HUD

Sheldon Oak Central, a Connecticut affordable housing developer, is at risk of losing half a million dollars in federal subsidies if it can't come up with cash to rehab one of its aging properties.

A judge in Michigan has ordered the Justice Department and Quicken Loans attempt a settlement in a years-old lawsuit in which the federal government accused the mortgage lending company of fraud.

Sales of new homes rebounded to the best pace in almost a year and exceeded estimates in February, led by the Midwest, as lower mortgage costs helped buyers afford properties.

The Department of Housing and Urban Development said it's charging Facebook with allegedly violating the Fair Housing Act by restricting who can view housing-related ads.

As lawmakers discuss reform legislation, the president’s memo calls on agencies to draft both administrative and legislative reform options and deliver their reports “as soon as practicable.”

New-home groundbreakings fell in February by the most in eight months on a drop in single-family homes, suggesting buyers and builders remain wary despite higher wages and a drop in mortgage rates.

Sales of new homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines.

The Federal Housing Administration is moving forward with a long-delayed plan to reduce the term of the home warranty required for high loan-to-value mortgages on new houses.

New-home construction rebounded by more than expected in January amid strength in single-family starts and a nine-month high for permits, signaling the market is stabilizing thanks to lower mortgage rates.

Sales of new homes unexpectedly rose in December after a downwardly revised November reading, as lower mortgage rates and more-affordable properties offered some relief for buyers.

The secretary of housing and urban development plans to "finish out this term" but wants to return to "the private sector because I think you have just as much influence, maybe more."

New-home construction in December fell to the lowest since September 2016, as builders held back during a turbulent month for financial markets.

The agency's pilot program, designed to streamline mortgage insurance applications associated with the Low-Income Housing Tax Credit program, will now include applications for new construction and substantial rehabilitation.

If you live in a three-bedroom apartment that rents for $1,400 per month or less in the Minneapolis-St. Paul area, consider yourself lucky. That's affordable housing, whether it's subsidized or not, and it's running out.

The Houston City Council has approved up to $400 million in contracts with six firms to build new housing and repair single-family homes damaged by Hurricane Harvey.

Sales of new homes rebounded in November to the strongest pace in eight months as lower prices helped to attract more buyers.

While most single-family Federal Housing Administration lending is somewhat insulated from the government shutdown, the impasse is doing more to hurt funding in niches like nursing home loans and reverse mortgages.

With a number of affected borrowers, Freedom Mortgage has assembled a team dedicated to providing assistance for homeowners struggling to make mortgage payments.

A lapse in rental-assistance funding, an understaffed FHA and other effects of the government shutdown are causing real harm to families, said the chair of the House Financial Services Committee.

Michael Bright is resigning as acting president of Ginnie Mae to run the Structured Finance Industry Group, a trade association that's been without a CEO since Richard Johns resigned in July amid a reported split with the group's board.