HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cuts
A former official said that layoffs at Ginnie Mae could delay or table certain programs like HMBS 2.0, but a source familiar with HUD’s plans disputed any “drastic staffing cuts.”
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The Trump administration thinks HUD’s Disaster Relief is a waste of money. They’re wrong
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
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
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
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
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
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?
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
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?
What awaits the new HUD Secretary, Scott Turner, President Trump’s former White House Opportunity Zone czar and NFL star?