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Home » HUD

Articles Tagged with ''HUD''

OIG Continues to Find Flaws With FHA Flood Coverage

April 1, 2022
Monica Hogan
Borrowers with FHA loans don’t always have enough flood insurance, according to a recent report by HUD’s Office of Inspector General.
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Around the Industry

April 1, 2022
Monica Hogan
FHA issues clarification on reimbursement claims; MISMO seeks comments on a new dataset to support a VA certificate of eligibility form; HUD Office of Native American Programs to host virtual summit; HUD seeks nominations for Tribal Intergovernmental Advisory Committee.
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White House Announces Plan to Confront Mortgage Appraisal Bias

March 24, 2022
Monica Hogan
The five-point action plan includes initiatives to create a more diverse appraiser workforce and raise awareness about consumer rights.
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Tribal Groups Want to be Heard on DPA Rulemaking

March 24, 2022
Monica Hogan
Native American tribes have urged HUD to engage in “robust and meaningful” consultation before undertaking changes to the FHA downpayment assistance program.
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New Omnibus Spending Bill Increases HUD’s Budget

March 18, 2022
Monica Hogan
The Consolidated Appropriations Act of 2022 includes $53.7 billion for the Department of Housing and Urban Development.
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HUD OIG Warns Borrowers of Loan-Modification Scams

March 18, 2022
Monica Hogan
Homeowners should be wary of “too good to be true” schemes involving loan modifications and foreclosure rescues, the HUD’s internal watchdog warned.
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Borrower Pleads Guilty to FHA Loan Application Fraud

March 18, 2022
Monica Hogan
A North Providence, RI, woman has pleaded guilty to providing false information to a mortgage lender when applying for an FHA mortgage.
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OIG Asks HUD to Add Controls Over FHA Refunds

January 21, 2022
Monica Hogan
The HUD Office of the Inspector General has recommended new procedures to address deficiencies in how FHA handles unpaid refunds that are due to borrowers.
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Former Freddie CEO Pans Approach to Rental Assistance

October 15, 2021
Dennis Hollier
LIHTC and GSE programs both use the same flawed system for determining whether a project is “affordable,” revealed David Brickman, former CEO of Freddie Mac.
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HUD Plans for Affordable Housing Gain Kudos From Industry

September 23, 2021
Monica Hogan
HUD joins FHFA in limiting sale of REO property to investors. The plan is to make sure more affordable housing is available to private buyers and nonprofits.
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