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Home » HUD

Articles Tagged with ''HUD''

Trump-Led Shake-Up of Federal Agencies Dragging

January 29, 2025
Dennis Hollier and Shannon Clark
The Trump administration’s failure to name acting directors for key federal agencies leaves them either under the control of Biden appointees or without a presidentially appointed leader.
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HUD Nominee Plans to Review Programs, Maximize Budget

January 24, 2025
Brandon Ivey
Housing Secretary nominee Scott Turner offered few specifics during his confirmation hearing last week. But he outlined plans to review agency programs and maximize their budgets.
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Around the Industry

January 24, 2025
Brandon Ivey
HUD gets acting secretary; FHA revises qualification requirements for single-family nonprofit program; exemption from hiring freeze excludes VA’s home loans program.
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HUD Secretary Nominee Turner Punts on Budget Questions

January 17, 2025
Monica Hogan
Scott Turner, nominee for secretary of the Department of Housing and Urban Development, told senators during his confirmation hearing that Congress holds the purse strings.
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Georgia Woman Pleads Guilty to Mortgage Fraud

January 16, 2025
Monica Hogan
More than 450 mortgage loans, many of them insured by FHA, were approved based on fabricated documents tied to the guilty plea.
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HUD, PHH Settle on Servicing Convenience Fees

January 14, 2025
Monica Hogan
HUD alleged PHH charged convenience fees in violation of FHA requirements.
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NAHB, State AGs Sue HUD Over Energy Code Mandates

January 10, 2025
Monica Hogan
The plaintiffs contended that the new standards act as a deterrent to new construction and are in direct conflict with the current energy codes in the majority of jurisdictions around the country.
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FHA Finalizes Updates to Servicing Defect Taxonomy

January 10, 2025
Monica Hogan
To this point, FHA hadn’t published its method of identifying servicing defects before, except in draft form.
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HUD Revises Underwriting Rules for HOME Program

January 10, 2025
Monica Hogan
The changes are meant to better align the program with other federal housing programs and adhere to legislative updates.
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Around the Industry

January 10, 2025
Monica Hogan
Scott Turner’s nomination hearing scheduled for next week; FHA updates draft mortgagee letter on partial claim document recording and payoff statements; Fannie Mae updates Desktop Underwriter in support of FHA and VA loan limit changes; FHA adopts Uniform Residential Loan Application for Title I loan programs; the Mortgage Bankers Association provides feedback on proposed updates to Title I manufactured housing program; FHA outlines changes on multifamily loan underwriting thresholds.
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