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Home » HUD

Articles Tagged with ''HUD''

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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SCOTUS, FHFA and the Eviction Moratorium

September 9, 2021
Dennis Hollier
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.
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FHFA Proposes GSEs Flesh Out Equitable Housing Plans

September 9, 2021
Dennis Hollier
The plans will focus on reducing the racial and ethnic homeownership gap and helping to mitigate underinvestment and undervaluation in previously redlined neighborhoods.
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Biden Administration Includes FHFA in Affordable Housing Plan

September 3, 2021
Dennis Hollier
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.
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FHFA Partners with HUD on Fair Housing Enforcement

August 20, 2021
Dennis Hollier
Sandra Thompson and Marcia Fudge combine forces to monitor GSE compliance with the Fair Housing Act.
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