The Department of Housing and Urban Development has announced a partnership with the nation's mayors and county officials to identify thousands of available homes to temporarily house families displaced by Hurricane Katrina.HUD Secretary Alphonso Jackson said public housing authorities within a 500-mile radius of New Orleans estimate that they have approximately 5,600 vacant units that could be made available to public housing residents forced to evacuate their homes. This is in addition to nearly 3,200 vacant single-family HUD-owned properties initially identified by HUD in five states near the affected areas.
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A coalition of Democratic attorneys general, led by California and Illinois, have sued the Department of Housing and Urban Development over a guidance that they argue will scale back enforcement to strict federal standards and threaten state funding to enforce fair housing laws.
19m ago -
The deregulatory executive order, which pairs with another targeting small players' home loan rules, impacts the FHFA, HUD and other agencies.
56m ago -
The smaller business owned by asset manager EJF Capital reported servicing 5,351 home loans with an unpaid balance of $1.18 billion in 2024.
2h ago -
A federal judge ruled that acting Consumer Financial Protection Bureau Director Russell Vought unlawfully refused to request agency funding from the Federal Reserve Board, dealing a procedural blow to a legal argument that the Fed can only fund the CFPB when it turns a profit.
March 15 -
A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
March 13 -
A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
March 13










