The Trump administration plans to slash federal rental aid that keeps millions of families off the streets. President Donald Trump’s latest budget proposal includes a 43.6% cut to the Department of Housing and Urban Development’s (HUD) rental assistance programs, effectively dismantling housing voucher programs like Section 8. It further establishes a two-year cap on assistance…
Federal judges are pushing back against changes at the government agencies that empower and protect homebuyers. A federal judge in Massachusetts issued a temporary order to stop the Department of Housing and Urban Development’s cancellation of fair housing grants. Four member organizations of the National Fair Housing Alliance filed a class action lawsuit on March…
The leaders of the Department of Housing and Urban Development and the Department of the Interior announced a joint venture to release federal land for housing development. HUD Secretary Scott Turner and DOI Secretary Doug Burgum co-authored a piece published by the Wall Street Journal announcing the creation of a Joint Task Force on Federal Land…
Secretary Scott Turner at the U.S. Department of Housing and Urban Development is scrapping the 2021 Affirmatively Furthering Fair Housing rule. AFFH, which was established under the 1968 Fair Housing Act, directs the government to promote fair housing choice, eliminate disparities in housing, and foster inclusive communities. A similar Obama-era rule was overturned during the…
The U.S. Department of Housing and Urban Development is launching a Department of Government Efficiency Task Force, ordered by new HUD Secretary Scott Turner. A press release said the intent is to “review how HUD is spending American taxpayer dollars” and ensure the agency’s budget and programs are maximized to “advance the purpose of the…
PHH Mortgage Corp. settled with the U.S. Department of Housing and Urban Development to resolve allegations of illegal “pay-to-pay” charges. HUD accused PHH of unlawfully charging fees to borrowers making a mortgage payment, violating requirements laid out by the Federal Housing Administration. Specifically, HUD says PHH charged borrowers making a payment over the phone (both…
Both new and pending home sales saw a significant boost in November as inventory corrected and buyers adjusted to 6%-plus interest rates. New home sales increased a whopping 5.9% to a seasonally adjusted annual rate of 664,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Year-over-year, they…
The Department of Housing and Urban Development’s Federal Housing Administration is extending its foreclosure moratoriums on FHA-insured homes damaged by Hurricanes Helene and Milton. Impacted homes must be FHA-insured Single Family Title II forward and Home Equity Conversion Mortgages in Presidentially Declared Major Disaster Areas resulting from these hurricanes. The moratoriums will be in effect…
By KIMBERLEY HAAS Conflicts between regulations requiring appraiser independence and recent enforcement actions are the basis of a lawsuit filed in federal district court. Lawyers for Rocket Mortgage are asking for declaratory and injunctive relief after officials at the U.S. Department of Housing and Urban Development charged the company with housing discrimination. HUD claims a…
The U.S. Department of Housing and Urban Development and Zillow are teaming up to expand homeownership for a new generation of buyers. Alongside a series of new actions expanding housing counseling services, HUD tapped Zillow to display ads for its “Let’s Make Home the Goal” campaign on its digital platforms. The campaign is a multi-year…
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