News Topic: HUD
Search Results
Is leadership void at Ginnie Mae stymieing mortgage policy?
Policing issues overtake housing at hearing for HUD, FHA nominees
Biden administration announces more help to stem foreclosures
HUD proposes reinstating Obama-era fair-lending rule
Biden nominates Julia Gordon to be FHA commissioner
HUD restores Obama-era fair housing rule while pledging to improve it
Housing policy is too focused on rental homes. That must change
Biden administration to reinstate fair housing rules vacated by Trump
FHA will not cut premiums amid rising delinquencies
The mounting costs of protracted mortgage forbearance
The FHFA’s forbearance extension to September is forcing nonbank servicers to buy out more delinquent loans. It's also upended loss estimates for investors and made racial and income disparities in the mortgage market worse. ]] ... Read full article
HUD should put entry-level homebuyers first, not special interest groups
The reduction currently under consideration by the Biden Administration would lead to even faster home price appreciation, especially in areas with moderate FHA presence, American Enterprise Institute’s Housing Director of Research Tobias Peter says. ... Read full article
Biden administration likely to cut FHA premiums despite credit risks
Though the pandemic recession has driven up the delinquency rate on Federal Housing Administration loans, the president's appointees are widely expected to reduce mortgage insurance premiums by at least 25 basis points to make home loans less ... Read full article
HUD nominee pledges to promote affordable housing, work with Congress
Marcia Fudge told senators that her first priority as secretary would be to assist renters and homeowners struggling financially due to the COVID-19 pandemic. ... Read full article
Biden calls on HUD to examine Trump-era changes to fair housing rules
The president’s executive action looks to assess the impact of the previous administration's alterations to the Affirmatively Furthering Fair Housing and Disparate Impact rules, while reinforcing Biden’s vow to eliminate discriminatory lending ... Read full article
Biden's pick to lead HUD is Ohio Congresswoman Marcia Fudge
Fudge, who has served in the House since 2008, represents most of the majority-Black areas of Cleveland as well as part of Akron. ... Read full article
Biden transition teams add credit union CEO and former NCUA staffer
Bill Bynum, president and CEO of Hope Federal Credit Union, and Gail Laster, former director of the National Credit Union Administration's consumer-protection division, are working with the incoming administration. ... Read full article
HUD’s disparate impact rule is a ‘get out of jail free’ card
The bar to prove discriminatory patterns is so high that plaintiffs would have slim odds of winning lawsuits against housing providers. ... Read full article
HUD finalizes contentious revamp of fair lending rule with one tweak
The final version of the amended rule, like the original proposal, makes fair lending claims tougher to prove; but it does soften language that otherwise might have allowed mortgage companies to use algorithms to prove nondiscrimination. ... Read full article
‘I’m a budget nerd’: How new FHA chief is confronting pandemic
Dana Wade, a former OMB official, says a strong capital footing will help the Federal Housing Administration weather an uptick in delinquencies and ensure the mortgage market is viable once the economy recovers. ... Read full article