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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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HomeHUD

HUD

Housing Wire

White House, HUD and CFPB detail new actions and priorities to protect renters

July 28, 2023 Mark Paul Cervantes Comments Off on White House, HUD and CFPB detail new actions and priorities to protect renters

Multiple agencies across the federal government including the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) have all renewed their efforts to […]

Housing Wire

House GOP aims to reduce HUD budget in effort to ‘rein in spending’

July 19, 2023 Mark Paul Cervantes Comments Off on House GOP aims to reduce HUD budget in effort to ‘rein in spending’

The U.S. House of Representatives Appropriations Committee last week released details of its fiscal year 2024 Transportation, Housing and Urban Development, and Related Agencies Appropriations Bill, which aims to reduce the budget of the U.S. […]

Housing Wire

HUD names Monocchio assistant secretary for Public and Indian Housing

May 23, 2023 Mark Paul Cervantes Comments Off on HUD names Monocchio assistant secretary for Public and Indian Housing

The U.S. Department of Housing and Urban Development (HUD) announced on Monday the appointment of Richard J. Monocchio to serve as its new principal deputy assistant secretary (PDAS) for Public and Indian Housing (PIH). Monocchio […]

HUD
Housing Wire

HUD watchdog: oversight of temporary COVID-19 forbearances is lacking

May 18, 2023 Mark Paul Cervantes Comments Off on HUD watchdog: oversight of temporary COVID-19 forbearances is lacking

The watchdog for the U.S. Department of Housing and Urban Development (HUD) says an audit discovered that the temporary policy for endorsement of loans with COVID-19 forbearance activity had multiple compliance issues. The Office of […]

Housing Wire

HUD invests $837M in energy, climate renovations for multifamily housing

May 13, 2023 Allen Santos Comments Off on HUD invests $837M in energy, climate renovations for multifamily housing

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced that it will be investing more than $837 million in funds from the 2022 Inflation Reduction Act and its own commitment authority to […]

Housing Wire

HUD raises Housing Choice Voucher funding to $30 billion for 2023

April 14, 2023 Mark Paul Cervantes Comments Off on HUD raises Housing Choice Voucher funding to $30 billion for 2023

The U.S. Department of Housing and Urban Development (HUD) this week announced that it is allotting $30.3 billion for the Housing Choice Voucher (HCV) Program for 2023. The increase marks a 10.5% increase to the […]

Housing Wire

HUD announces relief for Arkansas homeowners impacted by tornadoes

April 6, 2023 Mark Paul Cervantes Comments Off on HUD announces relief for Arkansas homeowners impacted by tornadoes

The U.S. Department of Housing and Urban Development (HUD) announced several new relief provisions on Wednesday that are designed to assist Arkansa homeowners that were impacted by the tornadoes that swept through the region at […]

Housing Wire

HUD awards over $54 million in grants to curb housing discrimination

March 22, 2023 Mark Paul Cervantes Comments Off on HUD awards over $54 million in grants to curb housing discrimination

The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced it has awarded $54 million to 182 fair housing organizations across 42 states under its Fair Housing Initiatives Program (FHIP). The goal is […]

Housing Wire

HUD highlights support for expanding high-speed internet access

March 22, 2023 Allen Santos Comments Off on HUD highlights support for expanding high-speed internet access

The U.S. Department of Housing and Urban Development (HUD) on Monday released a new guidebook that highlights support for the expansion of high-speed broadband internet service to public housing authorities, multifamily owners and operators, and […]

Housing Wire

HUD restores Discriminatory Effects rule, revokes 2020 rule

March 20, 2023 Mark Paul Cervantes Comments Off on HUD restores Discriminatory Effects rule, revokes 2020 rule

The U.S. Department of Housing and Urban Development (HUD) announced on Friday that it rescinded a 2020 Trump-era rule governing Fair Housing Act disparate impact claims and has restored a 2013 Obama-era “Discriminatory Effects” rule […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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