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FHA Tech Finally Ditching Mainframes for the Cloud

July 16, 2021
Maria Volkova
Plagued with years of failed technology modernization initiatives, HUD is turning things around with an IT modernization roadmap deemed a success thus far by HUD's Inspector General.
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GAO Offers Improvement Tips for HUD, Ginnie

July 16, 2021
Maria Volkova
Outstanding issues include Ginnie Mae's staffing-related challenges and the need to improve IT management.
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Biden Takes Aim at Home Appraisal Disparity

June 4, 2021
Maria Volkova
Commemorating the 100th anniversary of the Tulsa Race Massacre, the White House announced the creation of a task force led by the housing secretary to root out discrimination in the appraisal and homebuying process.
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Secretary Fudge Blames HUD for Housing Inequality

April 23, 2021
Maria Volkova
The new HUD secretary said real estate agents also are complicit in creating the homeownership gap by undervaluing properties and not providing buyers the relevant information.
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HUD Moves to Restore 2013 Disparate-Impact Theory

April 23, 2021
Maria Volkova
The return of the Obama-era rule would acknowledge that there is no room for discrimination in housing.
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Flagstar-DOJ Amend Settlement Over False Certifications

April 8, 2021
Maria Volkova
Flagstar Bank has made a final payment of $70 million to the DOJ to settle allegations of faulty underwriting on FHA loans from 2012.
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Secretary Fudge Wants $100 Billion More for HUD

March 26, 2021
Maria Volkova
Marcia Fudge invites political controversy during her first White House briefing as HUD secretary.
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House Discusses Assistance for First-Generation Homebuyers

March 26, 2021
Maria Volkova
A downpayment assistance bill, which is still just a “discussion draft,” has the potential to provide $20,000 to first-generation homebuyers.
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CRL Seeks Equitable Distribution of $10B Homeowner Fund

March 26, 2021
Maria Volkova
Equity in their homes isn’t enough to prevent many borrowers from losing their house to foreclosure, according to the CRL.
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OIG: HUD Failed to Provide Accurate Relief Information

October 2, 2020
Maria Volkova
An internal audit found HUD staff failed to provide servicers and borrowers with accurate information about pandemic-related relief.
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