HUD yesterday published its proposed Affirmatively Furthering Fair Housing rule, which it said is intended to offer “clearer guidance” to states and local governments to help them improve affordable housing choices in their community.
Tag: HUD
New Home Sales Post Modest November Increase
November sales of new single‐family houses rose by 1.3 percent from October and by nearly 17 percent from a year ago, HUD and the Census Bureau reported yesterday.
MBA, Trade Groups Urge HUD Implementation of New Loan-Level Certification Rules
The Mortgage Bankers Association and other industry trade groups last week commended HUD for making recommended changes to FHA-insured mortgages and urged the department to move forward to implementation.
Strong Housing Starts Report Caps Off Big Week for Housing
We could get used to the kind of momentum the housing market has right now.
Senate Banking Committee Moves Brian Montgomery Nomination as HUD Deputy Secretary
The Senate Banking Committee yesterday approved Brian Montgomery’s nomination as HUD Deputy Secretary by a 20-5 vote.
Residential Briefs
The Federal Housing Finance Agency will extend, from Dec. 19 to Jan. 21, 2020, the deadline for interested parties to provide input on potential changes to Fannie Mae and Freddie Mac Uniform Mortgage-Backed Security pooling practices.
October New Home Sales Dip, But Outlook Brighter
HUD and the Census Bureau yesterday reported sales of new single‐family houses in October fell slightly but performed strongly compared to a year ago.
October Housing Starts: Slow and Steady Wins the Month
October housing starts rose by nearly 4 percent, HUD and the Census Bureau reported yesterday, a welcome signal that momentum appears to be rising among home buyers and home builders.
MBA Urges Banking Committee Support for Brian Montgomery HUD Nomination
Ahead of a nomination hearing this morning, the Mortgage Bankers Association urged the Senate Banking Committee to approve Brian Montgomery’s nomination as HUD Deputy Secretary.
MBA Advocacy Update
Last Friday, MBA President and CEO Bob Broeksmit, CMB, attended a White House meeting chaired by HUD Secretary Ben Carson and attended by other senior administration officials and key industry stakeholders to discuss housing affordability. And on Monday, the Federal Housing Finance Agency announced it is seeking comment on pooling practices for Fannie Mae and Freddie Mac in the Uniform Mortgage-Backed Securities market.