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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · 2d

NEW REPORT: “Mortgages remain scarce in too many places," said @sjccorn.bsky.social “From rural #Georgia to rural #Texas and from #Baltimore to #Detroit, without #mortgages, families cannot become #homeowners
#MortgageDeserts

New Report Discovers Mortgage Deserts Exist Nationwide, Most Often in Communities with a Higher-Than-Average Share of Black Residents · Consumer Federation of America

A new report from the Consumer Federation of America, Mortgage Deserts: Mapping Which Rural and Urban Communities Remain Left Behind by Mortgage Finance, shows that despite decades of federal policy e...

consumerfed.org

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · 23d

What are #FannieMae & #FreddieMac and what would it mean to end their #Conservatorship ?
#AffordableHousing
Learn more with CFA’s Fact Sheets:
consumerfed.org/in_the_media...

youtube.com/shorts/Zqno3...

Fannie Mae & Freddie Mac support affordable mortgages & help more Americans become homeowners

YouTube video by Consumer Federation of America

youtube.com

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · Sep 8

“Buying a #house is already one of the most stressful purchases people will ever make. This bill is an important win for the #privacy of #homebuyers across the country." @sjccorn.bsky.social

CFA Applauds Passage of Homebuyer Privacy Protection Act · Consumer Federation of America

The Consumer Federation of America applauds the passage of the Homebuyer Privacy Protection Act. This important, bipartisan consumer protection legislation, supported by leading consumer and housing i...

consumerfed.org

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · Aug 19

“In many cases, it’s more expensive to have a low #CreditScore than to live in a high-risk area.” - @sjccorn.bsky.social @cplusc.bsky.social

www.homes.com

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · Aug 13

“Your #CreditScore shouldn’t determine whether you can afford to #Insure your home.” @sjccorn.bsky.social

Watch the full story here: www.azfamily.com/video/2025/0...

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Reposted by Sharon Cornelissen

Dan Immergluck @danimmergluck.bsky.social · Aug 11

Housing markets =*local*! Ofc institutional single-family rental (SFR) investors aren't big % nationally, but own large % of (SFRs) in some metros:

e.g., Atlanta: 25% Jacksonville: 22% Charlotte: 18%

& b/c they target certain *parts* of metros, means even larger %s in many parts of these metros.

From GAO: https://www.gao.gov/assets/gao-24-106643.pdf

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Sharon Cornelissen @sjccorn.bsky.social · Aug 11

I’m not at @asanews this year, but guess who and what is? The wonderful Taylor and Guillermina posing with my book #LastHouse! If you are at #ASA2025 stop by at the Chicago press table to have a preview of this #Detroit ethnography on failed #gentrification!

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · Jul 23

The nation’s #Housing challenges are often framed within the context of cities, yet #rural communities also struggle to provide residents with high-quality, affordable #homes. Takeaways from eastern #Kentucky provide lessons for other states. @pewresearch.org @sjccorn.bsky.social

Rural Homeownership Support Requires Home Construction, Repairs, and Small Mortgage Financing

The nation’s housing challenges are often framed within the context of cities: Boston’s high and rising rents, San Francisco’s brutal and persistent homelessness, and New York’s cramped and expensive ...

www.pew.org

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · Jul 14

“We need more competition among #credit bureaus and an end to monopolistic practices to lower prices and improve accuracy," @sjccorn.bsky.social #mortgage

Fannie and Freddie may use new credit scores. Will it help you get a mortgage?

The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for borrower applications.

www.usatoday.com

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Reposted by Sharon Cornelissen

Urban Institute @urbaninstitute.bsky.social · Jun 17

Of the 22.6 million #families who would end up with less resources under the reconciliation bill, more than half are at or below the #poverty level. New #research shows losses will far outweigh gains for the lowest income families. urbn.is/4l9JXwA

Figure 1 shows Distribution of Families with Changes in Resources Due to Selected Policies in the House Budget Reconciliation Bill.

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Sharon Cornelissen @sjccorn.bsky.social · Jun 13

Important win. #Redlining is still illegal — and there is no take-backsies on legal settlements

nikitrabailey.bsky.social @nikitrabailey.bsky.social · Jun 13

A federal judge rejects the Trump Administration’s efforts to abandon the #CFPB's redlining settlement with Townstone Financial Inc. This is a huge victory protecting against attempts to rollback critical civil rights and fair lending protections.
nationalfairhousing.org/judge-reject...

Judge Rejects Trump Administration’s Efforts to Abandon Redlining Settlement with Townstone Financial Inc. - NFHA

FOR IMMEDIATE RELEASE: Judge Rejects Trump Administration’s Efforts to Abandon Redlining Settlement with Townstone Financial Inc. WASHINGTON _ A federal judge has denied an attempt by the new leadersh...

nationalfairhousing.org

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Sharon Cornelissen @sjccorn.bsky.social · Jun 12

@riquier.bsky.social

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Reposted by Sharon Cornelissen

Groundwork Collaborative @groundwork.bsky.social · Jun 12

Bottom line: Being a Dad is more expensive in Trump’s America.

