Here’s what we need to know today, delivered by the one and only Sybil Wilkes. Staying informed is a powerful tool for our community, helping us navigate the world and advocate for the change we want to see.
The End of the Government Shutdown
The record-breaking 41-day government shutdown has come to an end. The Senate passed a bipartisan deal with a 60-40 vote after a small group of Democrats crossed party lines to join Republicans. This move, which President Trump supported, will reopen the government, though it faced sharp criticism from figures like Senator Bernie Sanders, who called it a “betrayal.” The eight Democratic senators involved defended their decision, stating it was simply time to end the lengthy shutdown after days of private negotiations.
Housing News: Rental Scams
In housing news, rental scams are becoming more common. Scammers are using real property listings and even the identities of actual real estate agents to trick people into paying fake application fees. The FBI has already received over 130 social media-related real estate complaints this year, amounting to losses of around $600,000. Experts are urging renters to be cautious. A deal that seems too good to be true often is.
Fannie Mae is making a significant change to its lending requirements. Starting November 16th, the organization will no longer require a 620 minimum credit score for loans processed through its Desktop Underwriter system. While this could open doors for more homebuyers, lenders will still need to obtain credit scores. Additionally, certain loan types and mortgage insurers may continue to enforce their own minimum credit standards.
Black And Missing
Finally, for this Black and Missing Wednesday, we turn our attention to Fayetteville, North Carolina. 14-year-old Musiq Blivins has been missing since November 7th. She was last seen in her front yard in the Erin Lakes subdivision. Authorities believe she may be in a silver or light-colored Dodge Challenger with dark wheels and tinted windows. Let’s keep our eyes open and help bring her home safely.
