HUD and the FHFA are changing. Here’s everything you need to know

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

Appraisal Institute rocked by NYT exposé, lawsuits by former execs

Professional association is fighting accusations that it knowingly reported inaccurate exam scores to state agencies and ignored a top executive’s alleged sexual harassment of multiple employees. Continue reading

Trump’s 1st 100 days in office and its impact on real estate

What the rest of this year will look like under Trump 2.0 with regard to real estate is anyone’s guess. Cara Ameer breaks down the possibilities, problems and opportunities. Continue reading

Trump’s 1st 100 days in office and its impact on real estate

What the rest of this year will look like under Trump 2.0 with regard to real estate is anyone’s guess. Cara Ameer breaks down the possibilities, problems and opportunities. Continue reading

Democrats question legality of Fannie, Freddie board purges

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

Federal judge saves HUD fair housing grants from DOGE cuts

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

Trump administration lifts FHA appraisal bias protections

Lenders no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a “reconsideration of value.” Continue reading

Senators Waters, Warren sound alarm on HUD cost-cutting plan

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

LA wildfire victims get extension on foreclosure, eviction moratorium

The moratorium on foreclosures and evictions for wildfire victims with FHA-backed single-family mortgages will be extended until July 7, 2025, HUD announced Thursday. Continue reading

DOGE’s moves could destabilize mortgage finance system

National Housing Conference President and CEO David Dworkin, a centrist advocate for affordable housing stakeholders, warns of unintended consequences of downsizing of HUD, FHA and Ginnie Mae. Continue reading