From golf equipment and grills to tools and lawnmowers, Trump's tariffs are making Dad's favorite items more expensive.

We've broken down the price increases item by item 👇

Being a Dad Is More Expensive in Trump’s America - Groundwork Collaborative

groundworkcollaborative.org

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Sharon Cornelissen @sjccorn.bsky.social · Jun 5

great to hear you at Consumer Assembly today — will keep an eye on your summer beach read 🏝️📟

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · Jun 4

“They’ve hollowed out the #CFPB & other #Housing Agencies… Federal oversight is not happening right now.”
- Alys Cohen, @nclc4consumers.bsky.social

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Sharon Cornelissen @sjccorn.bsky.social · Jun 3

@danimmergluck.bsky.social I guess I must be doing something right

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Sharon Cornelissen @sjccorn.bsky.social · Jun 3

odd #housingadvocacy accomplishment of the month: got personally blocked by Bill Pulte, our nation’s top #housing regulator at FHFA (appointed by 🌮 and who communicates all policy through X…)

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · May 30

In 2024, #FHLBanks paid 31 executives more than $1 million each in compensation. Lavish spending on compensation and salaries is not going to help solve America’s #HousingCrisis @sjccorn.bsky.social
Learn more in our latest blog ⤵️
consumerfed.org/a-government...

A Government-Sponsored Banking System that Spends More on Salaries than on Housing? An Analysis of 2024 Financial Data · Consumer Federation of America

The Federal Home Loan Bank (FHLB) System recently released its 2024 combined financial report. A review of 2024 data shows that this government-sponsored enterprise (GSE) has drifted from its public m...

consumerfed.org

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · May 20

“A lot of people are living on the edge, where a #storm happens, and they can lose everything,” @sjccorn.bsky.social said. “This is not just important for #homeowners and families in St. Louis, it's a national problem too.” #stlouistornado

Many people in north St. Louis may have lacked homeowners insurance when storms hit

If you are among those who are without coverage and sustained damage to your property, the Midwest Newsroom and STLPR invite you to share your story with us.

www.stlpr.org

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · May 19

"Our #insurance crisis is increasingly also a #housing crisis. These are not separate." @sjccorn.bsky.social

New report reveals how one fast-growing expense is impacting homeowners: 'Many may feel like they can never own a home'

A report from the Consumer Federation of America found that the average yearly home insurance premium in Utah has increased by almost $700.

www.thecooldown.com

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Sharon Cornelissen @sjccorn.bsky.social · May 15

There is a lot of talk about our #housingcrisis, but what is the Administration actually doing? Recent actions at #HUD and #FHFA are making #housing affordability and access worse, not better. Read our letter below 👇🏠

Consumer Federation of America @consumerfed.bsky.social · May 15

We are proud to join @natfairhouse.bsky.social, National Low Income Housing Coalition, & 30 other leading #Housing, consumer, and #CivilRights organizations to send a letter to #FHFA & #HUD calling attention to Federal rollbacks worsening our Nation’s #HousingCrisis @sjccorn.bsky.social

Housing, Consumer, and Civil Rights Organizations Call Attention to Federal Rollbacks Worsening the Nation’s Housing Crisis · Consumer Federation of America

In a letter published today, over thirty leading housing, consumer, and Civil Rights organizations express their urgent concern over recent actions taken by the U.S. Department of Housing and Urban De...

consumerfed.org

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Sharon Cornelissen @sjccorn.bsky.social · May 12

Why is our nation’s top housing regulator #FHFA blaming consumers for our #housing crisis? It’s a distraction to sidestep real solutions. Read my new Op-Ed here: www.americanbanker.com/opinion/blam...

Blaming consumers for 'mortgage fraud' won't solve our housing crisis

When supposed "fraud" becomes the headline, real solutions get pushed to the margins. In the case of housing, the real crisis is about housing affordability and supply.

www.americanbanker.com

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Reposted by Sharon Cornelissen

Consumer Federation of America @consumerfed.bsky.social · May 6

Drawing on a case study from Eastern #Kentucky, our new report looks at today’s #HousingCrisis in #Rural areas, with a focus on low-income #homeownership
By @sjccorn.bsky.social

Learn More: consumerfed.org/reports/rura...

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Sharon Cornelissen @sjccorn.bsky.social · May 6

congratulations! 😍 Hope you celebrate appropriately / bookishly

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Reposted by Sharon Cornelissen

AG Andrea Joy Campbell @massago.bsky.social · May 6

New England is fighting back 🔥

Join me and my fellow Dem AGs here in Boston for a Town Hall at IBEW 103 to talk about what's at stake for New England and the road ahead.

📆 Friday, May 16th
⏰ Doors open at 6PM
📍 IBEW Local 103, Boston, MA
🎫 RSVP: www.eventbrite.com/e/new-englan...

A flyer for the New England Town Hall entitled "United in Justice" with photos of Massachusetts AG Andrea Joy Campbell, Rhode Island AG Peter Neronha, Connecticut AG William Tong, Maine AG Aaron Frey, Vermont AG Charity Clark

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