With the U.S. government shutdown in effect and little progress made on an eventual reopening, mortgage lenders are busy measuring operational impacts while introducing strategies drawn on past experience to keep business flowing. As of Wednesday, many questions remain about the full extent of the impact on support provided to lenders, with most federal services […]
Shutdown tests lenders’ plans to keep loans moving Read More »
A message on the Department of Housing and Urban Development’s website blaming “the Radical Left” for the government shutdown has prompted legal complaints and accusations of a Hatch Act violation. HUD officials Wednesday pushed back on criticism of the pop-up window and banner on their home page stating “The Radical Left in Congress shut down
HUD accused of violating Hatch Act over shutdown message Read More »
The Trump administration is preparing to slash funding for permanent housing programs aimed at addressing homelessness and shifting billions toward transitional housing that requires work or service participation, according to a report from Politico. The Department of Housing and Urban Development’s (HUD) Continuum of Care program — the nation’s largest initiative to house people experiencing
Trump administration plans deep cuts to homeless housing program Read More »
The Trump administration is preparing to slash funding for permanent housing programs aimed at addressing homelessness and shifting billions toward transitional housing that requires work or service participation, according to a report from Politico. The Department of Housing and Urban Development’s (HUD) Continuum of Care program — the nation’s largest initiative to house people experiencing
Trump administration plans deep cuts to homeless housing program Read More »
The Federal Housing Administration (FHA) has extended the timeline for mortgage servicers to comply with the new loss-mitigation waterfall, according to a mortgagee letter issued Wednesday. While the provisions may be implemented by Oct. 1, they must be fully in place no later than Dec. 30, 2025, according to the letter signed by Frank Cassidy,
FHA extends loss-mitigation deadline for mortgage servicers Read More »
Internal documents and interviews reviewed by The New York Times reveal that Trump administration officials at the Department of Housing and Urban Development (HUD) have sharply limited enforcement of the Fair Housing Act — a cornerstone civil rights law designed to prevent discrimination in housing. Emails, memos and testimony from current and former employees obtained
HUD rolls back Fair Housing enforcement, internal records show Read More »
RAND and the Terner Center for Housing Innovation at the University of California at Berkeley have released a joint report examining how local housing agencies can more effectively use federal housing vouchers. The study, funded by the Cooper Housing Institute, found that while the Housing Choice Voucher (HCV) program — popularly known as Section 8
RAND study reveals key strategies to boost housing voucher effectiveness Read More »
Even with options in place to prevent them, reverse mortgages can end in foreclosure. But Byron Batres thinks his company can offer a solution to reduce these outcomes. While more recent numbers aren’t available, a 2019 analysis by the Government Accountability Office (GAO) of Federal Housing Administration (FHA) data found that the share of Home
Is there a better way to avoid reverse mortgage foreclosures? Read More »
U.S. Reps. Mike Flood (R-Neb.) and Emanuel Cleaver (D-Mo.) introduced the Streamlining Manufactured Housing Standards Act on Wednesday, which clarifies that the U.S. Department of Housing and Urban Development (HUD) has the sole authority to establish energy efficiency and safety standards for manufactured housing. “America has been grappling with a housing crisis and cutting red
Bipartisan House bill would strengthen HUD’s grip on manufactured housing standards Read More »
Tennessee-based homebuilder Clayton Homes presented the first official single-section CrossMod manufactured homes at the U.S. Department of Housing and Urban Development’s 2025 Innovative Housing Showcase this past weekend. The event allowed the public, policymakers and housing leaders to tour the model, which was introduced following the expansion of conventional financing options by Fannie Mae and
Clayton debuts CrossMod manufactured homes at HUD showcase Read More »