HUD announced its goal to advance sustainable homeownership as part of its new fiscal 2022-2026 strategic action plan.

The Consolidated Appropriations Act of 2022 includes $53.7 billion for the Department of Housing and Urban Development.

Homeowners should be wary of “too good to be true” schemes involving loan modifications and foreclosure rescues, the HUD’s internal watchdog warned.

This is a recurring conversation every time the National Flood Insurance Program is up for an extension.

The HUD watchdog plans to concentrate its oversight on high-risk and mission-critical areas, as well as emergency issues.

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.

The latest version of the Biden administration’s Build Back Better agenda retained several key programs intended to support homeownership.

The Department of Housing and Urban Development needs a “corrective action plan” to improve and continue to modernize its information systems, the HUD Office of Inspector General said last month.

First-time homebuyers seeking loans backed by FHA, VA or the Rural Housing Service are among those eligible for the DPA program under the Build Back Better Act.

The spending bill would direct $300 million for HUD information technology systems, including those that support FHA mortgage insurance programs and grant programs.