fha mortgages with government guarantees. and most mortgages, which are eventually sold to -- inconsequently government guarantee. the trouble with the silicon valley bank and other original bank's mismanagement of forest. they purchased treasury, they purchased security, but those were of long duration. while when the interest rate increased, they have to pay the depositors 4%. they're getting return on 3% on treasury. that's a mismatched interest rate risk, it's not a sustainable business model. >> what are you watching for as this story continues to unfold? >> one thing is that, believe it or not, mortgage rates have actually come down because of the debacle related to the regional bank, silicon valley bank, signature bank, going under. anytime there is a financial market panic. people seek out safe acids like mortgage backed securities or treasury. so consequently, mortgage rates. middle of last week, it was 4%. today it's about 6.5%. >> the federal reserve has raised interest rates and has said that they will continue to

the policy is intended to create a clear path for fha mortgage applicants to request a appraised value of their property be reconsidered if they suspect bias discrimination or another deficiency in the appraisal. while that is always been possible under the system this is the first we are establishing such clear procedures before. we also plan to help educate homebuyers about the ability to request reconsideration value by adding disclosure language of the homebuyer's copy the statement of appraised value. i know from the work i had sent in this field for many years before coming to hud i was at the national community stabilization trust where we worked on homes and a number of under value and under invested communities around the entire country. no appraisal bias can lead to a cycle of disinvestment and decline in communities. we know this type of bias can help perpetuate a residential segregation pattern that is linked not just with home values but with desperate outcomes in virtually every important area. whether health, education, environmental, public safety, et cetera. getting to

it's a pleasure to join so many of my colleagues including fha commissioner julia who will ask questions about this later. and several other public servants who are committed to collaborating with our partners across government and industry to address this very important issue. mr. james, i thank you very much for your leadership and your partnership. on the appraisal task force your expertise, your passion and your commitment have made this a lot easier for us to move this process forward. i want to thank you for making a difference, we appreciate it. >> -- >> since they won the biden harris administration has worked to root out bias in the appraisal system. the risk is critical to our efforts to advance equity. racial equity in particular and all that we do. it is deeply important to me, both as secretary of hud and as a black woman. i know firsthand what it is like to be told that your home is worth less than the house down the street because of the color of your skin. it is heartbreaking to hear the stories from black and brown homeowners across the country who feel forced to remove

both is the answer given by your ghost wooster, fha. and the other singers in the peace choir of cyprus. what an uplifting not to and on. that's all from us today on focus on europe. if you have enjoyed watching today's show, you can share it. why our home page just so so focus on europe at d. w dot com until next time, goodbye. i'm back to watching. ah ah, ah, with a conflict zone with sarah kelly as the fighting rages in russia's war of aggression against ukraine. the international criminal court has issued a warrant for pollutants arrest. my guest this week on conflicts zone has called the deportation of children, a genocide and demand justice, ukrainian m p and chair of the parliamentary committee on integration of ukraine for the u. ivana quin push inside joins the frontier conflict zone in 30 minutes on d. w in syria rushes test love. the war of aggression on ukraine is the only war being waged by vladimir for the past 12 years. he has also been supporting bashar assad in the civil war against his people. this report gets to the b

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both is the answer given by your ghost wooster, fha. and the other singers in the peace choir of cyprus, what an uplifting not to and on. that's all from us to day on focus on europe. if you have enjoyed watching today's show, you can share it. why our home page, just those will focus on europe at d. w dot com until next time. goodbye and packs are watching. ah ah, ah, ah, with a mutual my 2045 germany public transport system is going green. is it good bye to the old bus? well, you know, they're converting to electric energy which presents a technical challenge. is it worth it for the climate? absolutely. but what about for businesses made in germany? in 30 minutes on d. w and the polite of the pinball in trading and endangered species in africa and asia. like, there are some people consider their meat to be a delicacy, and their skills are used in popular remedies. the black market trade is flourishing . this report follows trafficking routes from the congo to vietnam. ah, the 75 on d. w. a has to from did you do the full? i think the

both is the answer given by your ghost wooster, fha. and the other singers in the peace choir of cyprus, what an uplifting not to and on. that's all from us to day on focus on europe. if you have enjoyed watching today's show, you can share it. why our home page, just so so focus on europe at d, w dot com until next time. goodbye and pack to watch the ah ah, with 2 conflicts own with sarah kelly as the fighting rages in russia's war of aggression against ukraine. the international criminal court has issued a warrant for pollutants arrest. my guest this week on conflicts zone has called the deportation of children, a genocide, and demand justice, ukrainian m, p, and chair of the parliamentary committee on integration of ukraine for the you. ivana clim push and sada joins me from team conflict zone in 30 minutes on d. w with evelyn sharma. welcome to my podcast to love matters that i and by celebrities influences and experts to talk about all playing loud effect from day to india. today nothing's been less because all these things and mor

