HUD scores a C in cyber security test, other agencies fare worse

Report finds seven federal agencies, including the U.S. Department of Housing and Urban Development, have failed to protect Americans’ personal and financial information. Continue reading

Inman Handbook on new-home sales

New-home sales illuminate the health of the market and where it might be heading in the near-term. As agents grapple with tight inventory, they’ll want to keep an eye on the data. Continue reading

Ben Caron joins board of directors of largest homebuilder in US

The largest homebuilder in America, D.R. Horton, announced it appointed former HUD Secretary Ben Carson to its board of directors. Continue reading

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

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

New housing construction drop again in February

Residential housing starts dropped 1.5 percent to a seasonally adjusted rate of 1,599,000 in February, according to a new sales report released Wednesday. Continue reading

Housing construction falls in January — but new permits soar

Residential housing starts fell 3.6 percent, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Continue reading