HUD on Friday proposed to restore its 2013 Discriminatory Effects Standard—known in the industry as the “Disparate Impact” rule.
Tag: Marcia Fudge
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.
#MBASPRING21 HUD Secretary Fudge Talks COVID, Infrastructure, Enforcement
A little more than a month ago, Rep. Marcia Fudge, D-Ohio, voted “yes” to approve the American Rescue Plan, a nearly $2 trillion initiative by the Biden Administration to support the economy. Now, as HUD Secretary, it’s her job to put key provisions of the legislation into action.
HUD: FHA Mutual Mortgage Insurance Fund Programs on Track; No Plans to Change Premiums
HUD released its quarterly report to Congress on the FHA Single-Family Mutual Mortgage Insurance Fund Programs. The report said the MMIF stands at more than $80 billion and remains well above the 2% minimum capital reserve required by Congress.
Senate Confirms Marcia Fudge as HUD Secretary
The Senate Wednesday afternoon confirmed Marcia Fudge, the Biden Administration’s nominee as HUD Secretary, by a 66-34 vote. The Senate also approved Merrick Garland’s nomination as Attorney General.
MBA Urges Senate to Approve Marcia Fudge as HUD Secretary
The Mortgage Bankers Association sent a letter this week urging the Senate to approve Marcia Fudge, the Biden Administration’s nominee as HUD Secretary.
HUD Nominee Pledges Accountability, Transparency
Rep. Marcia Fudge, D-Ohio, appeared before the Senate Banking Committee yesterday and pledged to work with lawmakers to combat homelessness and promote affordable housing opportunities.
MBA Sends Letter Supporting Marcia Fudge as HUD Secretary
Rep. Marcia Fudge, D-Ohio, appears before the Senate Banking Committee this morning for her confirmation hearing as HUD Secretary under the Biden Administration. Ahead of the hearing, the Mortgage Bankers Association sent a letter to the committee in support of her nomination.
HUD Announces New Leadership Appointees
Ahead of Thursday’s confirmation hearing for Rep. Marcia Fudge, D-Ohio, as HUD Secretary, HUD yesterday announced a slew of leadership appointments aimed at solidifying the Biden Administration’s footprint on the department.
The Week Ahead—Jan. 25, 2021
Good morning! Welcome to the first full week of business for the Biden Administration.