, w
Read MoreAs workers enter the retirement ‘red zone,’ they should opt for less investment risk

Just like a football team entering the red zone — the area of the field inside the opponent’s 20-yard line — should be extra cautious to avoid wasting a scoring chance, Americans who are nearing retirement should dial back aggressive investment strategies.That’s the advice of Kevin Wade, a financial
Read MoreHUD accuses Rocket, appraisal companies of discrimination

The U.S. Department of Housing and Urban Development (HUD) announced on Monday that it has charged lender Rocket Mortgage, two appraisal companies and one appraiser with allegedly issuing a biased valuation and denying a refinance loan to a Black homeowner in Denver. The HUD accused appraiser Maksym
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