Biden Admin Releases Blueprint for AI Use

A 143-page Executive Order gives departments a timeline to create AI rules. HUD and CFPB, for example, have 180 days to focus on Fair Housing Act discrimination.

Owners Not Selling? ‘Lock-In Effect’ Isn’t Only Reason

While owners don’t want to give up 3%-ish mortgage rates, a survey found that’s a secondary concern to low inventory challenges making it harder to find a place to go.

HUD Wants to Use Ex-Cons for Fair Housing Testing

A proposed rule would allow fair-housing testers to have prior convictions – a way to determine if a landlord illegally turns away renters based on criminal history.

Fed: No Rate Hike, but Future One Still Possible

The Federal Reserve didn’t change interest rates on Wed. because existing tight “financial and credit conditions … are likely to weigh on economic activity.”