U.S. Housing and Urban Development Secretary Shaun Donovan has proposed an initiative designed to ensure its "core housing programs are open to all, regardless of sexual orientation or gender identity." The proposed rule will be open to public comment. In addition, HUD said it would commission the first-ever national study of discrimination against members of the lesbian, gay, bisexual and transgender community in the rental and sale of housing. Mr. Donovan said evidence shows "some are denied the opportunity to make housing choices in our nation based on who they are and that must end." Few state and local studies exist, HUD said, but for example, a study by Michigan's Fair Housing Centers found that nearly 30% of same-sex couples were treated differently when attempting to buy or rent a home. The goal, HUD said, is to clarify that the term "family" as used to describe eligible beneficiaries of its public housing and Housing Choice Voucher programs to include otherwise eligible LGBT individuals and couples. Plus, it will require HUD programs' participants to comply with local and state non-discrimination laws; and require that any FHA-insured mortgage loan must be based on the credit-worthiness of a borrower, not their sexual identity.
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Panorama Mortgage Group's channels each had a different name, and SimplyPMG reflects a new emphasis on straightforwardness, said Hector Amendola, president.
May 29 -
The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.
May 29 -
The FHA published a request for information in the Federal Register Friday, looking for stakeholder comment on how to improve and modernize property standards.
May 29 -
Some international investors, who represent roughly 20% of Ginnie's market, are gravitating to real estate mortgage investment conduit securities.
May 29 -
The total delinquency rate rose 0.2 percentage points annually in March, with the share of loans 90 days late rising out of the range they were in since 2024.
May 29 -
The test of automated risk assessments for government-sponsored enterprise-eligible mortgages are designed to help determine when waivers might be possible.
May 29







