House passes bill allowing telecom, utility payments in credit scores


The legislation, authored by Rep. Keith Ellison, D-Minn., is aimed at helping lower-income consumers build their credit histories.


HUD taking a closer look at 'disparate impact' rule


Courts have validated the legal theory behind punishing lenders for unintentional discrimination, but the Trump administration has shown interest in revising the Obama-era policy.


Overhauling 'dark ages' FHA a must for housing reform, HUD says


Risk management and technology systems at the Federal Housing Administration lag decades behind Fannie Mae and Freddie Mac and desperately need to be revamped, according to a top official at HUD.


CFPB signals pullback on discrimination cases


The CFPB is looking to rescind Obama-era policy that allowed it to punish banks and financial firms for unintentional discrimination.


Manufactured housing giant endorses HUD's call for regulatory relief


The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.


Low Income Housing Tax Credit gets boost from spending bill


Lawmakers approved a measure to increase the program's funding by nearly $3 billion over four years.


Senate Dems criticize Carson over HUD enforcement practices


Senate Democrats accused Housing and Urban Development Secretary Ben Carson and his agency of failing to enforce fair housing laws.


FHA is making progress on False Claims Act concerns: Carson


HUD Secretary Ben Carson told lawmakers that overly rigid False Claims Act enforcement had forced lenders to suffer financially for what were just minor errors, but that lenders' fears of being sued were dissipating.


Upbeat FHA outlook in Trump budget renews calls for premium reduction


The new budget proposal projects a very profitable Federal Housing Administration in fiscal year 2019, but there are no indications the FHA will reduce its mortgage insurance premiums anytime soon.


FHA moves closer to allaying lenders' False Claims Act fears


The agency is winning praise for changes in how loans are evaluated for defects, which could cut down on the risk of enforcement actions.