Carson plans to leave HUD after 2020 election


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."


FHA expands affordable housing pilot program


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.


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


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.


Departing Ginnie Mae head Bright to run securitization trade group


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.


Ginnie Mae head's surprise resignation prolongs permanent leadership gap


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.


FHA urges servicers to go easy on federal workers during shutdown


The agency wants mortgage servicers to extend special forbearance plans to those affected by the partial government shutdown and evaluate borrowers for loss-mitigation options.


Challenges mount for mortgage lenders as shutdown persists


Borrowers and financial institutions may be feeling the strain from reduced operations at the FHA and IRS, which has suspended the release of certain income documentation during the budget impasse.


FHA commissioner to serve as HUD's acting No. 2


The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.


Waters likely to raise affordable housing’s profile in GSE debate


The Democrat, who will likely head the Financial Services Committee, has signaled she'll make expanded housing opportunities for lower-income consumers a top priority.


Fannie, Freddie could fix what ails VA, FHA lending


The Trump administration should consider putting much of the subsidized mortgage lending done by the federal government under the government-sponsored enterprises to improve efficiency and transparency.