HUD sends $690M to states for affordable housing

The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households. Continue reading

Marcia Fudge sworn in as HUD secretary with a fair housing focus

NAR looks forward to working with Fudge “to address racial disparities in real estate and our nation’s persistent housing affordability crisis.” Continue reading

Chase settles with Black homeowner over alleged discriminatory appraisal

The lender will pay the Chicago homeowner $50K and provide mandatory training to its employees on fair lending and appraisals. Continue reading

What should landlords do when tenants can’t pay rent?

The number of people who have filed for unemployment in the past few weeks is approaching 10 million. This week, many of those people also had to pay rent. Continue reading

Housing protections in the stimulus bill explained

The 880-page bill signed into law by Trump on Friday includes credit protections, foreclosure moratoriums and forbearance on some mortgages. Continue reading

Major California landlord group calls for rent freezes, eviction halts

The California Apartment Association represents numerous owners and managers. Referring to the coronavirus pandemic, it said the “challenge before us is one like we have never endured” Continue reading

Zumper fast-tracks online tour tools, presses on with hiring plans

The nation’s largest rental search and transaction platform has pushed up the launch of new online tour tools to counter the “coronavirus market.” HUD’s call to delay evictions could have long-standing impact on property market. Continue reading

Trump administration announces halt on foreclosures and evictions

For now, evictions and foreclosures will be placed on a moratorium until the end of April. Continue reading