HUD – Page 8 – Cantilever Real Estate

Trump administration ends Affirmatively Furthering Fair Housing rule

February 26, 2025 by bp56691

During a media conference on Wednesday, HUD officials announced that the agency was ending the Affirmatively Furthering Fair Housing (AFFH) rule. They claim that the rule amounted to the federal government “annexing” the suburbs, a claim that was echoed by President Donald Trump in 2020.

DOGE accessed confidential HUD data on housing discrimination, report says

February 26, 2025 by bp56691

Elon Musk’s Department of Government Efficiency (DOGE) has accessed U.S. Department of Housing and Urban Development (HUD) confidential data related to housing discrimination, according to a report from non-profit investigative journalism outlet ProPublica. ProPublica said its findings are based on information obtained and confirmed through HUD sources.

Texas Capital Bank opposes summary judgment motion in Ginnie Mae suit

February 24, 2025 by bp56691

TCB says that granting the government a summary judgment in its lawsuit against Ginnie Mae would be based on on an “incorrect” idea.

NC governor needs $1.4B in block grants for post-Helene recovery. That could be a problem

February 22, 2025 by bp56691

NC governor needs .4B in block grants for post-Helene recovery. That could be a problem

The governor has requested additional funding from Congress, but the possibility of deep HUD cuts complicates the path ahead.

With Ginnie Mae under fire, concern about market disruption is growing

February 21, 2025 by bp56691

Ginnie Mae is a target of DOGE, but housing companies are pushing back according to reporting from Bloomberg.

Judge clears way for federal layoffs, including at the CFPB and VA

February 21, 2025 by bp56691

A judge cleared the path for mass layoffs of federal workers, including at the CFPB, by ruling against a Treasury Employees Union lawsuit.

HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cuts

February 19, 2025 by bp56691

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.”

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.