The Biden Administration on Monday submitted a record $5.8 trillion budge proposal for fiscal year 2023 to Congress, including a nearly $12 billion increase for HUD over fiscal 2022.
Tag: Marcia Fudge
Administration Launches Reforms on Equity in Appraisals
The Biden Administration on Wednesday released an action plan targeting racial bias in the home lending and appraisal process and promoting wealth creation through homeownership.
Administration Launches Reforms on Equity in Appraisals
The Biden Administration on Wednesday released an action plan targeting racial bias in the home lending and appraisal process and promoting wealth creation through homeownership.
Biden to Nominate Sandra Thompson as FHFA Director
President Joe Biden on Tuesday announced his intent to nominate Sandra Thompson as Director of the Federal Housing Finance Agency, an appointment long-supported by the Mortgage Bankers Association.
FHA Actuarial Report: Capital Ratio Grows to 8.03%; HECM Ratio Positive for First Time Since 2015
HUD on Monday released its fiscal year 2021 report to Congress on the financial health of the Federal Housing Administration Mutual Mortgage Insurance Fund, showing a nearly 2 percent increase in the fund’s capital ratio to more than 8 percent, well above its congressionally mandated minimum of 2 percent.
FHA Actuarial Report: Capital Ratio Grows to 8.03%; HECM Ratio Positive for First Time Since 2015
HUD on Monday released its fiscal year 2021 report to Congress on the financial health of the Federal Housing Administration Mutual Mortgage Insurance Fund, showing a nearly 2 percent increase in the fund’s capital ratio to more than 8 percent, well above its congressionally mandated minimum of 2 percent.
FHA Actuarial Report: Capital Ratio Grows to 8.03%; HECM Ratio Positive for First Time Since 2015
HUD on Monday released its fiscal year 2021 report to Congress on the financial health of the Federal Housing Administration Mutual Mortgage Insurance Fund, showing a nearly 2 percent increase in the fund’s capital ratio to more than 8 percent, well above its congressionally mandated minimum of 2 percent.
HUD, FHFA Heads Zero in On Housing Affordability, Appraisals
SAN DIEGO—Few people have had more impact off the bat than HUD Secretary Marcia Fudge and Federal Housing Finance Agency Acting Director Sandra Thompson.
HUD, FHFA Heads Zero in On Housing Affordability, Appraisals
SAN DIEGO—Few people have had more impact off the bat than HUD Secretary Marcia Fudge and Federal Housing Finance Agency Acting Director Sandra Thompson.
HUD: Without New Housing Supply, Cost Burdens to Increase
HUD this week released its latest research on innovative strategies being pursued by state and local governments to remove regulatory barriers to affordable housing and increase housing supply, while cautioning that without “significant” news housing, cost burdens are likely to increase.