HUD

Risk management and technology systems at the Federal Housing Administration lag decades behind Fannie Mae and Freddie Mac and desperately need to be revamped, according to a top official at HUD.

Fannie Mae is lowering down payment requirements and lender fees on manufactured housing loans to improve affordable housing access.

Purchases of new homes fell in April, reflecting a setback in the Western part of the country and indicating rising borrowing costs and property prices may limit the market's progress.

The CFPB is looking to rescind Obama-era policy that allowed it to punish banks and financial firms for unintentional discrimination.

A residential complex of affordable homes may sprout on the site of a municipal parking lot in downtown San Jose near the bustle of hotels, the city convention center and office towers.

The next Baltimore County executive will be responsible for fulfilling a promise made by the current one: Enticing developers to build 1,000 homes for low-income families.

Despite having a qualified candidate ready to serve, Senate leadership on both sides of the aisle have ignored their responsibility to vote on Brian Montgomery's nomination as Federal Housing Administration commissioner.

New-home sales increased in March to a four-month high, mainly reflecting a surge in the West along with upward revisions to prior months that showed stronger first-quarter demand than previously estimated.

New-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth.

A "three-pronged" internship and management program at HUD Federal Credit Union is helping professionals across all stages of their careers, and the initiative has garnered notice from HUD Secretary Dr. Ben Carson.

Clark County, Nev., is applying for millions in federal dollars to fund low-income housing and fight homelessness.

The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.

Lawmakers approved a measure to increase the program's funding by nearly $3 billion over four years.

Sales of new homes fell for a third straight month and the supply swelled to the highest since 2009, suggesting that surging prices are increasingly deterring buyers.

Senate Democrats accused Housing and Urban Development Secretary Ben Carson and his agency of failing to enforce fair housing laws.

HUD Secretary Ben Carson told lawmakers that overly rigid False Claims Act enforcement had forced lenders to suffer financially for what were just minor errors, but that lenders' fears of being sued were dissipating.

Housing and Urban Development Secretary Ben Carson said he wasn't trying to mislead the public when an agency spokesman initially denied that he and his family were involved in a controversial decision to buy a $31,000 dining room set for his office.

New-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter.

Hope LoanPort will receive funding and guidance to expand its loss mitigation platform for servicers, housing counselors and mortgage borrowers from the Finance of America Foundation, a nonprofit with ties to former Rep. Barney Frank.

The secretary of housing and urban development also urged the Senate to approve Brian Montgomery to be the new Federal Housing Administration commissioner.