News Topic: HUD

The Trump administration's executive order to terminate and replace federal enforcement of anti-discrimination policies at the local level, citing the burden it put on municipalities, enraged advocates of equitable housing practices. ... Read full article

The national conversation around systemic racism has compelled large banks to withdraw support from the “disparate impact” proposal. But community banks maintain that the proposed reforms would reduce frivolous claims. ... Read full article

Some lawmakers fear that when forbearance plans and enhanced unemployment coverage expire, the consequences for mortgage borrowers still affected by the pandemic will be severe. ... Read full article

The policy comes more than a month after a different agency issued similar guidance for loans backed by Fannie Mae and Freddie Mac. ... Read full article

The joint site describes potential strategies for both homeowners and renters economically affected by COVID-19. ... Read full article

The Federal Housing Administration has provided struggling homeowners with payment flexibility and explored other measures. At the same time, the agency is mindful of protecting itself against downside risks. ... Read full article

The bipartisan coalition of AGs said homeowners should be allowed to wait until the end of a loan term to make payments they skipped because of the coronavirus. ... Read full article

The temporary foreclosure moratorium on loans backed by HUD, Fannie Mae and Freddie Mac comes after lawmakers and housing advocates had pushed for steps to avoid consumers getting booted from their homes. ... Read full article

Attempts to rewrite the method for determining unintended discrimination in housing should not bleed into fair-lending laws. ... Read full article

Dana Wade would succeed Brian Montgomery, the acting deputy secretary of the Department of Housing and Urban Development. ... Read full article

The agency issued a fair housing proposal last month that would perpetuate segregation and make it harder to detect discrimination. ... Read full article

Despite changes by the Federal Housing Administration, bankers remain reluctant to join the program for fear of legal liability. But that could change if it revamps servicing processes, experts say. ... Read full article

Federal Housing Finance Agency Director Mark Calabria discussed the possibility of having Fannie Mae and Freddie Mac operate under a consent order to allow the government-sponsored enterprises to be able to raise capital. ... Read full article

The Department of Housing and Urban Development has proposed an overhaul of an Obama-era rule meant to guide local jurisdictions in how they comply with the Fair Housing Act. ... Read full article

Now is not the time for the government to cut Federal Housing Administration premiums and enter new segments of the housing market. ... Read full article

The Department of Housing and Urban Development is seeking public feedback on federal, state and local laws and regulations that may inhibit affordable housing or constrain the supply of housing. ... Read full article

House Democrats described the disparate impact standard as "the most important tool" for enforcing the Fair Housing Act. ... Read full article

The Federal Housing Administration's mortgage insurance fund now sits in a much better financial position, but officials say it's still not strong enough to make the premium cuts the industry wants. ... Read full article