HUD

Dana Wade, a former OMB official, says a strong capital footing will help the Federal Housing Administration weather an uptick in delinquencies and ensure the mortgage market is viable once the economy recovers.

The proprietors of the Lorraine Hotel in downtown Toledo have received multi-year prison sentences from a federal judge for orchestrating a $3.9 million fraudulent real-estate investment scheme, while a third person received probation.

While Black homeownership just rose to its highest level in 16 years, it's still the lowest of any racial demographic and 29 percentage points behind white people.

Black homeownership grew for the fourth quarter in a row, hitting its largest percentage since 2004 despite disproportionate impacts of the coronavirus.

The housing agency's prior permanent chief, Brian Montgomery, left the position after he was tapped to become deputy HUD secretary.

The Trump administration's executive order to terminate and replace federal enforcement of anti-discrimination policies at the local level, citing the burden it put on municipalities, enraged advocates of equitable housing practices.

The national conversation around systemic racism has compelled large banks to withdraw support from the “disparate impact” proposal. But community banks maintain that the proposed reforms would reduce frivolous claims.

The existing framework should not be revised until a consensus has been achieved among stakeholders, including civil rights experts, according to Quicken.

Congress should act in the next relief bill to provide the additional resources needed to build more affordable housing.

A bevy of housing advocates spoke against President Trump's threat to remove the Affirmatively Further Fair Housing Rule, a regulation that aims to end racial segregation.