both is the answer given by your ghost wooster, fha. and the other singers in the peace choir of cyprus, what an uplifting not to and on. that's all from us today on focus on europe. if you have enjoyed watching today's show, you can share it. why our home page just so so focus on europe at d. w dot com until next time, goodbye and pass to watch. ah, ah ah ah, ah, with you a quick holiday get away is always possible. june ratty indulgent. $330.00 trip on the dw travel with a quarter and you tuber discovers the peculiarities of berlin, munich, and cologne. one intimate look at germany's biggest city with 90 minutes on d. w. how can journalism help us in overcoming divisions save the date for the d. w global media forum? 2023 in bonn, germany and increasingly fragmented world with a growing number of voices, digitally amplified. we see where this clutter can lead. we really need to make decisions into vision for tomorrow's journalism. save the date and join us for this discussion. at the 16th edition of d, w. c, global media forum. hello

how the merits on your fha was heckled as he surveyed the damage. many were already unhappy with the government's response to the quakes after yet another disaster. patience is running out. heavy rain since tuesday night had brought flooding. not just to sun yorba but all the other cities, like andrea men, authorities have shut down hospitals and schools. in some areas rescue work is underway, but there are fears the death till will rise. benton, merlin, al jazeera, the british government says it will provide struggling families with $115000000000.00 and cost of living support this year. during his budget announcement, finance minister jeremy houghton said inflation was the root of recent strikes. he said inflation rates with 4 from almost 11 percent to under 3 percent this year. told parliament the british economy is now on the right track for so it has more from london. it still represents a 0.2 percent shrinkage of the economy. over the course of this year. he said that inflation would be going down from a high, a 10.7 percent last year. the end

ah, how building has collapsed in the city of shania, fha, and southeastern, to kia? the structure was damaged during last month. earthquakes and had previously been evacuated. will it speak to teresa burress? she joins us now live from sonya. theresa, i see it's really quite a line up of authorities that behind you. presumably as we were saying, this is setting off alarm bells for all the damaged buildings. across the country. that's correct. we're right in the center of the city, i'm speaking very, very low in a low tone because we're being asked to remain in silence. they're searching rescue teams ongoing here in this building that you can see. right behind me. they're trying to find out whether anyone has been trapped underneath the rubber. we're being very cautious because the police is present here and of course they're trying to save lives. if someone remains underneath the trouble, it was a sick story building that had been damaged during the earthquake that happened one month ago. their search and rescue teams that are there right now. we do know that one per

home at that value the minimum amount of money out-of-pocket would be 3.5% for a down payment on an fhafor closing costs. that is $33,000. a staggering total of $71,500. a change to a form by the california association of realtors has real estate agents conservative buyers under the market would be required to put down even more money to the tune of an additional 3%. >> it could be devastating. >> real estate agent rico rivera is concerned about a new change to a piece of paper called the seller payment for the buyers broker agreement. this determines how a buyers agent is compensated. a change to the form could signal the homebuyer could be on thumb to pay the agent. in massive change to the transactions in the state. he is the president of the national hispanic organization of real estate agents. >> i am more concerned it is going to impact the lower income communities. i'm more concerned the wealth gap is going to widen. >> the change made to the form is in response to a trio of lawsuits making waves in the real estate industry. the first is a lawsuit that resulted in 2020 settlement

is credit availability for future loans not necessarily the conforming fannie and freddie loans or fha, but jumbo loans. and a bigger impact is going to be for home builders and their ability to get construction loans. we'll talk about that in the next half hour >> for now, diana, thank you >>> larry fink warning of a slow-rolling crisis in the wake of silicon valley's bank collapse in a letter to chief executives, he wrote -- >> my next guest disagrees when it comes to svb's failure. he says it was largely self-inflicted for more, let's welcome in jesse rosenthal and mike santoli joins us, as well. jesse, i'll start with you you were sort of early and/or accurate to point out problems with svb so why don't you think this is a broader indictment of the regional banks here? >> i think it's important to kind of segregate between a liquidity crunch crisis, which is what is gripping the fears in the market right now and what happened with svb. so big picture of the solvency problem with svb lie in accounting with the securities they were holding. they were holding a bunch of underwater but

crumpled up fhas. now. ijust ironed it. crumpled up flags- white _ now. ijust ironed it.t ironed it. crumpled up| flags. white mat that just wouldn't do. eurovision fans from all over the world — do. eurovision fans from all over the worl: . , do. eurovision fans from all over the worl ., , , , the world are bracing themselves. yes, for the world are bracing themselves. yes. for sure- _ and joining us now from liverpool is eurovision fan adamjowett, who is poised and ready and try and get those tickets when they are relesed in just over an hour's time. have you set any alarms, not that you are going to forget what time it is, i'm sure? hat you are going to forget what time it is. m sure?— is, i'm sure? not setting the alarm is, i'm sure? not setting the alarm is that kind — is, i'm sure? not setting the alarm is that kind of — is, i'm sure? not setting the alarm is that kind of counting _ is, i'm sure? not setting the alarm is that kind of counting down i is, i'm sure? not setting the alarm is that kind of counting down the l is that kind of counting down the clock. i kno