Do you think CFPB TRID changes will heal mortgage market pain?

| Posted in In the News

The Consumer Financial Protection Bureau TRID rule is finally up for revisions after industry cries for changes and clarifications. However, despite the resounding call for help, the end product is likely to underwhelm, according to a note from investment firm Compass Point Research & Trading. Indeed, everyone HousingWire spoke to about TRID so far, albeit a hand full of…

Hill and Lawrence Bring House Skilled Workforce Caucus Activity to Arkansas

| Posted in Press Releases

Today, Congressman French Hill (AR-02) and Congresswoman Brenda Lawrence (MI-14) traveled throughout the Second Congressional District to promote jobs and opportunities in the skilled trades, stopping at Arkansas State University at Beebe’s John Deere Agriculture Technology program, the Be Pro Be Proud Initiative through the Arkansas State Chamber of Commerce at Maverick Transportation, and Dassault Falcon Jet....

Senate Approves Bill Naming Perryville Post Office in Honor of Arkansas Hero

| Posted in Press Releases

The U.S. Senate passed legislation Thursday designating a Perryville, Arkansas Post Office as the “Harold George Bennett Post Office.” Sergeant George Bennett, a native of Thornburg, Arkansas served as a Military Assistance Command, Vietnam (MACV) advisor during the war operating out of South Vietnam. On December 29, 1964, during a firefight with Viet Cong guerillas, Sgt.…

ADVISORY: Hill to Host Congresswoman Brenda Lawrence in Little Rock for Skilled Workforce Initiative

| Posted in Press Releases

LITTLE ROCK, Ark. – On Friday, May 27, 2016, Congressman French Hill (AR-02) and Congresswoman Brenda Lawrence (MI-14) will travel throughout the Second Congressional District to promote jobs and opportunities in the skilled trades. Congressman Hill and Congresswoman Lawrence are co-chairs of the Skilled Workforce Caucus, a bipartisan group that is committed to shrinking the…

Hill Statement on Increase in Insurance Rate Requests

| Posted in Press Releases

Today, after the Arkansas Insurance Department released insurance rate requests for 2017, Congressman French Hill (AR-02) released the following statement: “The president promised the American people that through Obamacare healthcare would become more affordable to them. However, today’s announcement of rising insurance rates in Arkansas is another example of the…

Hill Statement on Visit to Southwest Border

| Posted in Press Releases

Today, after returning from a two-day assessment of the U.S.-Mexico Border in San Diego, CA, Congressman French Hill (AR-02) released the following statement: “This was my third visit to the Southwest Border in the past year, and it was the most eye-opening of the three by far. I appreciate the difficult job that local law enforcement and our customs and border patrol officers…

Hill Statement on VA Appropriations Bill

| Posted in Press Releases

Today, the House passed H.R. 4974, the Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2017. H.R. 4974 contained a provision that prohibits funding solar panel projects under the Green Management Program. Congressman French Hill (AR-02) spoke on the House Floor Wednesday night in support of this provision. Last year, Congressman Hill and Senator John…

House Passes Bill to Fully Fund National Security Priorities

| Posted in Press Releases

Today, the House passed the National Defense Authorization Act (NDAA) for FY 2017 by a bipartisan vote of 277-147. The NDAA will provide $610.5 billion total in funding for national defense priorities, with $566.5 billion in base funding, and an additional $35.7 billion for Overseas Contingency Operations...

Hill Statement on DOL Overtime Rule

| Posted in Press Releases

Today, after the Department of Labor finalized its overtime rule, Congressman French Hill (AR-02) released the following statement: “The Obama Administration’s decision to move forward with this rule ignores the more than 250,000 comments submitted to the agency that outline the costly impacts of this overly-burdensome regulation on our nation’s small businesses,…

Lawmaker demands more TRID transparency from CFPB

| Posted in In the News

A Republican congressman is demanding more transparency on the TRID rule from the Consumer Financial Protection Bureau, according to a Marketwired report. Speaking to more than 250 attendees at the Federal Conference & Lobby Day Monday, Rep. French Hill (R-Arkansas) said that the CFPB needs to improve its guidance on the Know Before You Owe rule. Hill was specifically concerned…

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