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
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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Policies related to real estate appraisal appeals, or reconsiderations of value, have been rescinded by the Federal Housing Administration.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.
HUD’s Innovative Housing Showcase is returning to DC in 2025
This year, the showcase is tied to the 250th anniversary of the U.S. and an executive order issued by President Donald Trump on plans for a “grand celebration” of the milestone.
Report suggests key HECM field office at HUD could be shut down
Among dozens of reported potential field office closures, one in Oklahoma has the potential to significantly impact the FHA-insured HECM program.
Trump memo calls for escalation of mass layoffs at federal agencies
In a memo circulated on Wednesday, President Donald Trump laid out a two-phase requirement for agencies to eliminate more positions.