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.
Regulatory
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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.
Trump names Jonathan McKernan director of gutted CFPB
Trump has nominated Jonathan McKernan, former board member of the FDIC and senior counsel of policy at FHFA, to be director of the CFPB.
The CFPB may be frozen, but RESPA hasn’t gone away
Regulatory experts weigh in on what Russell Vought’s decision to shut off CFPB funding means for the enforcement of RESPA and UDAAP
Vought shuts down most of CFPB’s functions, cuts off funding
Russell Vought, the new acting director of the CFPB, is shutting down most of its functions and has cut off its funding.
A timeline of what’s happening at the CFPB under Trump
President Trump’s shake-up of the CFPB continues. Here’s a timeline of everything that’s happened at the bureau since Trump’s inauguration.
Project 2025 architect Russell Vought takes over CFPB
Russell Vought, an architect of Project 2025 and the current head of OMB, is the new acting head of the CFPB.
Proprietary reverse mortgage business in Oregon could be in danger
A bill introduced in Oregon could halt proprietary reverse mortgage business if enacted, according to NRMLA.