Democrats weighing government shutdown to protest DOGE cuts

As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to federal workforce and programs. Continue reading

DOGE claims to have ‘recovered’ $1.9B in ‘misplaced’ HUD funds

The Department of Government Efficiency (DOGE) claims to have “recovered” $1.9 billion in misallocated Department of Housing and Urban Development (HUD) funds, the agency announced on X Friday. While DOGE attempted to redact sensitive details in the sh… Continue reading

Audits find fault with help provided to FHA borrowers during pandemic

Loan servicer Mr. Cooper is ‘deeply disappointed’ that the HUD OIG audit focused on problems it says were mostly technical, rather than on borrower outcomes. Continue reading

Carrington grudgingly signs off on $5.25M COVID-19 relief settlement

CFPB alleges some homeowners who sought forbearance during the pandemic were charged improper late fees and weren’t fully informed of their options. Continue reading