Senate confirms HUD deputy secretary in 51-43 vote
The Senate confirmed Department of Housing and Urban Development Chief of Staff Andrew Hughes as deputy secretary. Hughes also worked under former Secretary Ben Carson
by Marian McPherson Jun 12
HUD and the FHFA are changing. Here's everything you need to know
Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies
by Marian McPherson Jun 5
Appraisal Institute rocked by NYT exposé, lawsuits by former execs
Professional association is fighting accusations that it knowingly reported inaccurate exam scores to state agencies and ignored a top executive's alleged sexual harassment of employees
by Matt Carter May 13
Trump's 1st 100 days in office and its impact on real estate
Opinion
What the rest of this year will look like under Trump 2.0 with regard to real estate is anyone’s guess. Cara Ameer breaks down the possibilities, problems and opportunities
by Cara Ameer Apr 29
Democrats question legality of Fannie, Freddie board purges
Less than 4 days after being confirmed as head of the mortgage giants' federal regulator, housing scion Bill Pulte fired 14 board members and made himself the chair of both companies
by Matt Carter Apr 16
Federal judge saves HUD fair housing grants from DOGE cuts
A federal judge has temporarily blocked the Department of Housing and Urban Development from canceling $30M in grants as Democratic lawmakers demand HUD edit its cost-cutting plans
by Marian McPherson Mar 27
Trump administration lifts FHA appraisal bias protections
Lenders are no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a 'reconsideration of value'
by Matt Carter Mar 21
Waters, Warren sound alarm on HUD cost-cutting plan
Representative Maxine Waters (D-CA) and Senator Elizabeth Warren (D-MA) sent HUD Secretary Scott Turner a letter demanding that he halt plans to cut staff at the Office of Fair Housing and Equal Opportunity
by Marian McPherson Mar 17
Picture of HUD Secretary Scott Turner speaking at a podium.
The moratorium on foreclosures and evictions for wildfire victims with FHA-backed single-family mortgages will be extended until July 7, 2025, HUD announced Thursday
DOGE's moves could destabilize mortgage finance system
National Housing Conference CEO David Dworkin, a centrist advocate for affordable housing stakeholders, warns of unintended consequences of downsizing of HUD, FHA and Ginnie Mae
by Matt Carter Feb 24
HUD, FHA staffing cuts would undermine housing, union warns
Trump administration silent on details but disputes the accuracy of a Feb. 18 report by Bloomberg Law that at least 40% of FHA's workforce are set to be laid off as part of cost-cutting initiatives
by Matt Carter Feb 20
DOGE claims to have 'recovered' $1.9B in 'misplaced' HUD funds
The Department of Government Efficiency (DOGE) claims HUD funds were earmarked for the administration of financial services that are no longer needed, the agency announced on X Friday
by Richelle Hammiel Feb 18
HUD to lay off approximately 4,800 employees under Trump plan
The US Department of Housing and Urban Development will eliminate half of its workforce as part of the Trump administration’s latest effort to reduce federal costs, it announced Thursday
by Richelle Hammiel Feb 14
Name change, budget cuts at top of HUD secretary’s list
Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent
by Marian McPherson Feb 6
Senate confirms Scott Turner as HUD secretary in 55-44 vote
Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44
by Marian McPherson Feb 5