HUD

Trump's housing agency cracks down on no-money-down home loans

04/22/19

The Trump administration is cracking down on national affordable housing programs because of concern over growing risk to the government's almost $1.3 trillion portfolio of federally insured mortgages.

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Senior HUD official named FHFA deputy director

04/16/19

Adolfo Marzol, who has served as an adviser to HUD Secretary Ben Carson, will now report to the new director of the Federal Housing Finance Agency.

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Facebook accused by HUD of housing bias over use of targeted ads

03/28/19

The Department of Housing and Urban Development said it's charging Facebook with allegedly violating the Fair Housing Act by restricting who can view housing-related ads.

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Trump directs Treasury, HUD to develop GSE reform plan

03/27/19

As lawmakers discuss reform legislation, the president’s memo calls on agencies to draft both administrative and legislative reform options and deliver their reports “as soon as practicable.”

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FHA eases home warranty requirement for low down payment loans

03/14/19

The Federal Housing Administration is moving forward with a long-delayed plan to reduce the term of the home warranty required for high loan-to-value mortgages on new houses.

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Carson plans to leave HUD after 2020 election

03/05/19

The secretary of housing and urban development plans to "finish out this term" but wants to return to "the private sector because I think you have just as much influence, maybe more."

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FHA expands affordable housing pilot program

02/21/19

The agency's pilot program, designed to streamline mortgage insurance applications associated with the Low-Income Housing Tax Credit program, will now include applications for new construction and substantial rehabilitation.

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Waters: A million-plus could lose homes because of HUD shutdown

01/11/19

A lapse in rental-assistance funding, an understaffed FHA and other effects of the government shutdown are causing real harm to families, said the chair of the House Financial Services Committee.

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Departing Ginnie Mae head Bright to run securitization trade group

01/10/19

Michael Bright is resigning as acting president of Ginnie Mae to run the Structured Finance Industry Group, a trade association that's been without a CEO since Richard Johns resigned in July amid a reported split with the group's board.

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Ginnie Mae head's surprise resignation prolongs permanent leadership gap

01/09/19

Acting Ginnie Mae President Michael Bright will leave his post on January 16 and will no longer seek confirmation to be the permanent head of the mortgage secondary market agency.

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