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Freddie Mac proposes buying home equity loans

Government-backed mortgage securitizer Freddie Mac is considering whether to expand its portfolio of first-time mortgages and become a buyer of home-equity loans, a move that could offer borrowers more favorable terms than they can get in the private credit market. Public comment on the proposal, which closed less than a week ago, has drawn praise […]

Biden’s Health Department Looks To Push Equity Requirements On Transplant Lists

The Department of Health and Human Services (HHS) is looking to push equity requirements on hospitals providing kidney transplants, according to a recent proposal. The proposal, announced May 8, will help President Joe Biden’s administration’s plan to address “racial bias” when it came to wait times and “profiteering and inequity” by transplant hospitals, Secretary Xavier […]

EXCLUSIVE: Swing State’s Pension Funds Used To Advance ‘Racial Equity,’ Climate Initiatives, Report Finds

Arizonans’ pension funds have repeatedly been leveraged to forward racial and climate-related resolutions at publicly traded companies, according to a report from conservative watchdog group American Accountability Foundation (AAF). Arizona State Retirement System (ASRS) used Arizonans’ pension funds to back environmental, social and governance (ESG) shareholder resolutions on issues including race, gender, climate and politics, […]

Peloton shares soar, private equity firms consider potential buyout: report

A number of private equity firms are considering acquiring Peloton, as the connected fitness company looks to refinance its debt and return to growth after 13 consecutive quarters of losses. CNBC reported on Tuesday. Shares of the fitness equipment maker rose 12% to $3.98. The New York-based company is considering going private and has been […]

Glenn Youngkin And Virginia Universities Are In Bitter Battle Over Future Of Diversity, Equity And Inclusion

Republican Virginia Gov. Glenn Youngkin and the state’s colleges and universities are in the midst of a fight over whether diversity, equity and inclusion (DEI) initiatives should be supported with tax-payer funding. The Youngkin administration in recent months has been in contact with the state’s universities, like George Mason University and Virginia Commonwealth University, over […]

Former leader of nonprofit created to promote diversity, equity and inclusion in Portland arrested for allegedly stealing from org

according to KOINTVAn Oregon man named Devon Horace was arrested and charged with stealing from a nonprofit organization. main street alberta That he once led. The group was founded to promote Portland’s Alberta Street area as an “equitable” commercial district, according to its website. The organization “seeks to understand and address the historical legacy of […]

Kim Kardashian’s private equity firm SKKY struggles to raise funds

Kim Kardashian’s private equity firm SKKY Partners has struggled to raise money, raising only a fraction of its $2 billion goal, according to a federal securities filing. The reality TV star-turned-mogul started a private equity firm with former Carlyle Group executive Jay Sammons more than a year ago and had made no investment commitments as […]