Tenants in HUD housing now have to prove they’re US citizens

Secretary Scott Turner vowed the agency would “leave no stone unturned” in rooting out non-citizens who might be taking advantage of HUD-funded housing. Continue reading

FHA builds record reserves against a gathering storm of delinquencies

With delinquencies and debt-to-income ratios on the rise, the Trump administration is lifting foreclosure restrictions and eyeing tighter underwriting requirements for borrowers with multiple risk factors. Continue reading

HUD shifts homeless policy away from providing permanent housing

$3.9 billion in competitive grant funding will favor transitional housing with employment and addiction treatment requirements, and allow faith-based groups to submit bids to provide services. Continue reading

How HUD’s English-only policy undermines fair housing

Realtors cannot stand idly by in the face of discriminatory housing policies, coach Darryl Davis writes. It’s time to fight for the homeownership rights of non-English-speaking clients and neighbors. Continue reading

How HUD’s English-only policy undermines fair housing

Realtors cannot stand idly by in the face of discriminatory housing policies, coach Darryl Davis writes. It’s time to fight for the homeownership rights of non-English-speaking clients and neighbors. Continue reading

Gary Keller, Opendoor stock, one broker’s TikTok: Inman’s Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Sec. Scott Turner: HUD breaks down barriers to homeownership

HUD Secretary Scott Turner shares how new policy rescissions simplify processes, reduce financing costs and strengthen the housing market, fostering a more effective FHA-insured lending process. Continue reading

Trump administration relaxes FHA flood risk, appraisal requirements

Recission of a dozen regulatory policies is aimed at “slashing red tape that drives up costs and shuts families out of the market,” HUD Secretary Scott Turner said. Continue reading

Trump looks to South Korea to bring down mortgage rates

Overseas investors hold about $1.36 trillion in U.S. mortgage debt, with Japan, China, Taiwan and Canada accounting for 61 percent of that total. Continue reading

Senate confirms HUD deputy secretary in 51-43 vote

The Senate confirmed Department of Housing and Urban Development Chief of Staff Andrew Hughes as the department’s deputy secretary. Hughes also worked under former Secretary Ben Carson. Continue reading