Residency requirements top HUD OIG’s list of open reverse mortgage issues
Three of the four open recommendations related to HECM from the HUD watchdog are all centered on one topic.
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Bipartisan duo begin public listening process for reauthorizing HOME, CDBG programs
Reps. Mike Flood and Emmanuel Cleaver are seeking public and stakeholder input on the possible reauthorization of two key HUD programs.
From tenant to trailblazer: Oralia Herrera takes helm at NAHREP
Oralia Herrera’s journey from an 8-year-old immigrant and tenant in a Chicago apartment to newly appointed president of the National Association of Hispanic Real Estate Professionals (NAHREP) is one she wouldn’t change a thing about. Sworn in on March 26 during NAHREP’s annual Homeownership and Housing Policy conference in Washington, D.C., Herrera now leads an […]
Judge rules in favor of Ginnie Mae in lawsuit brought by Texas Capital Bank
The case brought by TCB against Ginnie Mae has been ended via summary judgment in favor of the government. The bank has vowed to appeal.
HUD, DHS seek to stop undocumented immigrants from using federal housing programs
HUD and DHS will seek to end what they call “wasteful misappropriation” of taxpayer funds to housing programs that “benefit illegal aliens.”
HUD cancels HECM-related tech contract under direction of DOGE
A technology tool designed for use by reverse mortgage counselors is no longer available after its contract was canceled.
HUD rescinds appraisal review policies
Policies related to real estate appraisal appeals, or reconsiderations of value, have been rescinded by the Federal Housing Administration.
HUD approves then rescinds funds for NY housing groups
Millions in federal grants for housing groups in New York City were reportedly held up Friday, just after news that the funds were approved.
Judges rule that CFPB, HUD probationary employees still have jobs — for now
Probationary employees at the CFPB, HUD and other federal agencies had their jobs restored temporarily in two court rulings this week.
Los Angeles suspends new Section 8 applications, approvals amid federal uncertainty
The organization explained that it made the move because it does not expect Congress to appropriate enough federal funding to continue support for the program this year.