HUD and the Census Bureau yesterday reported sales of new single‐family houses in September fell slightly from August but improved strongly from a year ago.
Tag: HUD
September Housing Starts Tumble, But Optimism Holds
Housing starts fell sharply in September, HUD and the Census Bureau reported yesterday, but single-family starts increased slightly, reflecting continued optimism among home builders.
MBA Advocacy Update
This past Monday, President Trump announced that he intends to nominate Federal Housing Administration (FHA) Commissioner Brian Montgomery to be the next Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). Also, President Trump signed two Executive Orders on regulatory guidance issued by federal agencies. And the Treasury Department issued proposed rules to help ease the transition from the London Interbank Offered Rate (LIBOR) to other reference rates.