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.

With the Centers for Disease Control and Prevention no longer able to offer eviction protection to delinquent renters, the speculation now is whether the housing finance agencies will institute a moratorium of their own.

The plans will focus on reducing the racial and ethnic homeownership gap and helping to mitigate underinvestment and undervaluation in previously redlined neighborhoods.

The agency will allow the GSEs to boost LIHTC investment by $350 million each and expand the sale of REO properties to owner-occupants and nonprofits.

Sandra Thompson and Marcia Fudge combine forces to monitor GSE compliance with the Fair Housing Act.

Industry consultants are cautioning companies to take steps to ensure their fair housing compliance teams are ready to defend an expected uptick in enforcement actions.

In particular, one clause could rankle mortgage industry participants: HUD also agreed to notify FHFA of any Fair Housing Act complaints related to counterparties of Fannie and Freddie.

Julia Gordon, the nominee for FHA commissioner, faced questions over past social media posts from Republicans and housing policy from Democrats at a hearing before the Senate Banking Committee.

FHFA and other federal financial regulators are still grappling with issues like whether the definitions of QMs and QRMs should remain identical.

The Appropriations Committee is expected to vote today on HUD's FY 2022 budget.