The Mortgage Bankers Association and a dozen industry trade groups urged HUD to address “severe processing delays” that are impeding financing of affordable housing in the Federal Housing Administration multifamily and healthcare programs.
Tag: HUD
People in the News July 22, 2021
Evolve Mortgage Services, Frisco, Texas, hired Tim Anderson as executive vice president and director of eMortgage strategy, to oversee further deployment of its digital closing platform.
HUD Proposes Restoring ‘Disparate Impact’ Rule
HUD on Friday proposed to restore its 2013 Discriminatory Effects Standard—known in the industry as the “Disparate Impact” rule.
HUD Proposes Restoring ‘Disparate Impact’ Rule
HUD on Friday proposed to restore its 2013 Discriminatory Effects Standard—known in the industry as the “Disparate Impact” rule.
Biden Administration Nominates Julia Gordon as FHA Commissioner; Dave Uejio as HUD Assistant Secretary
The Biden Administration on Friday nominated Julia Gordon as FHA Commissioner and announced Dave Uejio, who has been serving as Acting Director of the Consumer Financial Protection Bureau, has been nominated as HUD Assistant Secretary for Fair Housing and Equal Opportunity.
May New Home Sales Disappoint
New home sales tumbled by nearly 6 percent in May—and the report revised downward the previous three months’ statistics, HUD and the Census Bureau reported Wednesday.
May Housing Starts Seesaw Back on Track
One step back; one step forward. Housing starts have alternated between up and down during 2021, and in keeping with the pattern, improved in May after declining in April, HUD and the Census Bureau reported Wednesday.
HUD Restores Affirmatively Furthering Fair Housing Requirement
HUD published an interim final rule on Thursday to restore implementation of the Fair Housing Act’s Affirmatively Furthering Fair Housing requirement, which was discontinued during the Trump Administration.
Industry Briefs June 4, 2021
Zillow, Seattle, said Asian-headed households in the U.S. grew by 83% in the past two decades, far exceeding Latinx, Black, and white household growth. But that broad success masks major challenges to homeownership in the highly diverse community.
New Home Sales Tumble to 10-Month Low
New home sales took a double hit yesterday, according to HUD and the Census Bureau: not only did April new home sales fall by nearly 6 percent, March sales revised sharply downward by more than 10 percent.