HUD – Page 6 – Cantilever Real Estate

The Trump administration thinks HUD’s Disaster Relief is a waste of money. They’re wrong

February 19, 2025 by bp56691

The U.S. Department of Housing and Urban Development (HUD) has announced its own DOGE Task Force this week, after Elon Musk’s team ravaged the Consumer Financial Protection Bureau (CFPB) last week. While American voters have little transparency into this undemocratic firing squad, we know that they intend to fire half of all HUD’s employees, including those […]

Massive FHA cuts would create dysfunction for mortgage industry, homeowners: ex-official

February 19, 2025 by bp56691

A large-scale layoff at FHA could damage mortgage lenders and investors who rely on popular programs like Section 8 and Section 202, an ex official said.

DOGE says it has recovered $1.9B in ‘misplaced’ HUD funds

February 15, 2025 by bp56691

DOGE announced in a post on X Friday that it had recovered $1.9 billion in HUD funds that were misplaced by the Biden administration.

These are the functions of the HUD offices targeted for mass firings

February 14, 2025 by bp56691

The White House and key leaders aimed at cost-cutting inside the federal government have reportedly trained their eyes on the U.S. Department of Housing and Urban Development (HUD), and that reporting suggests it is culminating in a series of cuts that could include as much as 50% of the department’s workforce of roughly 9,600 people. […]

HUD to cut 50% of its workforce in latest Trump purge

February 14, 2025 by bp56691

HUD will cut employees in the offices that enforce civil rights laws, compile data and pay to rebuild communities after disasters.

As White House scrutinizes HUD programs, union leaders offer a waste target

February 13, 2025 by bp56691

Despite a high level of anxiety at HUD, a pair of union leaders said there could be a chance to do away with at least one “inefficient” program.

Could government funding scrutiny come for reverse mortgage programs?

February 12, 2025 by bp56691

Reverse mortgage programs have performed well recently, according to HUD reports, but the Trump administration is bringing added scrutiny.

Legal experts weigh in on the CFPB and the future of regulation

February 12, 2025 by bp56691

What will the CFPB look like under new director Jonathan McKernan? Legal experts weigh in on the federal and state regulatory environment.

What awaits new HUD Secretary Scott Turner?

February 5, 2025 by bp56691

What awaits the new HUD Secretary, Scott Turner, President Trump’s former White House Opportunity Zone czar and NFL star?

New York bill would require reverse mortgage lenders to strengthen consumer disclosures

February 4, 2025 by bp56691

A New York state senator’s bill seeks to require lenders to offer more comprehensive reverse mortgage information to borrowers at least five days before closing.