Government shutdown nails housing programs in week 2
The longer the government shutdown lasts, the more it impacts the real estate industry. Here are the latest updates on the cusp of the shutdown’s third week. Continue reading
The longer the government shutdown lasts, the more it impacts the real estate industry. Here are the latest updates on the cusp of the shutdown’s third week. Continue reading
Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies. Continue reading
Less than four days after being confirmed as head of the mortgage giants’ federal regulator, housing scion Bill Pulte fired 14 board members and made himself the chair of both companies. Continue reading
A federal judge has temporarily blocked the Department of Housing and Urban Development from canceling 78 Fair Housing Initiatives Program grants. The judge’s decision comes as Democratic congressmembers demand HUD edit its cost-cutting plans. Continue reading
Senators Maxine Waters (D-CA) and Elizabeth Warren (D-MA) sent Department of Housing and Urban Development Secretary Scott Turner a letter on Monday, demanding that he halt plans to cut staff at the Office of Fair Housing and Equal Opportunity. Continue reading
Black Knight is reportedly looking to spin off its Empower loan origination system to placate regulators’ antitrust concerns as critics raise market power, data privacy issues. Continue reading